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NORTH LOUISIANA (Sentell Field, Bossier Parish)

Dynamic has a 20% working interest in 5,500 acres in the Sentell Field in Bossier Parish, Louisiana.  Three gas wells are currently on production with the fourth gas well currently being drilled as of March 4, 2008.  The fifth well is planned to commence drilling immediately after the drilling is completed on the fourth well.

PALO DURO BASIN

Dynamic Resources currently has a 100% working interest and a 75% net interest in approximately 2400 acres in the Palo Duro Basin West Texas. The Palo Duro Basin is located approximately 250 miles northwest of the Forth Worth Basin, which is where the Barnett Shale Play exists. The Barnett Shale Play is considered to be one of the largest producing natural gas fields in Texas, estimated to contain 1 trillion cubic feet of recoverable gas. The play in Palo Duro Basin targets Pennsylvanian-aged shales that exist between 7000 to 10000 feet. It is believed that many Geological similarities exist between the Barnett Shale Basin and the Palo Duro Basin Shales.

Schlumberger has indicated that based on certain log information on wells that have been drilled in the area that the potential "gas in place" indicates in excess of 50 billion cubic feet of gas per section.

Dynamic is currently evaluating other prospective leases in the Palo Duro Basin area, with the intent of leasing and eventually drilling prospective targets.

COOK RANCH

Dynamic Resources Corp has earned a 3% working interest and a 2.25% net interest in approximately 8800 acres in the Cook Ranch Acreage located in the La Salle County, Texas by participating in the drilling of the first test well. The deeper zones proved to be non-commercial. However, at approximately 6400 feet, the Escandito Sand was encountered which initially produced approximately 180 barrels of oil per day and 250,000 cubic feet of gas. The gravity of the Oil is 47.1 API.

 

 

 

 
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