SOURCE: Dynamic Resources Corp.

September 15, 2008 13:39 ET

Dynamic Resources Corp. Announces Sentell Field Update -- New Well Discovery; Company Moves Rig to Drill First of Two Haynesville/Lower Bossier Shale Test Wells

LAS VEGAS, NV--(Marketwire - September 15, 2008) - Dynamic Resources Corp. ("Dynamic" or the "Company") (PINKSHEETS: DYRFF) (CNQ: DYRF) Dynamic 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 August 27, 2008. This well is located in the southern section of the Company's Sentell Field in Bossier Parish, 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. 5 1/2 inch production casing 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 Well 17-2, the Company's first Haynesville vertical test well, strategically located in the center 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: "Overall, 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% working interest in approximately 5,300 acres in the Sentell Field, located in the heart of the known Cotton Valley trend north of Shreveport, Laouisiana. 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.

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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