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Dynamic Resources Corp.: Sentell Field Update
Thursday July 3, 2:44 pm ET
LAS VEGAS, NEVADA--(Marketwire - July 3, 2008) - Dynamic Resources Corp. ("Dynamic")(CNQ:DYRF)(PINK SHEETS:DYRFF - News) Dynamic has been informed by the operator of its Sentell Field project that a 10 well drilling program will commence in August that will start by drilling two Cotton Valley wells. The first vertical Haynesville Shale test well will then be drilled. A technical evaluation is planned once the drilling of the Haynesville well is completed. The partners in this play plan to convert the proved undeveloped Cotton Valley acreage into cash flow by continuing with the 2008/2009 drilling program. The vertical Haynesville Shale test well will be drilled to a depth of approximately 12,500 feet. Numerous companies, such as Chesapeake Energy Corp., EnCana Corporation and Petrohawk Energy Ltd. continue to report successful drilling of Haynesville Shale wells in the area with flow rates ranging from 5 to 15 million mcf/d with flowing casing pressures of up to 5000 psi.
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http://www.dynamicresourcescorp.com/index.htm Dynamic to finish drilling fifth Sentell well next week 2008-06-04 11:55 ET - News Release Mr. Robert Fedun reports Four of the five wells drilled to the Cotton Valley formation in Dynamic Resources Corp.'s Sentell field in Bossier Parish, Louisiana, are currently flowing to sales. Final completion and hook-up activities are in progress on the fifth well and are expected to be finished within the next week. Dynamic owns a 20-per-cent interest in each of these wells. Dynamic also announced that it has formed an advisory board, on which it will ask qualified and experienced individual to sit, for the purpose of providing the company with operational and strategic advice as both its corporate strategy and development program progress. Dynamic is pleased that James Robby Robson and Timothy Jurek have agreed to join the advisory board as its initial members. Mr. Robson, of McKinney, Tex., was the founder of Pontotoc Production Company, a privately owned oil and gas company which completed a merger in 1997 to form Pontotoc Production Inc., a Nasdaq Stock Market-listed oil and gas company. That company was subsequently sold in 2001. Mr. Robson was the president and chief executive officer of the public company. Mr. Jurek, of Tulsa, Okla., has an engineering degree from the United States Military Academy at West Point and 30 years experience in the natural gas industry, with particular emphasis on start-ups, acquisitions and operations. In 1981, he formed Western States Gas Company, the first of nine natural gas gathering, marketing and production companies which Mr. Juric founded and operated between 1981 and present. Mr. Juric has served as a director and officer of a number of gas gathering and production companies, and is currently president of Pontotoc Gathering. Dynamic has granted a total of 750,000 options to Mr. Robson and Mr. Jurek, exercisable at 12 cents for a period of five years. Dynamic Resources Spuds Fifth Well In Louisiana 2008-04-01 14:04 ET - News Release Mr. Robert Fedun reports Dynamic Resources Corp. has drilled its fifth successful Cotton Valley test in its Sentell field development program in the Bossier parish of Louisiana. The latest well, the Atkins-Lincoln 17-1, reached its planned total depth of 9,500 feet on March 30, 2008. According to the operator, open-hole logging and formation-testing information indicates approximately 75 to 90 feet of net effective gas pay in the Cotton Valley interval. The well is currently being prepared to run 5.5-inch production casing to total depth. With this successful test, Dynamic continues its string of 100-per-cent success rate in the Cotton Valley. It has completed three wells which are producing to market and anticipates completing the fourth well during the month of April. Completion operations are expected to commence expeditiously upon release of the drilling rig and scheduling of a completion rig and stimulation services. First production from the Atkins-Lincoln 17-1 well is expected by early May. Dynamic owns a 20-per-cent interest in each of these wells. We seek Safe Harbor.
http://stockreportcard.com/pdf/haynesville_shale_jp_morgan_analysis.pdf
**************************************************************** from an email: Dynamic Resources OTCBB: DYRFF has experienced a 100% success rate in the drilling of 5 natural gas wells in North Louisiana, in a field of approximately 5,600 acres that they have lease holds on. This property just happens to be almost centered in a bigger area that JP Morgan issued an aggressive report (read report) on regarding finding possibly the largest reserves of natural gas in North America. The acreage cost has increased in this area by more than 40 times in the past year since Dynamic bought their lease holds because of the success rate that has been achieved recently in finding successful, producing, natural-gas wells on this property. This is no longer an issue of - 'is there is gas in the ground'. This is an issue of how fast they can put holes in the ground and pull the gas out. This is a revenue producing company and should be up to $250,000 per month in revenue by June 2008, with a plan to drill 10 more wells and increase revenue to approximately $800,000 per month or more than $9,000,000 per year. No one really knows much about this company. Please go to our website and learn more. I feel there is very little downside risk on this stock. Take a look at the JP Morgan report. Yes, it is about other larger companies. But- the key here is everything that is said, centers on companies that have leaseholds in the property of question and Dynamic is centered right on this property. DYRFF has drilled 5 successful wells in a row. You just do not get a much better natural resources play than this! Integrated Capital Partners, Inc. stockreportcard.com
