. . . Dynamic Resources Corporation Knowledge BackboneSM

IDEFActivity NameActivity Description
00Vision Statement:"Locating Replenishing Reserves"
0Mission Statement:"Dynamic Resources Corporation Manages, Acquires, and Enhances Hydrocarbon Resource Assets using extensive experience and state-of-the-art technologies to create wealth for NetWork participants and to have fun."
1Manage AssetsDynamic provides controls, manages financial resources, provides on-line infrastructure for technology teams and exploration teams, and orchestrates appropriate leadership.
1.1Provide ControlsDynamic's Vision, Mission, Strategy, and Budget are focused to create an informed NetWork, which is always in a mode of continuous improvement.
1.1.1Establish Vision and Mission
1.1.2Set Strategy
1.1.3Set Budget
1.1.4Manage Organization's Culture and Provide NetWork Training
1.1.5Manage Regulations
1.1.6Analyze Performance
1.2Manage Financial ResourcesThe Prospect Machine is geared to make sure Investors are on-line in order to always have access to the latest status of AMI investments.
1.2.1Manage Outside Financing
1.2.2Manage Funds
1.2.3Manage Investor Relations
1.3Provide InfrastructurePeople and experience truly are Dynamic's greatest asset. State-of-the-art technology and information are organized and distributed to enable people with experience to optimally explore.
1.3.1Manage Human Resources
1.3.2Acquire and Manage Technology
1.3.3Establish Corporate Structure
1.3.4Manage Information
1.3.5Manage Physical Assets
1.4Manage RelationshipsLong experience in the oil industry has allowed members of the Dynamic Professional NetWork to know who is good, to develop trusting relationships, and to create a truly unique trusting bond with deep loyalty.
1.4.1Identify Potential Relationships
1.4.2Form Technology Team Relationships
1.4.3Form Exploration Team Relationships
1.4.4Maintain Team Relationships
1.5Provide LeadershipNetWork Members have experienced the extremes of success and failure, ever learning, becoming Leaders who know how to fix a "broken wagon."
1.5.1Identify Need For Leadership
1.5.2Provide Direction
1.5.3Improve Alignment
1.5.4Motivate Staff
2Acquire AssetsLeases and Overriding-Royalty Interest are the key assets Dynamic will acquire. In addition, technologies that will enhance the productivity of Exploration Teams will also be acquired.
2.1Identify Acquisition OpportunityIt is critical to ongoing success that members of the NetWork are comfortable and secure with sharing their exploration ideas and that they receive reasonable compensation for exposing their ideas.
2.1.1Inquire of Dynamic Professional NetWork
2.1.2Search Publications and the WWW
2.1.3Entertain Unsolicited Proposal
2.1.4Advertise for Opportunity
2.2Quantify AcquisitionA key competitive advantage of Dyanmic is the ability to quickly quantify CLPs and assets, unexpected potential, and previously unrecongized potential, allowing quantification of the the impact of an acquisition on the portfolio, and well as quantification of liabilities.
2.2.1Quantify Existing CLPs and Assets
2.2.2Quantify Unexploited Potential
2.2.3Quantify Previously Unrecognized Potential
2.2.4Quantify Impact of Acquisition on Existing Assets
2.2.5Quantify Liabilities
2.3Evaluate Economics of AcquisitionRevenue Streams, Capital Cost Streams, Operating Cost Streams, Liabilities, all provide data which allows economic indicators to quantify the value of an acquisition.
2.3.1Generate Revenue Streams
2.3.2Generate Capital Cost Streams
2.3.3Generate Operating Cost Streams
2.3.4Evaluate Liabilities
2.3.5Generate Economic Indicators
2.4Select AcquisitionThe Dynamic Prospect Machine generated 350 Leads in the first partial month of operation: April of 2001. It is critical to have ranking criteria, to rank acquisition opportunities, to select the optimum combination of opportunities, and then to select the CLPs to acquire and persue.
2.4.1Determine Ranking Criteria
2.4.2Rank Opportunities
2.4.3Select Optimum Combination of Opportunities
2.4.4Select CLPs to Acquire
2.5.1Negotiate Best Possible Terms for Acquisition
2.5.2Transfer Asset
3Enhance AssetsMany members of the Dynamic Professional NetWork are explorers. The strength is in thousands of man years looking for hydrocarbons in every corner of the globe, understanding what data is needed and how to manage it, how to asses a strategic fit, politcial and engineering uncertainty in order to optimally develop a risked Prospect Model with well defined economic indicators.
3.1Manage DataDynamic is not burdened with legacy data. Yet Dynamic has developed ways to index legacy data so it can easily be quantitatively incorporated into an exploration program. This same process allows indexing of regional, play fairway, and prospect data.
3.1.1Acquire Data
3.1.2Manage Legacy Data
3.1.3Manage Regional Data
3.1.4Manage Play Fairway Data
3.1.5Manage Prospect Data
3.2Assess Strategic FitOil Companies have cut too deep in their their technology staffs, and there is not generally an ability to provide a regional context to exploration programs. Dynamic is set up to provide the regional context as well as to package and sell this context as a Regional Study.
3.2.1Interpret Regional Data
3.2.2Evaluate Regional Economics
3.2.3Package and Sell Concepts as a Regional Study
3.3Determine Political & Engineering UncertaintyDynamic's first AOI (Area of Interest) is the Gulf Coast of the USA, and except for EPA Regulations, there is little political uncertainty. Similarly, initial exploration is where there is already production, and so engineering uncertainty is also minimal. However, the NetWork will be packaging Play Fairway Studies, tieing together all of the available legacy data with state-of-the-art new technolgies to provide oil company partners with a detailed context for various Play Fairways.
3.3.1Determine Risk of the Play Fairway Geologic Model
3.3.2Evaluate Play Fairway Economics
3.3.3Package and Sell Leads as Play Fairway Study
3.4Develop Risked Prospect ModelDrill bits need to be guided by the best data, information, technology, and experience available. Dynamic is packaging people who love to explore with proven, albeit new, technologies in order to maximize drilling success based on risked prospect models.
3.4.1Calculate Prospect Area, Thickness, Porosity, Water Saturation, and Drive Mechanism
3.4.2Calcualte Prospect Volumes, Formation Volume Factor, Recovery Efficiency, and whether gas or oil
3.4.3Define Migration Pathway
3.5Define Prospect Economic IndicatorsRanking Prospects based on production forcasts, operating and capital expense pro formas, and economic measures which help quantify the proability of creating value will create sellable Prospect Packages.
3.5.1Estimate Production Forecast
3.5.2Estimate Operating and Capital Expense
3.5.3Calcuate Economic Measures and Proability of Creating Value
3.5.4Package and Sell Prospect

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Dynamic Resources Corporation, P.O. Box 382, Barker, TX 77413-0382
- 281.579.0172 - facsimile: 281.579.2141 - cell: 713.542.2207 -
- URL: http://www.walden3d.com/dynamic * e-mail: dynamic@walden3d.com -