SOURCE: Dynamic Resources Corp.

November 29, 2006 17:43 ET

Dynamic Resources Corp. Drilling Update

LAS VEGAS, NV -- (MARKET WIRE) -- November 29, 2006 -- Dynamic Resources Corp. (the "Company" or "Dynamic") (PINKSHEETS: DYRFF) (CNQ: DYRF) wishes to announce that the drilling of the first two wells in the Cotton Valley play in Louisiana has commenced today, with the first well being named Atkins-Lincoln 18-1.

Exploration targets include the Paluxy-Hill Sand, Pettet-Crane, and the Rodessa intervals from 4,300 to 5,000 feet. However, the main target is the unproduced Cotton Valley Sands below 8,300 feet.

As previously mentioned in the news release dated October 16, 2006, similar wells in this area have exhibited reserve potential of 10BCF. Also this well has the potential of being completed as an oil and gas producer. Total depth will be approximately 9,950 feet and not 10,000 feet as previously mentioned. Drilling time will be approximately two to three weeks.

The working interest participants in this prospect are as follows: Southern Star Energy Inc., 40%, (previously announced as Big Sky Management Ltd.), Ramshorn Investments, Inc. 40% and Dynamic Resources Corp. 20%. The well is being drilled by Nabours Drilling.

An arms-length finders fee of 600,000 shares is payable with reference to this project.

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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