HENDERSON, Nev.--(BUSINESS WIRE)--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.
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/.