InvestorsHub Logo
Followers 177
Posts 24595
Boards Moderated 14
Alias Born 04/03/2002

Re: Stephimac post# 2643

Friday, 06/29/2012 9:24:33 PM

Friday, June 29, 2012 9:24:33 PM

Post# of 15432
The new natural resource areas that DDCC is focusing on are in increasing demand. Note the underlined sections of the recent PR below...
---------------------------------------------------------
Double Crown Resources Adds Established Oilfield Service Specialist to Board of Directors

Allen E. Lopez to Facilitate New Projects for Supply of Fracturing Sand to Oil & Gas Drilling Operations


HENDERSON, Nev., April 13, 2012 (GLOBE NEWSWIRE) -- Double Crown Resources, Inc. (OTCBB:DDCC) (hereinafter, "Double Crown") is pleased to announce significant progress in expanding the company's business plan by welcoming Allen E. Lopez to its Board of Directors. In addition to his new position with Double Crown, Mr. Lopez is currently Director of Oilfield Services with M. Nasr Partners of Houston, Texas. M. Nasr Partners is a recognized leader in the supply of vital raw materials for a wide range of industrial and construction companies. Mr. Lopez will work directly with Double Crown's Glenn Soler to establish long-term arrangements for the acquisition, processing and delivery of critical fracturing (frac) sand needed by an increasing number of shale oil and gas drilling operations today.

Typically, a frac-drilling well will require 2,200 tons of a very specific type of fracturing sand. Of the on-shore wells that are currently projected to be drilled in the United States alone, over 90% are expected to need hydraulic fracturing which will require millions of tons of frac sand. Double Crown intends to help meet this need through a special arrangement with Allen E. Lopez and M. Nasr Partners. Profit margins on this business are potentially very high and the demand for frac sand is expected to significantly exceed supply for this decade and the next.

David Figueiredo, President and CEO of Double Crown, stated, "We have been working diligently for months to reach this point where we can enter the important oil and gas supply sector. We feel exceptionally fortunate to have a direct working relationship with Allen E. Lopez and M. Nasr Partners in place now. Mr. Lopez makes another outstanding addition to Double Crown's management team in our efforts to expand our business plan beyond mineral mining. This initial oil and gas project to supply much needed frac sand should give Double Crown positive cash flow in the first half of 2012."

Allen E. Lopez, Director of Oilfield Services with M. Nasr Partners P.C. has partnered with the firm in mixed use master planned development projects over the last 10 years. As former President of Canaan Consulting, he has over two decades of experience which include working for national home builders and international development companies.

At this time, Double Crown also announces that J. Paul Murphy has resigned his position from the Board of Directors. Mr. Murphy will, however, continue to assist the company as President/Director of our subsidiary corporation in Ontario, Canada. Going forward, Mr. Murphy will work to develop plans for our two Canadian mineral mining properties, cultivate new sources of project funding and help promote Double Crown's exposure in the equity markets.

About Double Crown Resources, Inc.

Double Crown Resources, Inc. is a natural resource exploration and development company holding a 100% interest in the McNab molybdenum property located in Southwest, British Columbia, Canada and the Bateman gold & nickel prospect near Thunder Bay, Ontario, Canada. In addition, Double Crown is targeting new properties that have the potential for early positive cash flow. Double Crown is presently reviewing a number of natural resource properties that are near to, or in production, located in North, South and Latin America. Double Crown Resources, Inc., originally founded in 2006, is based in Henderson, NV.

For more information, please visit: http://www.doublecrownresources.com/

Forward-Looking Statements

You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about Double Crown Resources, Inc., please refer to its website at http://www.doublecrownresources.com/



CONTACT: Double Crown Resources, Inc.
David Figueiredo, President/CEO
2312 Green Valley Parkway, Suite 1026
Henderson, Nevada 89014
Phone: (707) 961-6016
Email: info@doublecrownresources.com

Investor Relations
Interactive Business Alliance, LLC
Tommy Hays
Phone: (866) 525-4714
Email: info@ibaconsultingllc.com

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.