Dynamic Resources

tests Haynesville shale gas potential

2009-02-23 14:24 EST - News Release

Mr. Robert Fedun reports

SENTELL FIELD UPDATE - HAYNESVILLE SHALE ANALYSIS ANNOUNCED

Dynamic Resources Corp.'s operator for the Sentell field project has released the preliminary results of Core Laboratories' (Core Lab) technical evaluation of the well data and core samples provided for the Atkins-Lincoln 17-2 and Burt 20-1 Haynesville test wells.

The company recently completed drilling operations on its two initial Haynesville delineation wells, the Atkins-Lincoln 17-2 and the Burt 20-1. As part of the evaluation program for these two wells, extensive core sampling was performed on each well. Preliminary results of Core Lab's technical analysis of the Atkins-Lincoln 17-2 and Burt 20-1 well data, wireline logs and core samples indicate net thickness of the porous, gas-bearing Haynesville shale intervals to be 327 feet and 249 feet respectively.

The study further indicates that the Sentell field's Haynesvilleshale potential ranges between 258 billion and 321 billion cubic feet of gas in place per section. This compares favourably with other data evaluated by Core Lab in proven productive areas of southern Bossier Parish, south of the Sentell field, where gas in place estimates are approximately 165 billion cubic feet per section. Other key factors, including total organic content, kerogen type and quality, observed pressure gradients, and clay content of the company's core data, appear consistent with industry data across this sector of Bossier Parish.

There is still substantial laboratory and field testing work to be completed, but these preliminary results, combined with conservative recovery factors of less than 25 per cent, indicate Sentell field gas in place exceeding 50 billion cubic feet net to the company's interest. Analysis and completion design work continues in order to optimize results.

The operator is carefully following industry activity in the area and working the laboratory results into completion plans for both of the company's initial Haynesville delineation wells. In the meantime, the company is currently erecting a new drilling rig in preparation for spudding its third Haynesville shale delineation well, the Boyce Pate 16-1.

The company owns a 20-per-cent working interest in approximately 5,300 acres in the Sentell field, located in the heart of the known Cotton Valley trend north of Shreveport, La. To date, the company has drilled nine successful tests of the Cotton Valley sands, five of which are connected to the market and producing revenues, with two more expected to produce revenue in the first quarter of 2009.

Completion options are currently being evaluated for the remaining two wells, which both successfully tested the Haynesville shale formation.

We seek Safe Harbor.

Dynamic Resources

drills ninth Cotton Valley well

2009-02-17 15:53 EST - News Release

Mr. Robert Fedun reports

SENTELL FIELD UPDATE - NINTH SUCCESSFUL WELL

Dynamic Resources Corp. has drilled the ninth successful Cotton Valley well in its Sentell field development project in Bossier parish, Louisiana.

The company has successfully drilled its ninth Cotton Valley well, the L. Moore 20-1 well, which reached planned total depth of 9,904 feet on Jan. 31, 2009. This well is the northwest offset to the recent Cash Pointe 30-1 discovery and confirms productivity in the southern portion of the field.

Wireline logging and mud log shows indicate the L. Moore 20-1 well encountered 104 feet of net effective gas pay in the Cotton Valley formation. Notably, there are key intervals in the most productive intervals of the Upper Davis with 47 net feet of pay. The operator of the well has run and set 4-1/2-inch production casing to total depth. Completion operations commenced this week. Hydraulic fracturing in the Upper Davis was performed on Feb. 13. The L. Moore 20-1 is Dynamic's ninth consecutive successful Cotton Valley well in the Sentell field. The other eight wells encountered similar log characteristics. Five of these wells are commercially producing, the sixth is awaiting pipeline construction and completion, and two wells were extended as successful Haynesville delineation tests.

Construction of an extension of the field gathering system to connect the Section 20 wells was completed on Feb. 7, 2009. This extension will allow for immediate production from the Moore 20-1 well upon completion. Work continues on the system to extend the line down to the Cash Pointe 30-1 well. The company expects that work to be completed during March.

Robert Fedun, Dynamic's chief executive officer, said: "The results from this latest well offer further proof of the quality of the Cotton Valley play on our acreage. Developing the Sentell field as a Cotton Valley producer remains viable at natural gas prices above $4.50 per thousand cubic feet. The company's advantage lies in our dual development strategy between Cotton Valley production and a Haynesville development program based on our successful Haynesville tests in two locations within our Sentell field. We believe the quality of this play and our strategy will prove beneficial to our shareholders."

The company owns a 20-per-cent working interest in approximately 5,300 acres in the Sentell field, located in the heart of the known Cotton Valley trend north of Shreveport, La. To date, the company has drilled nine successful tests of the Cotton Valley sands, five of which are connected to the market and producing revenues, with two more expected to produce revenue in the first quarter of 2009.

Completion options are currently being evaluated for the remaining two wells, which both successfully tested the Haynesville shale formation.

We seek Safe Harbor.

SENTELL FIELD UPDATE, PRIVATE PLACEMENT ANNOUNCED

Dynamic Resources Corp. is undertaking a non-brokered private placement of up to $1.5-million (U.S.) by the issuance of units priced at five U.S. cents, with each unit comprising one common share and one common share purchase warrant exercisable at eight U.S. cents for a period of two years from closing.

The majority of the net proceeds will be used for the completion of the two Haynesville shale wells, the Atkins-Lincoln 17-2 and Burt 20-1, that have already been successfully drilled. The balance of the moneys will be used for tie-ins, pipelines, associated costs and facility completions in respect to the Sentell field project. The company will pay finders' fees to those parties which are assisting it in completing this financing.

Wireline logging and mud log shows indicate the Burt 20-1 well encountered 423 feet of highly laminated, silty and naturally fractured Haynesville shale with shale-corrected porosity indications averaging over 12 per cent and resistivity readings ranging between 20 and 70 ohm-metres. Mud logs indicated abundant gas shows throughout the interval, ranging from 600 to 1,800 units with trip gas as high as 3,800 units. The company recovered over 120 feet of conventional core samples over key intervals within the Haynesville shale, which have been sent to Houston for detailed analysis. Similar results were also achieved in the Atkins-Lincoln 17-2 well. Comparative analyses to successful surrounding Haynesville shale completions indicate a high probability of excellent results in these wells. Completion operations on the Burt well are expected to begin in early February, pending extension of the field gathering system. The Atkins-Lincoln well will be completed subsequent to the completion and testing of the Burt well.

The company's fourth well in the 2008 development program, the Moore 20-1, is currently being drilled directionally from the same surface location as the Burt 20-1 and is targeting the Cotton Valley interval.

The company owns a 20-per-cent working interest in approximately 5,300 acres in the Sentell field, located in the heart of the known Cotton Valley trend north of Shreveport in Louisiana. To date, the company has drilled eight successful tests of the Cotton Valley sands, five of which are connected to the market and producing revenues, with a sixth expected to produce revenue in the first quarter of 2009.

The remaining two wells will be completed as Haynesville shale wells.

We seek Safe Harbor.

SENTELL FIELD UPDATE - LATEST WELL FINDS AND LOGS HAYNESVILLE SHALE FORMATION

Dynamic Resources Corp. has been informed by the operator of its Sentell field project that it has successfully drilled and logged the targeted Haynesville interval in its Burt 20-1 well, with positive results. This well is strategically located in the southwest section of the company's Sentell field in Bossier Parish, La. As previously announced, the well successfully encountered its targeted Cotton Valley interval in this location before the company drilled ahead to further evaluate its Haynesville potential. The Burt 20-1 well reached a total depth of 11,220 feet on Nov. 27, 2008. This is the third well in the company's 2008 development program, and the second of two Haynesville Shale vertical test wells in the Sentell field planned this year.

Wireline logging and mud log shows indicate the Burt 20-1 well encountered 312 feet of highly laminated, silty, and naturally fractured Haynesville shale with shale-corrected porosity indications averaging over 12 per cent and resistivity readings ranging between 20 and 70 ohm-meters. Mud logs indicated abundant gas shows throughout the interval, ranging from 600 to 1,800 units with trip gas as high as 3,800 units. The company recovered over 120 feet of conventional core samples over key intervals within the Haynesville shale, which have been sent to Houston for detailed analysis.

The results of the Burt 20-1 location are consistent with the company's earlier Cotton Valley locations, as well as the successful Haynesville test previously announced at the Atkins-Lincoln 17-2 location. The company will use the results from its two successful Haynesville tests, together with available industry expertise, to evaluate and design optimal completion techniques.

The Burt 20-1 is the company's eighth consecutive successful Cotton Valley well in the Sentell field, and the second well to positively evaluate the Haynesville shale. Each of the company's eight Cotton Valley wells has similar log characteristics, and five of these wells are currently flowing into sales lines. The sixth well is awaiting a pipeline connection. Both the Burt 20-1 and the Atkins-Lincoln 17-2 will be completed in the Haynesville shale, pending thorough analysis and completion design.

The company has moved the drilling rig and spudded the fourth well in the 2008 development program, the Moore 20-1. This well is being drilled directionally from the same surface location as the Burt 20-1 and is targeting the Cotton Valley interval.

Robert Fedun, president and chief executive officer, said: "The results to date from the Burt 20-1 well confirm earlier evidence that the Sentell field is right in the middle of the Haynesville play. The new Haynesville well discoveries at both the Burt 20-1 and Atkins-Lincoln 17-2 locations should be additive to our reserve base.

We will release initial production rate information once we have completed the extensive analytical work required at both of our Haynesville locations and brought them onto production.

"We, together with our partners, are evaluating the implications of these new

discoveries on our total financial position, capital budget, drilling program, and

strategic growth plans, given that we demonstrated further evidence of the quality

and viability of our Haynesville position. The Cotton Valley trend and Haynesville

shale plays enjoy compelling well economics, as a result of excellent well productivity

and favorable regional pricing differentials, among other factors. Both plays lie within

our existing Sentell field acreage, strategically positioning our company for building shareholder value even in challenging market conditions. We remain positive in our outlook in moving Dynamic forward."

The company owns a 20-per-cent working interest in approximately 5,300 acres in the Sentell field, located in the heart of the known Cotton Valley trend north of Shreveport in Louisiana. To date, the company has drilled eight successful tests of the Cotton Valley sands, five of which are connected to the market and producing revenues, with a sixth expected to produce revenue in the fourth quarter of 2008. Completion options are currently being evaluated for the seventh and eighth well, which successfully tested the Haynesville shale formation.

We seek Safe Harbor.

SENTELL FIELD UPDATE - LATEST WELL FINDS COTTON VALLEY GAS, CONTINUES DRILLING TO TEST HAYNESVILLE SHALE FORMATION

Dynamic Resources Corp. has been informed by the operator of its Sentell field project that it has successfully drilled and logged the targeted Cotton Valley interval in its A.S. Burt 20-1 well, with positive results. The well reached the planned intermediate pipe depth of 9,530 feet on Nov. 10, 2008. Subsequent to logging the Cotton Valley and shallower horizons, seven-inch casing was set at 9,530 feet and the well is drilling ahead to test the Haynesville shale at a planned total depth of 11,300 feet. This well is strategically located in the southwest section of the company's Sentell field in Bossier Parish in Louisiana, and is designed to further delineate both Cotton Valley and Haynesville shale potential.The A.S. Burt 20-1 well is the third well in the company's 2008 development program and the second Haynesville shale vertical test well in the Sentell field planned this year.

Wireline logging and mud log shows indicate the A.S. Burt 20-1 well encountered 54 feet of net effective gas pay in the Cotton Valley formation. Notably, there are a number of pay sands correlative to the pay intervals in the company's existing wells, indicating the 20-1 well may produce similar results to the other Cotton Valley wells drilled in the Sentell field. The A.S. Burt 20-1 well is the company's eighth consecutive successful Cotton Valley well in the Sentell field. Each of the company's eight Cotton Valley wells has similar log characteristics. Five of these wells are currently flowing into sales lines and generating cash flow. The company's sixth successful Cotton Valley well, the Cash Pointe 30-1, is currently awaiting pipeline construction. After encountering excellent pay intervals in the Cotton Valley, the seventh well, the Atkins-Lincoln 17-2, was deepened into the Haynesville shale, where it encountered reservoir rock with encouraging properties. This well is currently undergoing extensive laboratory and petrophysical analysis preparatory to a completion in the Haynesville.

Robert Fedun, the company's president, said: "Our enthusiasm about the Sentell field and our Cotton Valley play continues to grow. The well logs and formation evaluation for A.S. Burt 20-1 are similar to our previous successful wells in the play. The preliminary results from the A.S. Burt 20-1 well suggest that commercially economic portions of the Cotton Valley sands extend into a greater portion of our leasehold in the Sentell field. This well is also our second test of the Haynesville shale, following our successful initial Haynesville test in the Atkins-Lincoln 17-2 in October. We believe this test will further define the presence and extent of pay in the Lower Bossier/Haynesville within this play, which would represent significant additional value."

The company owns a 20-per-cent working interest in approximately 5,300 acres in the Sentell field, located in the heart of the known Cotton Valley trend north of Shreveport in Louisiana. To date, the company has drilled eight successful tests of the Cotton Valley sands, five of which are connected to the market and producing revenues, with a sixth expected to produce revenue in the fourth quarter of 2008. Completion options are currently being evaluated for the seventh well, which successfully tested the Haynesville shale formation.

LOAN FACILITY AND PRIVATE PLACEMENT ANNOUNCED

Dynamic Resources Corp. has entered into a $6-million (U.S.) loan to finance its development costs at its Sentell field in Louisiana. The secured 4-per-cent convertible note has a four-year term and is convertible into 40 million common shares at a conversion rate of 15 U.S. cents per share, subject to adjustment in certain circumstances. In addition, Dynamic has agreed to issue 20 million warrants, each entitling the holder to one share at 15 U.S. cents, subject to adjustment in certain circumstances for a four-year term. Under certain share price performance conditions, Dynamic may require the early conversion of the note.

To date $1-million (U.S.) has been advanced under this facility.

The remaining $5-million (U.S.) will be advanced upon satisfaction of certain closing conditions.Robert Fedun, president of Dynamic, commented: "We are enthusiastic about this financing, which is the largest in the company's history.

First, these funds give Dynamic the ability to pursue our aggressive development of the Sentell field. In our next phase of development, our plan is to drill at least six Cotton Valley wells and two Haynesville wells, and this financing gives Dynamic the capital to fully fund this program, and move the company towards capital self-sufficiency."

Drilling of the first well in the development program has reached total depth, and production casing has been run down the hole. Fracture completion and testing are scheduled within the next two weeks. The drilling rig and associated equipment are now being moved to the next location, which will be drilled to test the Haynesville formation.

Dynamic also completed, effective June 6, 2008, a private placement of 50 units at $1,000 (U.S.) per unit to one purchaser. Each unit consists of one 10-per-cent two-year note and 5,000 common share purchase warrants. Each warrant entitles the holder to acquire one common share of the company for 20 U.S. cents per share until Sept. 4, 2010.

We seek Safe Harbor.

 

Dynamic Resources Corp
Symbol:	DYRF
Shares Issued:	146,384,489
Close 2008-07-02:	C$ 0.20
Recent Sedar Documents

 

Dynamic Resources drills Cash Point 30-1 to 9,500 ft

2008-09-04 13:47 ET - New Release

Mr. Robert Fedun reports

 

 

SENTELL FIELD UPDATE - NEW WELL DISCOVERY; COMPANY MOVES RIG TO DRILL FIRST OF TWO HAYNESVILLE/LOWER BOSSIER SHALE TEST WELLS

Dynamic Resources Corp. has been informed by the operator of its Sentell field project of the successful drill of the Cash Point 30-1 well, which reached planned total depth of 9,500 feet on Aug. 27, 2008. This well is located in the southern section of the company's Sentell field in Bossier parish in Louisiana.

Wireline logging and mud log shows indicate the Cash Point 30-1 well encountered 70 to 85 feet of net effective gas pay in the Cotton Valley formation. Notably, there are key intervals in the Upper Davis and Lower Davis with up to 70 net feet of pay, and potential pay of five to 10 net feet in the Roseberry, below the Lower Davis. In addition, there are excellent shows above the Davis interval, with six to eight net feet of pay developing in the Cotton Valley B sand. Production casing of 5.5 inches has been run and set to total depth. Completion operations, including hydraulic fracturing, will commence upon release of the drilling rig. The Cash Point 30-1 is Dynamic's sixth consecutive successful Cotton Valley well in the Sentell field. The other five wells encountered very similar log characteristics, and all are commercial successes.

The operator is preparing the rig to move to the Atkins-Lincoln 17-2 well, the company's first Haynesville vertical test well, strategically located in the centre of the company's Sentell field. The Atkins-Lincoln 17-2 is the second well in the company's 2008 development program, which includes other strategic locations within the company's Cotton Valley position, as well as a second vertical Haynesville evaluation well planned for later this year.

Robert Fedun, president and chief executive officer, said: "Over all, the Cash Point 30-1 well indicates we may have several highly prospective Cotton Valley intervals. While there is substantial petrophysical work and completion planning to be done by the operator of the field, we are enthusiastic about the well logs and formation evaluation. The logs are highly correlative to our previous successful wells, and we have every reason to expect results from 30-1 will meet or exceed the results of our five previously successful Cotton Valley wells in the Sentell field.

We acquired all rights to all depths in most of the Sentell field prior to the Haynesville land rush and the resulting increases in leasing costs. As a result, we are in a fortunate position in that we may be in the middle of the Haynesville shale play. The Atkins-Lincoln 17-2 is our first evaluation of deep shale potential.

Any Haynesville/Lower Bossier shale pay would represent significant upside over what we already know is a high-quality Cotton Valley acreage position."

The company owns a 20-per-cent working interest in approximately 5,300 acres in the Sentell field, located in the heart of the known Cotton Valley trend north of Shreveport, La. To date, the company has drilled five successful tests of the Cotton Valley sands, all of which are connected to the market, and producing revenues.

We seek Safe Harbor.

 

Dynamic Resources operator to drill Sentell in August

2008-07-03  13:51 ET - News Release

Mr. Robert Fedun Reports

DYNAMIC RESOURCES CORP.: SENTELL FIELD UPDATE

Dynamic Resources Corp. has been informed by the operator of its Sentell field project that a 10-well drilling program will commence in August that will start by drilling two Cotton Valley wells.

The first vertical Haynesville shale test well will then be drilled. A technical evaluation is planned once the drilling of the Haynesville well is completed.

The partners in this play plan to convert the proved undeveloped Cotton Valley acreage into cash flow by continuing with the 2008/2009 drilling program.

The vertical Haynesville shale test well will be drilled to a depth of approximately 12,500 feet. Numerous companies, such as Chesapeake Energy Corp.,

EnCana Corporation and Petrohawk Energy Ltd., continue to report successful drilling of Haynesville shale wells in the area with flow rates ranging from five million cubic feet per day to 15 million cubic feet per day with flowing casing pressures of up to 5,000 pounds per square inch.

We seek Safe Harbor.

Four of the five wells drilled to the Cotton Valley formation in Dynamic Resources Corp.'s Sentell field in Bossier Parish, Louisiana, are currently flowing to sales. Final completion and hook-up activities are in progress on the fifth well and are expected to be finished within the next week. Dynamic owns a 20-per-cent interest in each of these wells.

Dynamic also announced that it has formed an advisory board, on which it will ask qualified and experienced individual to sit, for the purpose of providing the company with operational and strategic advice as both its corporate strategy and development program progress. Dynamic is pleased that James Robby Robson and Timothy Jurek have agreed to join the advisory board as its initial members.

Mr. Robson, of McKinney, Tex., was the founder of Pontotoc Production Company, a privately owned oil and gas company which completed a merger in 1997 to form Pontotoc Production Inc., a Nasdaq Stock Market-listed oil and gas company. That company was subsequently sold in 2001. Mr. Robson was the president and chief executive officer of the public company.

Mr. Jurek, of Tulsa, Okla., has an engineering degree from the United States Military Academy at West Point and 30 years experience in the natural gas industry, with particular emphasis on start-ups, acquisitions and operations. In 1981, he formed Western States Gas Company, the first of nine natural gas gathering, marketing and production companies which Mr. Juric founded and operated between 1981 and present. Mr. Juric has served as a director and officer of a number of gas gathering and production companies, and is currently president of Pontotoc Gathering.

Dynamic has granted a total of 750,000 options to Mr. Robson and Mr. Jurek, exercisable at 12 cents for a period of five years.

We seek Safe Harbor.

STOCK OPTION GRANT

Further to Dynamic Resources Corp.'s April 11, 2008, news release in Stockwatch, one million options to two new consultants of the corporation have now been issued. Each option entitles the holder to acquire one common share of the corporation for a period of five years expiring May 23, 2013, at a price of 10 cents per share.

PRIVATE PLACEMENT CLOSES

Dynamic Resources Corp.'s Cotton Valley, Sentell field-development program in the Bossier parish of Louisiana is believed to be in the Haynesville shale area of Louisiana mentioned in the JP Morgan, "North America Equity Research," dated March 13, 2008,

Dynamic Resources's chief executive officer, Robert Fedun, said: "This is around us. We are definitely in a good area. I believe the Haynesville shale is a great find and Cotton Valley, Sentell field-development program in Bossier parish, Louisiana, could potentially have a greater impact on the company than any other sites in which Dynamic is participating to date."

It has also closed its current private placement. Further to the company's Feb. 6, 2008, news in Stockwatch, the company has raised a total of $2,127,100 in proceeds from the sale of 42,542,000 common share units. Each unit consists of one share and one warrant exercisable for two years from closing at 10 cents per share. Shares issued pursuant to this private placement are subject to trading restrictions to Sept. 16, 2008.

A total of $147,210 plus 2,904,200 broker warrants, exercisable on the same terms as the warrants forming part of the units, were paid in commissions.

Net proceeds will be used for additional development work on the company's Louisiana project and for working capital.

We seek Safe Harbor.

Dynamic Resources Spuds Fifth Well In Louisiana

2008-04-01 14:04 ET - News Release

Mr. Robert Fedun reports

Dynamic Resources Corp. has drilled its fifth successful Cotton Valley test in its Sentell field development program in the Bossier parish of Louisiana. The latest well, the Atkins-Lincoln 17-1, reached its planned total depth of 9,500 feet on March 30, 2008.

According to the operator, open-hole logging and formation-testing information indicates approximately 75 to 90 feet of net effective gas pay in the Cotton Valley interval. The well is currently being prepared to run 5.5-inch production casing to total depth.

With this successful test, Dynamic continues its string of 100-per-cent success rate in the Cotton Valley. It has completed three wells which are producing to market and anticipates completing the fourth well during the month of April.

Completion operations are expected to commence expeditiously upon release of the drilling rig and scheduling of a completion rig and stimulation services. First production from the Atkins-Lincoln 17-1 well is expected by early May.  Dynamic owns a 20-per-cent interest in each of these wells.

We seek Safe Harbor.

Dynamic Resources Corp. will begin an extensive worldwide investor relations campaign. Last week Dynamic entered into an agreement with U.S.-based Integrated Capital Partners, from the New York area, to assist Dynamic in this program.

Dynamic will begin this worldwide awareness campaign in the coming weeks. The extensive campaign will include, but not be limited to, one-on-one and group presentations, print media, and live and taped interviews. Company representatives are expected to travel through several cities in North America and Europe to meet face to face with a broad range of investors. Additionally, the appropriate investment conferences will be targeted for attendance. The tour will continue all year long and serve the purpose of introducing Dynamic to the investment community, as well as to potentially expand on the business relationships already forged in the energy sector.

Dynamic currently has a 20-per-cent interest in three producing gas wells in North Louisiana in the United States and has been advised by the operator of this play that it has an aggressive drilling program over the next year to capitalize on the success to date of bringing new producing wells on to production. The timing of this investor relations program was facilitated by the current business operations and the fundamental growth expected during 2008 into and through 2009.

Robert Fedun, chief executive officer of Dynamic Resources, stated: "Our decision to begin this program demonstrates our commitment to facilitate global access to our securities and improve market liquidity. I have never been more excited about the current fundamental position of our company and the future prospects for growth."

We seek Safe Harbor.

Las Vegas, Nevada - Dynamic Resources Corp. (the "Company" or "Dynamic")  Dynamic wishes to update the current status of its current exploration/development project in the Sentell Field in Bossier Parish, Louisiana. The operator of the project, Southern Star Energy Inc. has issued a press release dated January 15, 2008 with the following information.

"Southern Star Energy is pleased to announce the completion of its latest well, the Atkins-Lincoln 18-2 well in Sentell Field, Bossier Parish Louisiana.  The well was drilled to a depth of 9,950' in October, 2007.  The well has been completed in the Upper Davis section of the Cotto Valley Formation with perforations at 8,478' - 8,492'.  The zone was fracture stimulated using conventional "slick water" fracturing technique with 71,770 pounds of proppant on December 20, 2007.  After flowback, production tubing was installed.  Production equipment tie-ins and a 2,600' flowline installation were recently completed and the well was placed on production at 2:00 pm on January 10, 2008.  The well is currently flowing at 703 mcfd at 900 psig flowing tubing pressure."

Dynamic and its partners currently have approximately 5300 acres under lease within the prospect area, which is defined by a string of ten old wells drilled in the 1950s, one well per 640 acre spacing. The working interest partners in this prospect area are as follows: Southern Star Energy Inc - 40 per cent, Ramshorn Investments Inc. - 40 per cent and Dynamic - 20 per cent.

For further information, please contact:              

Robert Fedun, President and Director
Direct: 702-743-1343
Fax: 702-869-9832
E-mail: robertfedun@dynamicresourcescorp.com
Website: www.dynamicresourcescorp.com

 

Dynamic Resources Corp. has received the following update from the operator of the 20-per-cent-owned well.

Atkins-Lincoln 18-1, drilled and completed Jan. 16, 2007, to depth of 9,950 feet, with first production on July 11, 2007, and first sales on Sept. 5, 2007, currently, is only producing from the bottom 14 per cent (50 feet) of total Cotton Valley pay interval. Early production of over 500 thousand cubic feet per day has been encouraging and this has led the company to optimizing the engineering design for the completion for the remainder (900 feet gross) of the Cotton Valley pay interval. Petrophysical, geologic and engineering information indicates that the quality of the upper Cotton Valley pay is materially better than the lower interval now producing. The company has commenced completion operations on this well to complete the entire Cotton Valley pay section to commingle all available gas production into sales by end of November, 2007.

All of the estimated recoverable oil and gas reserves in different zones are confirmed by mudlog, wireline logs evaluations and, in some cases, with side wall cores and formation tester pressure measurement. A total of 85 feet of estimated gas pay is distributed over a gross (total) interval of 900 feet in the Cotton Valley section. Three shallower zones demonstrating primarily oil potential will continue to be evaluated in subsequent wells. Results of those evaluations will determine the feasibility of additional future developments targeting the oil potential. The zones indicating oil potential are regionally known and have been economically developed within a 10-mile radius of this well.

We seek Safe Harbor.

 

Dynamic Resources Corp. is undertaking a new private placement of up to $800,000 by the issue of up to eight million units at 10 cents per unit. Each unit consists of one common share and one warrant which entitles the holder to acquire one additional common share for 16 cents for a period of two years from closing.

Proceeds will be used for additional development work on the company's Louisiana project and for working capital.

We seek Safe Harbor.

 

Dynamic Resources Corp. is releasing an update on the current status of its exploration/development project in the Sentell field in the Bossier parish of Louisiana.

A fourth well, Atkins 18-2, was spudded on Sept. 11, 2007. The projected depth of this well is 9,950 feet and is currently drilling at a depth of approximately 5,500 feet. It is projected that total depth will be reached in approximately one week. This well is in close proximity to wells 18-1 and 8-1.

The company's completion of well 8-1 will commence next week. This well will be perforated and stage-fraced at different intervals, giving the operator a much more precise evaluation of the different pay zones.

Dynamic and its partners currently have approximately 5,300 acres under lease within the prospect area, which is defined by a string of 10 old wells drilled in the 1950s, one well per 640-acre spacing. Dynamic has a 20-per-cent working interest in this prospect area.

 

Dynamic Resources Corp. is releasing an update on the current status of its exploration/development project in the Sentell field in the Bossier parish of Louisiana .

The two exploration wells, Atkins Lincoln 18-1 and the R.C. Atkins et al. 8 No. 1, have been drilled to total depth of 9,950 feet, and production casing has been run in both.

The operator, Southern Star Energy, is currently acquiring the necessary permitting and rights-of-way in order that flow lines can be placed from the two wells and connected to the main sales transmission line approximately one mile away. Once the flow lines and necessary production facilities are in place, the two wells will be completed and put on production.

Currently, the two new wells and the existing old wells on the acreage (5,300 acres are leased) are being evaluated in order that a proper development drilling program can commence immediately. These wells will be drilled to varying depths.

Dynamic and its partners currently have approximately 5,300 acres under lease within the prospect area, which is defined by a string of 10 old wells drilled in the 1950s, one well per 640-acre spacing. The working interest partners in this prospect area are as follows: Southern Star Energy -- 40 per cent; Ramshorn Investments Inc. -- 40 per cent; and Dynamic -- 20 per cent.

We seek Safe Harbor .

............................................................................................................................................................

Drilling and private placement update

CNQ Symbol "DYRF"
Pinksheet Symbol "DYRFF"
February 2, 2007

Las Vegas, Nevada - Dynamic Resources Corp. (the "Company" or "Dynamic") Dynamic wishes to update the current status of its Atkins-Lincoln 18-1 well in Bosser Parish, Louisiana. After successful testing, completion operations will commence on or around February 7, 2007. A second evaluation well is planned to be spudded at the same time and will be located about one mile from the Atkins Lincoln 18-1 well.

Dynamic and its partners currently have approximately 5300 acres under lease within the prospect area, which is defined by a string of ten old wells drilled in the 1950s, one well per 640 acre spacing. The working interest partners in this prospect area are as follows: Southern Star Energy Inc - 40 per cent, Ramshorn Investments Inc. - 40 per cent and Dynamic - 20 per cent.

The brokered private placement announced on October 1, 2006 has been over-subscribed. The Company plans to issue units totaling US$1,200,000. Each unit will be sold for US$0.08 and consists of one common share and one share purchase warrant. Each warrant entitles the holder to subscribe for one common share at US$0.16 for a period of two years from closing. Proceeds will be used for further exploration and development of the Company's properties in Cotton Valley, Louisiana, Palo Duro and La Salle County in Texas, plus general working capital.

For further information, please contact:

Robert Fedun, President and Director
Direct: 702-743-1343
Fax: 702-869-9832
E-mail: robertfedun@dynamicresourcescorp.com
Website: www.dynamicresourcescorp.com

Forward Looking Statements: Certain information regarding the Company contained herein may constitute forward looking statements. Forward looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although the Company believes that the expectations reflected in such forward looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. These statements are subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward looking statements. The Company is under no obligation to update or alter any forward looking statement. These risks include operational and geological risks, the ability of the Company to raise necessary funds for exploration and the fact that the Company does not operate its properties. The Company's forward looking statements are expressly qualified in their entirety by this cautionary statement. The Company also disclaims any obligation to update, alter or otherwise revise any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future events or otherwise.

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Dynamic Resources Corp. is releasing an update on the current status of the Atkins-Lincoln 18-1 well that was previously reported in Stockwatch news Nov. 29, 2006.

Southern Star Energy, the operator of the well, has informed Dynamic that this first evaluation well of this program in Bosser Parish, La. , has been successfully drilled to a total depth of 9,950 feet and production casing has been run.

At this time, it is projected to be a highly economic well based on 160 drainable acres. All of the estimated recoverable oil and gas reserves in the four different zones are confirmed by mud log and wireline logs and in some cases with sidewall cores and formation tester pressure measurements.

An additional evaluation well is planned to be drilled immediately to a depth of more than 9,950 feet and will be located about one mile from the Atkins Lincoln 18-1 well.

Dynamic and its partners currently have approximately 5,300 acres under lease within the prospect area, which is defined by a string of 10 old wells drilled in the 1950s, one well per 640-acre spacing.

Most of the old wells were abandoned prior to 1972 after producing from one thin, but prolific, Cotton Valley sand zone. There have been no other zones produced within the prospect area although new technologies applied to the old wells indicate numerous economic oil/gas-bearing targets. This new well appears to have validated this interpretation. None of the zones with reserve potential identified in Atkins-Lincoln 18-1 have been produced.

Preliminary plans, based upon continued successful evaluation drilling, are to develop the based acreage with at least one well per 160 acres, potentially leading to more than a 30-well development drilling program. Fields in this area are being economically developed with at least one well per 80 acres.

Initial production rates for the development wells are expected to be in excess of three million cubic feet of gas per day per well.

We seek Safe Harbor.

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Joint venture agreement signed

CNQ Symbol "DYRF" - October 16, 2006

Las Vegas, Nevada - Dynamic Resources Corp. (the "Company" or "Dynamic") announced that further to its news release of October 4, 2006, the Company confirms that the previously announced joint venture agreement in respect to the Cotton Valley Play in Louisiana has now been signed with a joint venture partner, Big Sky Management Ltd. ("Big Sky"), of Vancouver, British Columbia. Big Sky has previously been actively involved in raising capital for numerous oil/gas ventures in the US.

The terms of the joint venture agreement are that Big Sky will pay 100% of the participation cost of Dynamic's 40% interest in the first two wells in order to earn 50% of Dynamic's 40% interest in all the land currently under lease by Dynamic in the Cotton Valley play.

The first well is scheduled to be spudded by November 8, 2006 with the second well to be drilled immediately after the first well is completed. Each well has a potential of 4 to 5 zones with reserves of up to 10BCF per well. Total depth per well will be approximately 10, 000 feet, with total drilling time of two to three weeks per well.

An evaluation will be done after drilling the first two wells. Should the wells be successfully completed then a more aggressive drilling program will be commenced, based on drilling rig availability.

For further information, please contact:

Robert Fedun, President and Director
Direct: 702-743-1343
Fax: 702-254-5594
E-mail: robertfedun@dynamicresourcescorp.com
Website: www.dynamicresourcescorp.com

Forward Looking Statements:

Certain information regarding the Company contained herein may constitute forward looking statements. Forward looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance
or other statements that are not statements of fact. Although the Company believes that the expectations reflected in such forward looking statements are reasonable, it can give no assurance that such expectations will prove to have
been correct. These statements are subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward looking statements.
The Company is under no obligation to update or alter any forward looking statement. These risks include operational and geological risks, the ability of the Company to raise necessary funds for exploration and the fact that the Company does not operate its properties. The Company's forward looking statements are expressly qualified in their entirety by this cautionary statement. The Company also disclaims any obligation to update, alter or otherwise revise any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future events or otherwise.

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Dynamic Resources arranges $800,000 ( U.S. ) financing

2006-10-03 16:42 ET - News Release

Mr. Robert Fedun reports

PRIVATE PLACEMENT ANNOUNCED

Dynamic Resources Corp. has issued 1,595,000 units for gross proceeds of $239,250 pursuant to its previously announced arm's-length non-brokered private placement at 15 cents per unit.

Each unit consists of one common share and one-half of a warrant exercisable for two years at 20 cents per share. Shares issued pursuant to the first closing will be subject to a hold period expiring Nov. 25, 2006, and shares issued pursuant to the second closing will be subject to a hold period expiring Jan. 15, 2007.

Proceeds from that private placement will be used to acquire additional oil and gas properties in the Cotton Valley of Louisiana and for general working capital.

The company has also agreed to issue, pursuant to a private placement to be brokered by Source Capital Corp. of Scottsdale, Ariz., a minimum of 3.75 million units ($300,000 (U.S.)) and a maximum of 10 million units ($800,000 (U.S.)). Each unit will be sold for eight U.S. cents and will consist of one common share and one share purchase warrant. Each warrant entitles the holder to subscribe for one common share at 16 U.S. cents for a period of two years from closing. Proceeds will be used for further exploration and development of the company's properties in Cotton Valley , La. , Palo Duro and La Salle county in Texas , plus general working capital.

We seek Safe Harbor.

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Dynamic Resources to JV on two Cotton Valley wells

2006-10-04 13:47 ET - News Release

Mr. Robert Fedun reports

JOINT VENTURE ANNOUNCED

Dynamic Resources Corp. is in the process of finalizing a joint venture agreement in respect to its 40-per-cent working interest in its Cotton Valley play in Louisiana .

The joint venture partner has agreed to pay 100 per cent of the drilling and associated costs associated with Dynamic's 40-per-cent working interest in the first two wells to be drilled in order to earn a 50-per-cent interest in those wells and the balance of the play.

It is anticipated that the first of two wells will commence drilling by Nov. 15, 2006.

We seek Safe Harbor .

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Oil and Gas Updated

CNQ Symbol "DYRF" - June 12, 2006

Las Vegas, Nevada - Dynamic Resources Corp. (the "Corporation") wishes to provide an update on the three oil and gas projects that the company is currently involved in:

Cooke Ranch Prospect, La Salle County, Texas

Bayshore Exploration L.L.C. has completed a 3-D Seismic Survey over the Cooke Ranch acreage. As a result of the Seismic Survey, two new drilling locations are being surveyed and staked, the Cooke No. 4 and Cooke No. 5 Wells. A drilling rig is scheduled to move in and drill both locations in approximately two weeks.

The initial well, Cooke No. 3 Well, is still flowing 120 BOPD (gross) and producing approximately 150,000CF/D (gross). This is after 6 months of continuous production.

The second well is still being production tested and may be re-fraced to further stimulate the flow rate.

Dynamic holds a 3% W.I. in approximately 8800 acres.

Palo Duro Geochem

Royalty Exploration ("REX") has completed the first phase of interpretation of the data acquired over the Dynamic Palo Duro acreage in Floyd County, US. REX placed over 250 samples over the approximately 4,500 leased acres and used four recently drilled wells in the area for signature models. The geochemical data evaluates approximately 250 different hydrocarbon compounds at part per billion levels. This geochemical technique has proven to be 90% effective in predicting hydrocarbon presence based on over 100 drilled wells worldwide in the last five years. Preliminary indications for the survey over the Dynamic acreage indicates a strong chemical signature for both oil and gas character. Based on the geochemical signature of previously drilled wells in the area, which were used for geochemical modeling, the Dynamic acreage exhibit the same enhanced gas character along with areas that appear to be prospective for oil. The geochemical data is being further evaluated and integrated with the regional geology to select potential drilling targets.

Dynamic holds a 100% W.I. in approximately 4,500 acres.

Cotton Valley Prospect, North Louisiana

This opportunity is within an old field covering eight to eleven sections, generally one well per section. All wells were abandoned in the 1960s or early 1970s except for two wells that were recently shut-in or producing marginally economic. The two existing wells hold (or did hold) 640 acres each. The wells have all produced only from one deep 8,300 foot zone. No other known producing intervals have been produced within the area of interest. Over the last 30 years, shallower production in the area, but not within the field limits, has been established in not less than seven shallower zones.

In the last few years, a couple of large independents and even at least one major have been active and successful in a deeper play within 20 to 30 miles away that could extend into this area of interest.

There are several unproduced log shows in abandoned and existing producing wells that are analogous to more recent area production. Selective infill and step out locations are identified to additionally develop the mostly depleted producing interval, which is about 30 feet thick and has drained about 200 acres to 450 acres per well.

The deeper possible play, which has not been drilled in this area of interest, when successful in nearby fields appears to be producing 5 Bcf to 10 Bcf per completion. The produced zone in the prospect area has cumulative gas generally between 2 Bcf to 11 Bcf per completion, averaging around 4.5 Bcf per well. 45.2 Bcf has been produced from one sand from ten wells. It is possible that infill or step out locations could produce 1 Bcf to 2 Bcf per completion from the mostly depleted and only produced sand in the field. However, it is considered a secondary target.

The shallower zones, from 1,000 feet to 7,800 feet, when successful in areas 20 to 30 miles away, are producing 0.1 Bcf to 2.3 Bcf per completion. The Pettit-Rodessa from 4,300 feet to 5,000 feet, Hosston and the many unproduced Cotton Valley sands below 8,300 feet are primary targets. Total remaining reserve potential is estimated to be 146 Bcf from a total of 40 to 80 wells, developed one well per 80 acres. Dynamic currently holds a 50% W.I. in approximately 4,500 acres. Additional acreage is still being acquired.

For further information, please contact:

Robert Fedun, President and Director
Direct: 702-743-1343
Fax: 702-869-9832
E-mail: robertfedun@dynamicresourcescorp.com
Website: www.dynamicresourcescorp.com

Forward Looking Statements:

Statements made in this news release that relate to future plans, expectations, events or performances are forwardlooking statements. Such statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.

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Dynamic Resources Corp. has entered into a 50/50 joint venture acquisition agreement with Tyner Resources Ltd. through its wholly owned subsidiary, Tyner Texas Operating Company, to acquire an acreage position in a producing field in northeast Louisiana. The opportunity is within Bossier county, Louisiana, covering four to 10 sections, in a field where two wells currently produce from a single 8,300-foot zone. Of particular interest is the shallower production in the area, which has been established in not less than seven zones, but has never been evaluated within the target acreage. Of further interest is the potential of the Smackover sands which have been active and successful within 10 to 20 miles of the acreage and potentially could extend into the joint venture's area of interest. The deeper unproduced Cotton Valley sands below 8,300 feet and the Hosston sands from 4,300 feet to 5,000 feet are also primary targets. Based on an independent assessment of existing production and well logs the total remaining reserve potential may be approximately 150 billion cubic feet from a total of 40 to 80 wells, at one well per 80 acres.

Dynamic and Tyner Texas have paid an upfront prospect fee for costs incurred to date of $50,000 (U.S.) and will pay a $20 (U.S.) per acre fee to Sierra Pine Resources International (SPRI) for all leasehold, mineral interests or contractual rights acquired by SPRI within the prospect area. To date, approximately 2,500 acres of a prospective 6,000 acres have been leased or farmed in, with bonus payments on the leases of an average of $175 per acre for a three-year term. On the farm-in acreage, the joint venture has an obligation to drill a well within the first year to earn the acreage. The joint venture is currently assessing drilling rig availability for a September, 2006, spud date. If either Tyner Texas or Dynamic as parties to the joint venture, default on any payment, the non-defaulting party will assume the defaulting parties 50-per-cent interest in the prospect for the payment of half of that parties cost outlay.

The corporation also wishes to announce that it has been advised by the operator that it is currently production testing the Cartwright No. 1 well, which offsets the Cook No. 3 flowing oil/gas well in La Salle county in Texas. Further results will be released when they are received.

The corporation recently issued options to a consultant that will entitle him to subscribe for 300,000 common shares a price of 16 cents per share until April 17, 2011.

We seek Safe Harbor.

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Private Placement Closes

CNQ Symbol "DYRF" - March 22, 2006

Las Vegas, Nevada - Dynamic Resources Corp. (the "Corporation") wishes to announce that it has closed its previously announced non-brokered private placement of 3,043,967 units at $0.15 cents per unit for total proceeds of $456,595, has been completed. Each Unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one common share for $0.20 per share for a period of two years from closing. Finders fees of $40,384.50 were paid to brokers who assisted the Company in raising funds. In addition, 304,397 finder's warrants were issued, each entitling the holder to subscribe for a Unit for $0.15 for a 2 year period from closing.

Proceeds will be used for the acquisition of additional acreage in the Cotton Valley, North Louisiana gas play where multiple zones will be evaluated, and also for general working capital.

For further information, please contact:

Robert Fedun, President and Director
Direct: 702-743-1343
Fax: 702-869-9832
E-mail: robertfedun@dynamicresourcescorp.com
Website: www.dynamicresourcescorp.com

Forward Looking Statements:

Statements made in this news release that relate to future plans, expectations, events or performances are forward-looking statements. Such statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements

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Dynamic Resources buys 2,221 acres in Palo Duro basin

2006-02-24 11:07 ET

News Release

Mr. Robert Fedun reports

DYNAMIC RESOURCES CORP.: ADDITIONAL EXPLORATION LANDS ACQUIRED

Dynamic Resources Corp. has acquired an additional 2,221 net acres in the Palo Duro basin in Floyd and Motley counties, Texas. Total acquisition costs were $277,680 (U.S.) and the issuance of 2.5 million shares, subject to regulatory approval.

The company now has a 100-per-cent working interest and a 75-per-cent net revenue interest in 4,500 acres in the Palo Duro basin as well as a 3-per-cent working interest in an additional 8,840 acres located in and around Cook county, Texas.

Dynamic intends to explore oil and gas targets in the Pennsylvanian age shale sections which are similar to the Barnet shales. To identify drilling targets, Dynamic has partnered with Royalty Exploration from Houston, Tex., in this project to begin immediate geochemical evaluation of this area. Royalty Exploration has extensive experience in geochemical evaluation and will provide a critical layer of analytical data, mapping the probability of hydrocarbon accumulations located within the trend. Geochemical evaluation is scheduled to be completed by the end of April. This information combined with the data already gathered from previously drilled wells will help reduce risk and improve success rates for Dynamic by bringing greater definition to underground conditions.

We seek Safe Harbor.

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Dynamic Resources to raise $400,000; drills Texas well

2006-02-14 15:53 ET

News Release

Mr. Robert Fedun reports

DRILLING UPDATE AND PRIVATE PLACEMENT ANNOUNCED

Dynamic Resources Corp.'s Cartwright No. 1 well in La Salle county, Texas, has reached total depth of 6,950 feet. This well offsets its previous well, Cooke No. 3, by approximately 1,000 feet.

Schlumberger log analysis indicates an Escondido pay zone between 6,630 to 6,696 feet (66 feet net pay). Based on the log analysis, this well appears to be a duplicate to the Cooke No. 3 well, which is currently producing 160 barrels of 47.1-degree API oil and 250,000 cubic feet of gas from the Escondido formation.

A 4.5-inch production casing is now being run in the well. Once the service rig arrives on site, the operator, Bayshore Exploration LLC, advises that the well will be completed and put on production using the existing facilities. Bayshore has informed Dynamic Resources that the drilling of three additional wells will commence in April, 2006. The corporation's working interest is 3 per cent in approximately 8,840 acres.

The corporation is also undertaking a non-brokered private placement of $400,000. The private placement will consist of 2,666,667 units at 15 cents, with each unit comprising one share and one two-year warrant exercisable at 20 cents. Proceeds will be used to complete the acquisition of additional acreage in the Palo Duro basin in Texas and for general working capital.

We seek Safe Harbor.

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Dynamic Resources spuds Cartwright No. 1; drills on

2006-02-08 10:55 ET

News Release

Mr. Robert Fedun reports

DRILLING UPDATE

Dynamic Resources Corp.'s Cartwright No. 1 well in La Salle county, Texas, was spudded on Feb. 1, 2006. The well is currently at a depth of 4,700 feet and drilling ahead. This well offsets the previous well, Cooke No. 3, by approximately 1,000 feet.

The operator, Bayshore Exploration LLC, expects to reach total depth of 6,800 feet by this weekend. Two different zones will be looked at, the first being the Wilcox and the second being the Escondito.

The initial well is currently producing 160 barrels of 47.1-degree API (American Petroleum Institute) quality oil and 250,000 cubic feet of gas from the Escondito formation.

The corporation's working interest is 3 per cent in approximately 8,840 acres. The operator is still looking at a 10-well development drilling program for the year 2006.

We seek Safe Harbor.

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Dynamic to raise $750,000 for Texas gas play

2005-11-10 15:14 ET - News Release

Mr. Robert Fedun reports

Dynamic Resources Corp. has arranged a non-brokered private placement of up to five million units at 15 cents per unit for total proceeds of $750,000.

Each unit will consist of one common share and one common share purchase warrant exercisable at 20 cents per share for a period of two years from closing.

Part of the proceeds of this private placement will be used to acquire land in an emerging natural gas play in the Palo Duro basin in West Texas, where in the past several months numerous wells have been drilled, and also for general working capital. Upon acquisition of these properties, it is the intent of the company to drill the properties in the early part of 2006, based on the availability of a drilling rig.

We seek Safe Harbor.

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Dynamic Resources raises $832,500 privately

2005-11-28 13:26 ET - News Release

Mr. Robert Fedun reports

Dynamic Resources Corp.'s previously announced non-brokered private placement of five million units, at 15 cents, for total proceeds of $832,500, has been completed. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one common share, for 20 cents per share, for a period of two years from closing. Finders' fees of $83,000 were paid to brokers in Canada and the United States, who assisted the company in raising funds.

The company also wishes to confirm that a total of 1,600 acres of prime leases have been acquired in the Palo Duro basin in Western Texas. The company is acquiring additional properties in this area which are currently under review.

The land acquired is approximately 1.5 miles from the recently drilled Miller No. 1 well, the results of which have not yet been publicly announced.

We seek Safe Harbor.

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Dynamic well produces 180 bpd oil and 250 cft gas

2005-11-29 16:00 ET - News Release

Mr. Robert Fedun reports

Dynamic Resources Corp.'s well, drilled in Lasalle county, West Texas, has now been successfully completed and tested in the Escondito Formation. In the past week, the well had a sustained flow rate of 180 barrels of oil per day and 250,000 cubic feet of gas, and has been classified as a new oil field discovery. The current flowing pressure is 900 pounds per square inch through a 14-by-64-inch choke. By participating in the first well, Dynamic has earned an interest in an additional 8,840 acres. Dynamic's working interest is 3 per cent in this well. The operator, Bayshore Energy, is currently securing the services of a drilling contractor, whereby a step-out well will be drilled in the first week of January, 2006. Assuming the step-out well is successful, the operator is planning a 10-well drill program for 2006.

We seek Safe Harbor.

Click here to SEDAR Interim Financial Statements

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Dynamic Resources grants 17-cent stock options

2005-12-06 10:27 ET - Options Proposed

Mr. Robert Fedun reports

OPTIONS GRANTED

Dynamic Resources Corp. has issued 100,000 options to a consultant. Each option entitles the holder to acquire one common share of the corporation for a period of five years at a price of 17 cents per share.

We seek Safe Harbor.

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ADVISORY COMMITTEE ANNOUNCED

2006-01-04 14:08 ET - News Release

Mr. Robert Fedun reports

Dynamic Resources Corp. has recently appointed two members to its advisory board. Keith Phipps and Mike Newport's main objective will be to help the corporation identify potential oil/gas targets throughout the United States. Once identified, potential leases will be acquired and drill targets selected.

Mr. Newport, CPL, has been actively involved in land management for 28 years. He started his career with Amoco in its New Orleans office where he spent two years. He was actively involved in supervising brokers and writing all forms of land contracts for north and south Louisiana, Mississippi, Alabama and Florida. He then became a district landman for Harkins & Co. in its Jackson, Miss., and Oklahoma City offices where he spent eight years assembling drilling prospects and all land activities associated with operations in Mississippi, Alabama, Florida, Louisiana, Oklahoma and Arkansas. Mr. Newport then joined Greenhill Petroleum in Houston for six years where he was the land manager for the company's Permian basin region. In addition to land management activities, Mr. Newport was responsible for acquisitions and divestitures. After leaving Greenhill, Mr. Newport spent the last 12 years managing brokers for West Texas, south Texas, east Texas, Oklahoma and north Louisiana. Mr. Newport received a BBA in finance, PLM and MBA degrees from the University of Oklahoma.

Mr. Phipps graduated from Texas Wesleyan University in 1979 with a degree in chemistry. Prior to graduation, Mr. Phipps was employed by the Western Company of North America, a service company in the oil exploration industry. He worked various job functions in drilling, completions and workovers for oil and gas exploration throughout the Texas gulf coast and Rocky Mountains until 1986. For the next 12 years, Mr. Phipps worked for Nalco Chemical and Baker Petrolite in well completion engineering and refining. Since 1998, Mr. Phipps was employed as the director of geochemical exploration for North and South America at W.L. Gore and Associates. In addition to other business, W.L. Gore and Associates provides geochemical surveys for oil and gas exploration. The technology Mr. Phipps managed provides imaging of potential oil and gas accumulations with 90-per-cent accuracy based on drilled results when used in conjunction with current geological and geophysical methods of exploration. Currently, Mr. Phipps is providing consulting services for exploration companies seeking to use geochemistry to reduce exploration risk and increase drilling success for oil and gas exploration.

We seek Safe Harbor.

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