On January 22, 2016, Empower Fund announced that it has filed a proxy statement urging the shareholders of Hyperdynamics Corporation to vote for the election of its slate of nominees: Gerald Bailey, William Hayden, James Wilson, and Andrew Windham for election to the Company's Board of Directors at the Company's annual meeting of shareholders. In addition, Empower Fund urged shareholders to vote against the Company's proposal to approve the compensation of the Company's named executive officers.