SOURCE: Dynamic Resources Corp.

January 17, 2007 12:32 ET

Dynamic Resources Corp. Announces Drilling Update

LAS VEGAS, NV -- (MARKET WIRE) -- January 17, 2007 -- Dynamic Resources Corp. (the "Company" or "Dynamic") (PINKSHEETS: DYRFF) (CNQ: DYRF) wishes to update the current status of the Atkins-Lincoln 18-1 well that was previously announced in the news release dated November 11, 2006.

Southern Star Energy, the operator of the well, has informed Dynamic that this first evaluation well of this program in Bosser Parish, Louisiana, 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 mudlog 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 ten 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 leased acreage with at least one well per 160 acres, potentially leading to more than a thirty 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 (3) million cubic feet of gas per day per well.

The working interest partners in this prospect area are as follows: Southern Star Energy Inc. - 40 percent, Ramshorn Investments Inc. - 40 percent and Dynamic - 20 percent.

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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