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Bechtel Selected to Deliver Major Petrochemicals Project in Egypt

Bechtel, a global leader in engineering, procurement, and construction, announced today that the company has been awarded two contracts by Carbon Holdings of Egypt: one to provide project management services for the Tahrir Petrochemicals Complex at Ain Sokhna, Egypt, and one to build two new polypropylene units at an adjacent site. In its project management role, Bechtel will have oversight of project execution and contractor performance on what will be the largest petrochemicals complex in Egypt.

Hyperdynamics, SAPETRO and the Republic of Guinea Sign Third Amendment to the Production Sharing Contract

Hyperdynamics Corporation (OTCQX:HDYN) today announced that its wholly owned subsidiary, SCS Corporation Ltd. ("SCS"), South Atlantic Petroleum ("SAPETRO") and the Government of the Republic of Guinea have executed a Third Amendment to the 2006 Production Sharing Contract ("PSC"). The Third Amendment will become effective on the date it is approved by Decree of the President of the Republic of Guinea.

Positive Development Well results boosts Production from NW Gemsa, Egypt

SDX Energy Inc. (“SDX” or the “Company”) (TSX VENTURE: SDX), an oil & gas exploration and production company with assets in Egypt & Cameroon, is pleased to announce the Al Amir SE 23 development well in North West Gemsa, has encountered significant oil bearing reservoir sections in both the Kareem Rahmi and Shagar formations and will be completed as a producer in the Shagar.

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