SOURCE: Dynamic Resources Corp.

February 17, 2009 15:56 ET

Dynamic Resources Announces Sentell Field Update -- Ninth Successful Well

LAS VEGAS, NV--(Marketwire - February 17, 2009) - Dynamic Resources Corp. ("Dynamic" or the "Company") -- Dynamic Resources Corp. (PINKSHEETS: DYRFF) today announced 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 January 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 February 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 February 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 Mcf. 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% working interest in approximately 5,300 acres in the Sentell Field, located in the heart of the known Cotton Valley trend north of Shreveport, Louisiana. 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 2 more expected to produce revenue in the first quarter of 2009. Completion options are currently being evaluated for the remaining 2 wells, which both successfully tested the Haynesville Shale formation.

Information Regarding Forward-Looking Statements:

This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others: (i) the inherent uncertainties and speculative nature associated with oil and gas exploration; (ii) any number of events or causes which delay or cease exploration and development of Dynamic's property interests such as environmental liabilities, weather, mechanical failures, safety concerns, labour problems and financing problems; (iii) changes in economic conditions, adverse exchange rates and financial markets; (iv) the risk that Dynamic does not execute its business plan; (v) the inability to retain key employees; (vi) changes in the prices of oil and gas; (vii) Dynamic's inability to finance its operations or growth; and (viii) the inability to obtain all necessary government, environmental and regulatory approvals. These forward-looking statements are made as of the date of this news release and Dynamic assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although Dynamic believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in Dynamic's periodic reports filed from time-to-time at www.sedar.com

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