UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
HYPERDYNAMICS CORPORATION
(Name of Issuer)
Common Stock, par value $.001
(Title of Class of Securities)
448954107
(CUSIP Number)
Gregory J. Micek
5444 Westheimer, Suite 2080
Houston, Texas 77056
(713)622-1893
(Name, Address, and Telephone Number of Person Authorized
to Receive Notices and Communications:
August 26, 1996
(Date of Event which Requires Filing of this Statement)
If this filing person has previously filed a
statement on 13G to report the acquisition which is the subject of
this Schedule 13D, and is filing this schedule because of Rule
13d-1(b)(3) or (4), check the following box [ ].
Check the following if a fee is being paid with this statement [ ].
(A fee is not required only if the reporting person: (1) has a
previous statement on file reporting beneficial ownership of
more than five percent of the class of securities described in
Item 1; and (2) has filed no amendment subsequent thereto
reporting beneficial ownership of five percent or less of such
class.) (Rule 13d-7.)
The information required on the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall be
subject to all other provisions of the Act (however, see the
Notes)
<PAGE>
SCHEDULE 13D
CUSIP NO. 448954107
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1) Names of Reporting Person
Gregory J. Micek
S.S. or I.R.S. Identification No. of Above Person
###-##-####
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2) Check the Appropriate Box if a Member of a Group
(a) [ ]
(b) [ ]
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3) SEC Use Only
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4) Source of Funds:
oo
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5) Check if Disclosure of Legal Proceedings is Required Pursuant
to Items 2(d) or 2(e)
N/A
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6) Citizenship of place of Organization:
UNITED STATES
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7) Sole Voting Power
Number of Shares 590,000
Beneficially owned --------------------------------------------
by Each Reporting 8) Shared Voting Power
Person With -0-
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9) Sole Dispositive Power
590,000
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10) Shared Dispositive Power
-0-
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11) Aggregate Amount Beneficially Owned by Each Reporting Person:
590,000
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12) Check if Aggregate Amount in Row 11 excludes certain
shares:
[ ]
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13) Percent of Class Represented by Amount in Box 11:
8.9%
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14) Type of Reporting Person
IN
ITEM 1. Security and Issuer
The class of equity securities to which this statement
relates is the common stock, par value $.001 per share ("the
Common Stock") issued by HyperDynamics Corporation, a
Delaware corporation ("the Company"), which has its principal
executive offices at 5444 Westheimer, Suite 2080, Houston,
Texas 77056.
ITEM 2. Identity and Background
This statement is filed by Gregory J. Micek ("the
Reporting Person") whose principal business address is 5444
Westheimer, Suite 2080, Houston, Texas 77056. The Reporting
Person is principally engaged as the President and Chief
Executive Officer of the Company. The Reporting Person is a
United States citizen. During the last five years, the Reporting
Person has not been convicted in a criminal proceeding. During
the last five years, the Reporting Person has not been a party to
a civil proceeding of a judicial or administrative body of
competent jurisdiction and, as a result of such proceeding, is or
was subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to,
federal or state securities laws or fining any violation with
respect to such laws.
ITEM 3. Source and Amount of Funds or other Consideration
The Reporting Person acquired 590,000 shares of Common Stock
giving rise to the filing of this statement in exchange for
services rendered in connection with the formation of the Company.
ITEM 4. Purpose of Transaction
On August 26, 1996, the Reporting Person acquired
590,000 shares of Common Stock in exchange for services
rendered in connection with the formation of the Company. The
purpose of this exchange was to compensate the Reporting
Person for the services rendered in the formation of the
Company and the negotiation of acquisitions. The decision to
issue the shares of Common Stock was reached by the
Reporting Person and the Company on a mutual basis.
The Reporting Person intends to hold his shares of
Common Stock for investment, and does not have any present
plans or proposals which relate to or would result in: (i) any
acquisition by any person of additional securities of the
Company, or any disposition of securities of the Company; (ii)
any extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the Company or any of
its subsidiaries; (iii) any sale or transfer of a material amount of
assets of the Company or any of its subsidiaries; (iv) any change
in the present board of directors or management of the
Company, including any plans or proposals to change the
number or term of directors or to fill any existing vacancies on
the board); (v) any material change in the present capitalization
or dividend policy of the Company; (vi) any other material
change in the Company's business or corporate structure; (vii)
any changes in the Company's charter, by-laws, or other
instruments corresponding thereto or other actions which may
impede the acquisition of control of the Company by any
person; (viii) any termination of registration pursuant to Section
12(g)(4) of the Act of a class of equity securities of the
Company; or (ix) any action similar to any of those enumerated
above.
Notwithstanding the foregoing, the Reporting Person
may determine to change his investment intent to the Company
at any time in the future. In reaching any conclusion as to
his future course of action, the Reporting Person will take into
consideration several factors, such as the Company's business
and prospects, other developments concerning the Company,
other business opportunities available to the Reporting Person,
developments with respect to the business of the Reporting
Person, and general economic and stock market conditions,
including, but not limited to, the market price of the Common
Stock. The Reporting Person may, depending on other relevant
factors, acquire additional shares of Common Stock in the open
market or privately negotiated transactions, dispose of all or a
portion of his holdings of shares of Common Stock or change
his intention with respect to any or all of the matters referred to
in this item.
ITEM 5. Interest in Securities of the Issuer
The Reporting Person is the beneficial owner of 590,000
shares of Common Stock for which he has sole voting power
and investment power. Except for the shares described in Item 3
above, the Reporting Person has not effected any transaction in or
with respect to the Common Stock during the past 60 days.
ITEM 6. Contracts, Arrangements, Understandings or Relationships
with the Securities of the Issuer
N/A
ITEM 7. Material to be Filed as Exhibits
No exhibits are being filed with this statement.
SIGNATURE
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set forth in
this statement is true, complete and correct.
Dated: April 18, 1997
/s/ GREGORY J. MICEK
Name/Title
________________________________________
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS
OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE
18 U.S.C. 1001).
