Hyperdynamics Appoints New Chief Financial Officer

Hyperdynamics Corp. announced that it has appointed David Wesson as its new Vice President and Chief Financial Officer. Mr. Wesson, who currently serves as the Company’s Controller, will assume this new role effective January 1. He succeeds Paul Reinbolt, who will step down from the CFO position at the end of December.

Additionally, Chris DePue, currently manager of SEC Reporting for the Company, will replace Mr. Wesson as Controller and Principal Accounting Officer, also effective January 1.

“We are very pleased to announce David’s promotion to Chief Financial Officer and Chris’ to Controller,” said Ray Leonard, Hyperdynamics President and Chief Executive Officer. “David’s extensive background in exploration and production across a broad range of financial disciplines has been a big benefit during his tenure with the Company, and he has demonstrated strong financial leadership in his role as Controller. Chris has also been an important member of our financial team since he joined us in 2011 and will play an even larger role in the future,” he added.

Mr. Wesson joined Hyperdynamics in April 2010. He began his career in the energy industry with Tenneco Oil E&P and spent seven years in various oil and gas accounting assignments there. Subsequently, he joined Swift Energy Company in 1988 and served 21 years in various financial positions, including serving as its Controller from January 2001 to December 2009. He holds a Bachelor of Business Administration degree in Accounting from Texas Tech University and is a licensed certified public accountant in the state of Texas.

Mr. DePue joined Hyperdynamics in May 2011. He began his accounting career with Ernst & Young in 2007, where he spent four years serving within the firm’s audit practice, most recently as a Senior Auditor. Mr. DePue holds a Bachelor of Business Administration degree in Accounting and a Master of Science degree in Accountancy from The University of Houston and is a licensed certified public accountant in the state of Texas.

Press Release, December 10, 2013