DYNAMIC INDUSTRIES,  INC., A LOUISIANA-BASED COMPANY, IS FORMALIZING ITS BUSINESS RELATIONSHIP WITH ASESORIA INTEGRAL INTERNACIONAL, INC. (ASIN),  A MEXICAN COMPANY, TO PURSUE OIL AND GAS BUSINESS IN THE ENGINEERING AND CONSTRUCTION OF LIGHT OFFFSHORE PLATFORMS, JACK-UPS AND OTHER MARINE STRUCTURES TO OPERATE IN THE GULF OF MEXICO FOR PETROLEOS MEXICANOS (PEMEX), THE NATIONAL OIL COMPANY OF MEXICO.

THE POTENTIAL BUSINESS OPPORTUNITIES IN THIS BUSINESS SECTOR IS SIGNIFICANT AS PEMEX WILL REQUIRE IMMEDIATELY A GREAT NUMBER OF LIGHT PLATFORMS AND TECHNICAL RELATED SUPPORT WORK TO OVERCOME AS MUCH AS POSSIBLE THE DECLINE OF OIL PRODUCTION FROM CANTARELL, PEMEX’S BIGGEST OIL FIELD.  THE LIGHT PLATFORMS WILL BE USED IN SMALLER OIL PRODUCTION FIELDS.

THE STATES OF LOUISIANA AND TABASCO SHOULD BENEFIT FROM THESE OIL PRODUCTION PROGRAMS AS THESE PROJECTS WILL NEED ADDITIONAL LABOR, EQUIPMENT AND MATERIALS, YARD CONSTRUCTION FACILITIES AND TECHNICAL SERVICES.   THE TOTAL VALUE OF CONTRACTS FOR THE NEXT THREE YEARS IS ESTIMATED AT $250 MILLION AND WILL REQUIRE DIRECT LABOR SUPPORT OF 300-400 PEOPLE AT PEAK TIMES THAT WILL GENERATE INDIRECT LABOR FOR SUBCONTRACTORS, PROCUREMENT AND TECHNICAL SERVICE PROVIDERS.

A PRESS CONFERENCE WILL BE HELD AT THE LOUISIANA STATE CAPITOL ON JUNE 27 TO SIGN THIS ASSOCIATED AGREEMENT AND WILL BE ATTENDED BY HIGH-LEVEL STATE OFFICIALS AND CONGRESSIONAL DELEGATES FROM THE STATES OF LOUISIANA AND TABASCO, PEMEX OFFICIALS AND CORPORATE EXECUTIVES FROM THE UNITED STATES AND MEXICO TO WITNESS THE SIGNING OF THIS AGREEMENT BETWEEN DYNAMIC INDUSTRIES, INC. AND ASIN.

CONTACT: Shauna Medina

Dynamic Industries, Inc.                                                                                

Voice: 713.781.5510

Fax: 713.715.6678

smedina@dynamicind.com

http://www.dynamicind.com