Hyperdynamics Corporation Gets Lift on Force Majeure Lift and Coca-Cola Phases Out Controversial BVO Ingredient
Hyperdynamics Corporation (NYSE: HDY) said in a statement, "Diligent efforts are being made to satisfy the conditions to resuming petroleum operations which include clarification that the U.S. FCPA investigations of Hyperdynamics will not adversely affect Tullow's operations under the PSC". Tullow Oil, a drilling partner, had lifted its force majeure on a joint project in Guinea. Tullow Guinea Limited provided notice to the Government of Guinea that it had lifted its Force Majeure effective from May 3. Hyperdynamics Corporation, an independent oil and gas exploration company, is engaged