AGR will handle well construction project management services, including logistics, tendering for materials and services, as well as overall management responsibilities for the drilling program.
Initial exploration drilling is slated for the fourth quarter of 2011.
Hyperdynamics president and CEO Ray Leonard said that AGR was selected following a competitive technical and commercial review.
"We are very pleased at the response we received from several world-class companies to manage our drilling project," Leonard said.
"AGR was chosen due to their experience in West Africa and ability to manage projects of this scope and magnitude in a safe, efficient and cost-effective manner."