Pansoft Company Limited (NASDAQ:PSOF) advanced 21.09% up to $6.66 on news the energy technology company posted better than expected 2009 Q4 results this morning.  Highlights of the report include a jump of 47% for total revenues up to $4.9 million, from $3.3 million for the same quarter in 2008.  Gross profits increased 56% to $2.6 million, compared to $1.7 million for 2008 Q4. Diluted earnings per share were $0.36, up 64% compared to $0.22 for the fourth quarter 2008. Headquartered in Jinan, China, Pansoft Company Limited provides software solutions and services the petrol and gas industry in China. Its proprietary software provides support for business operations, including accounting; order processing; shipping; invoicing; inventory control; logistics and customer relationship management.

Hyperdynamics Corporation (AMEX:HDY) gained 7.58% up to $0.710 on no news; however last week the energy company extended terms of  a letter of intent  sent to Spanish energy company Repsol YPF. In addition, Repsol has agreed to pay Hyperdynamics $2.7 million for its share of work performed on the company’s ongoing 2-D seismic program. Repsol will also pay its share of the remaining work on the program, estimated to be valued at approximately $1.0 million, upon its completion. These funds can be repaid to Repsol at its option if the Production Sharing Agreement clarification has not been authorized by September 10, 2010.  Hyperdynamics recently closed their deal with Dana Petroleum in which Dana acquired exclusive rights to a 23% participating interest in Hyperdynamics’ concession offshore of the Republic of Guinea in exchange for US $19.6 million. Headquartered in Sugar Land, Texas, Hyperdynamics Corporation, through its subsidiaries, engages in the exploration and production of oil and gas offshore of the Republic of Guinea, West Africa and holds the largest exploration license in West Africa, covering 31,000 square.

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