Dynamic Resources Corp. Announces Sentell Field Update -- Latest Well Finds and Logs Haynesville Shale Formation

• Press Release
• Source: Dynamic Resources Corp.
• On 4:42 pm EST, Wednesday December 3, 2008

LAS VEGAS, NV--(MARKET WIRE)--Dec 3, 2008 -- Dynamic Resources Corp. ("Dynamic" or the "Company") (Other OTC:DYRFF.PK - News) (CNQ Symbol "DYR") has been informed by the operator of its Sentell Field project that it has successfully drilled and logged the targeted Haynesville interval in its Burt 20-1 well, with positive results. This well is strategically located in the southwest section of the Company's Sentell Field in Bossier Parish, Louisiana. As previously announced, the well successfully encountered its targeted Cotton Valley interval in this location before the Company drilled ahead to further evaluate its Haynesville potential. The Burt 20-1 well reached a total depth of 11,220 feet on November 27, 2008. This is the third well in the Company's 2008 development program, and the second of two Haynesville Shale vertical test wells in the Sentell Field planned this year.

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Wireline logging and mud log shows indicate the Burt 20-1 well encountered 312 feet of highly laminated, silty, and naturally fractured Haynesville Shale with shale-corrected porosity indications averaging over 12 percent and resistivity readings ranging between 20 and 70 ohm-meters. Mud logs indicated abundant gas shows throughout the interval, ranging from 600 to 1800 units with trip gas as high as 3,800 units. The Company recovered over 120' of conventional core samples over key intervals within the Haynesville Shale, which have been sent to Houston for detailed analysis.

The results of the Burt 20-1 location are consistent with the Company's earlier Cotton Valley locations, as well as the successful Haynesville test previously announced at the Atkins-Lincoln 17-2 location. The Company will use the results from its two successful Haynesville tests, together with available industry expertise, to evaluate and design optimal completion techniques.

The Burt 20-1 is the Company's eighth consecutive successful Cotton Valley well in the Sentell Field, and the second well to positively evaluate the Haynesville Shale. Each of the Company's eight Cotton Valley wells has similar log characteristics, and five of these wells are currently flowing into sales lines. The sixth well is awaiting a pipeline connection. Both the Burt 20-1 and the Atkins-Lincoln 17-2 will be completed in the Haynesville Shale, pending thorough analysis and completion design.

The Company has moved the drilling rig and spud the fourth well in the 2008 development program, the Moore 20-1. This well is being drilled directionally from the same surface location as the Burt 20-1 and is targeting the Cotton Valley interval.

Robert Fedun, President and Chief Executive Officer, said: "The results to date from the Burt 20-1 Well confirm earlier evidence that the Sentell Field is right in the middle of the Haynesville play. The new Haynesville well discoveries at both the Burt 20-1 and Atkins-Lincoln 17-2 locations should be additive to our reserve base. We will release initial production rate information once we have completed the extensive analytical work required at both of our Haynesville locations and brought them onto production.

"We, together with our partners, are evaluating the implications of these new discoveries on our total financial position, capital budget, drilling program, and strategic growth plans, given that we demonstrated further evidence of the quality and viability of our Haynesville position. The Cotton Valley trend and Haynesville Shale plays enjoy compelling well economics, as a result of excellent well productivity and favorable regional pricing differentials, among other factors. Both plays lie within our existing Sentell Field acreage, strategically positioning our Company for building shareholder value even in challenging market conditions. We remain positive in our outlook in moving Dynamic forward."

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 eight successful tests of the Cotton Valley sands, five of which are connected to the market and producing revenues, with a sixth expected to produce revenue in the fourth quarter of 2008. Completion options are currently being evaluated for the seventh and eighth well, which 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

     For further information, please contact:
     Robert Fedun
     President and CEO
     Robertfedun@dynamicresourcescorp.com
     Website: http://www.dynamicresourcescorp.com