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Hyperdynamics gains after suit settlement

Shares of US independent Hyperdynamics soared on Friday after the company announced the settlement of a lawsuit over a well drilled offshore Guinea in 2011 and 2012.

Lawsuit: Hyperdynamics settles suit with AGR that hinged on unsuitability of drillship Jasper Explorer off Guinea
Lawsuit: Hyperdynamics settles suit with AGR that hinged on unsuitability of drillship Jasper Explorer off Guinea
Published 16 May 2014, 19:30Updated 11 October 2016, 16:18
Africa