SOURCE: Dynamic Resources Corp.

April 30, 2007 16:32 ET

Dynamic Resources Corp.: Louisiana Project Update

LAS VEGAS, NV -- (MARKET WIRE) -- April 30, 2007 -- Dynamic Resources Corp. (PINKSHEETS: DYRFF) (the "Company" or "Dynamic") wishes to summarize its activities with reference to its two wells that were drilled in Bossier Parish, Louisiana. Both wells were drilled and cased in the first quarter of 2007, and are being treated as successful gas wells waiting completion.

Numerous problems were encountered while drilling the first well, Atkins Lincoln 18-1, which were associated with the drilling rig and associated equipment and which extended the total drilling time by two weeks. These problems were avoided through the use of a newer drilling rig and more experienced crew for the second well.

After the first two wells were drilled and cased, an engineering study and evaluation was initiated whereby the logs are to be compared to previously drilled wells in the immediate area. This engineering report is still in progress. Design work and decisions have been made to determine the best method of completing these two wells which will require frac stimulation.

Before we can complete the wells they need to be connected to an available flow line in order to immediately sell the gas. One alternative was to make the connection to an existing facility that is owned and operated by a local operator. The local operator produces a nearby well from a zone that is not one of our confirmed objective zones. Their wells have been producing since the early 1950s. We have been unable to reach an agreement that would be beneficial to us.

Consequently an alternate decision was made, whereby a line will be constructed and connected directly to the main sales line. Although requiring more up front capital, this decision will be financially very beneficial on an ongoing basis and will allow us to continue to plan more confidently. This has led to delays of four to eight weeks. The line will require two miles of pipe to get to the sales point. We have been in the process of obtaining pipeline right of ways in this area, which is sensitive due to the proximity of residential development. We also have two bayou crossings that require approval from the local levy board. We have verbal approval from the levy board whereby we can commence construction. Excavating should commence this week in order that flow lines and connections can be made.

Once the flow lines are near completion, a service rig and frac units will be on lease to do the work to do the necessary completions. A gas sales contract is in place.

Also as soon as these two wells are on production or before, drilling will commence on the next three wells, all at varying depths which may result in the utilization of three different drilling rigs.

The operator, Southern Star Energy, has been running an economical and efficient operation even though they were faced with numerous challenges along the way.

Dynamic and its partners currently have approximately 5300 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. The working interest partners in this prospect area are as follows: Southern Star Energy Inc. -- 40 per cent, Ramshorn Investments Inc. -- 40 per cent and Dynamic -- 20 per cent.

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. Such forward-looking statements include, among others, the estimation, expectation and/or claim, as applicable, that: (i) 6.3 Bcfe has been developed, based on 160 drainable acres per well, (ii) 29.1 Bcfe is thought to be proven in three to six different zones by the drilling of the two new wells between four old wells drilled in the 1950s; (iii) the two wells will be completed to production sales in Q2, 2007; (iv) the company will develop a 10 well drilling program that it intends to initiate after successful completion of the first two wells; (v) the 10 well drilling program will be designed to prove out the prospect and quickly initiate production for the company; (vi) with continued successful evaluation drilling, the company plans to develop the leased acreage with at least one well per 160 acres; and (vii) analog fields are being economically developed with at least one well per 80 acres.

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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