Double Crown Resources Exhibits at Midland Energy Expo, Meets with Major Oil Industry Customers on Finalizing Contracts
14 April 2014 - 10:00PM
Business Wire
New Presentation Available on High Grade Barite Source from
China
Apr. 14, 2014 -- Double Crown Resources, Inc. (OTCQB: DDCC), a
fully reporting company, (hereinafter, "Double
Crown"), is exhibiting this week at Midland Energy
Expo held in The Horseshoe Arena of Midland, Texas.
Sponsored by The Permian Basin Petroleum Association, Midland
Energy Expo runs on April 14th & 15th featuring
important oil industry companies coming together to present their
latest products, services and technology innovations as well
as network with industry colleagues for mutual
commercial interest. Double Crown management will also be
meeting with representatives of several major petroleum industry
companies while at this event to help finalize high
value contracts that are currently in late stage development.
Double Crown's exhibit can be found in booth 216
at this exposition. Interested persons are invited to
visit and meet with Double Crown officers to discuss all of the
oilfield supply and support products and services we offer and
learn first-hand about our latest company developments,
assets, products, logistical capabilities and future plans. Be
sure to check Midland Energy Expo's website for public access
times: (http://www.midlandenergyexpo.com/).
Recently, Double Crown announced the signing of an 8
year Master Purchase Agreement for high grade barite from a
strategic mineral mining company in China. This valuable new
product source is JS Mining Group Company, Ltd.
(http://www.jsky.cc/). A detailed photo/slide
presentation provided by JS Mining Group Company
outlining their properties, mineral assets and operations is now
available on the Double Crown website at this direct link:
http://www.doublecrownresources.com/component/content/article/8-site-pages/48-china-photos.html.
In total, JS Mining Group Company has 6 separate mines for high
grade barite and reports they have a total capacity of at
least 7,000,000 metric tons of raw mineral product.
Logistical planning is currently being made for the shipments from
China of 30,000 metric tons of high grade barite per month,
commencing after a contract is signed (market value
approximately $5.5 million per monthly shipment). This shipment
schedule is being planned specifically
for a long-term oilfield service contract with a
major petroleum drilling company. The customer for this sale
of high grade barite, with whom we hope to execute a finalized
contract, will be meeting with our company officers at
Midland Energy Expo this week.
Double Crown President Allen E. Lopez stated, "I am very much
looking forward to being at Midland Energy Expo and
presenting all that our quickly growing company can offer
to petroleum drilling customers on every level. We elected to
exhibit at this industry event because of its specific focus on
drilling operations in the Permian Basin which, like all the
shale oil regions, holds such great potential for the
future's sustainable energy production. Our worldwide range of
top quality oilfield proppant minerals and related
products combined with the strategic alliances we now have in
place for material processing and delivery to both on-shore and
off-shore drillers has made Double Crown Resources into a best
choice solution provider. We can significantly help any
size petroleum drilling company optimize its results in the
key terms of efficiency, economics and environmental protection.
Midland Energy Expo is an excellent opportunity for us to showcase
what we can do."
About Double Crown Resources, Inc.
Double Crown Resources, Inc. is a natural resource exploration
and development company holding a 100% interest in the Bateman gold
& nickel prospect near Thunder Bay, Ontario, Canada. In
addition, Double Crown is targeting new properties as well as
oilfield supply & service projects that have the potential
for near-term positive cash flow. The company is presently
reviewing a number of new natural resource properties that are near
to, or in production, located in North, South and Latin America.
Multiple oilfield service projects are currently under active
development. Double Crown Resources, Inc., originally founded in
2006, is based in Henderson, NV.
Neither this press release nor any related calls or discussions
constitutes an offer to sell, or the solicitation of an offer to
buy, any securities.
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/.
Double Crown Resources, Inc.Jerold S. Drew, CEO & Chairman
of the Board10120 S. Eastern Ave. Suite 200Henderson, Nevada
89052Phone: (707) 961-6016Email: info@doublecrownresources.com