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[Penny Stocks 2.0]

HUGE NEWS KING(.0014)MERGES with Cressent Energy....King Resources (KING) Completed Merger with Cressent Energy Henderson, NV (MMD Newswire) December 6, 2010 -- King Resources, Inc. (KING; king-resources.com) has completed merger with US-based oil and gas company Cressent Energy (http://www.cressentenergy.com/).

Further to the press release from November 30, 2010 , the merger negotiations between the two companies has come to a quick resolution. King Resources saw Cressent Energy's vast potential and acted on it. From this point on, the KING management looks forward to raise shareholder value and grow in its market niche.

King Resources is an independent exploration and production company engaged in the acquisition, drilling and production of oil and natural gas in the United States and overseas. KING is pleased to have a subsidiary in the same industry, and foresees these companies working seamlessly together.

Both companies are pleased with this match and will update the investor public with more news as it becomes available.

http://www.mmdnewswire.com/king-resources-king-completed-merger-with-cressent-energy-14070.html