HENDERSON, Nev.--(BUSINESS WIRE)--August 7, 2014 -- Double Crown Resources, Inc. (OTCQB:DDCC), a fully reporting company, (hereinafter, "Double Crown") is pleased to announce the addition of three very experienced and well established Mining & Oilfield Project Specialists to the company's operating team. Marvin R. Blethen, Burt Pereira and Demetrio Brid are all currently working closely with Double Crown management to fully develop and advance the company's major projects. These projects include making detailed logistical arrangements for the shipment of oilfield service commodity products to our customers, identifying and securing the rights to new product resources, preparing our New Orleans processing plant & bulk terminal for its planned renovations and also moving our patent-pending aggregate material transport system into full scale manufacturing and commercial use. All three of these industry experts have extensive backgrounds, qualifications and key connections in the international petroleum industry. Brief biographies can now be found on the Double Crown website and also below.
Marvin R. Blethen, is currently President of Blethen Mining Associates, PC and Blethen Mine Consultants, LLC, which services mining clients with multiple commodity resources around the world. Mr. Blethen has also worked as an executive in the mining industry at the level of Vice President dealing with budgets, cost analysis, operational projections and contract negotiations as well as Vice President of one of the largest aggregate associations in Washington, DC. He has over 34 years of mineral industry mine engineering, corporate and line management experience in national and international surface and underground mining operations involving coal, bauxite, kaolin, aggregates, quartzite, hydraulic fracturing sand, novaculite, magnesite, gold, silver, barite, and clay. His expertise includes surface and underground mine design and planning, mineral economics, mine valuation, geological evaluation, reserve evaluation, equipment selection, financial analysis, feasibility studies, environmental remediation, regulatory management and administration. Marvin R. Blethen is a Registered Professional Engineer of Mining Engineering in multiple states.
Burt Pereira is the Owner & President of Downhole Solutions, Inc., a Louisiana based technical consulting firm and manufacturer of oilfield stimulation additives with emphasis on oilfield cementing products and well fluid chemicals. Downhole Solutions (DHS) was established to provide plug & abandonment and pumping services industries with high performance cementing technology and technical solutions for modern oilfield drilling operations. The company operates laboratory facilities in Louisiana and Oklahoma. The DHS technical staff has over 55 years of experience in the oil & gas industry covering research, development, manufacturing and field applications. Before founding DHS, Mr. Pereira held positions at the major petroleum industry names of Schlumberger (Dowell) and Conoco Phillips.
Demetrio Brid is the founder of Terrakem, Inc., a successful solution provider to the oil & gas, mining and chemical processing industries in Latin America and the Caribbean. Terrakem partners with leading companies in each sector to provide reliable and timely delivery of quality products with attention to all aspects of the supply chain including packaging, logistics and local inventory control. Terrakem tailors customer specific chemical solutions for applications in oilfield service & support. The company currently operates blending, formulation and manufacturing facilities in the U.S. and Mexico. Mr. Brid earned his degree in Chemical Engineering from University of Florida. Previously in his career he has served in management positions at Dow Chemical & Eastman Chemical and has also worked in Argentina, Mexico and Venezuela for 14 years.
Regarding the addition of these Mining & Oilfield Project Specialists, Double Crown's Chairman & CEO Jerold S. Drew commented, "Much of the very significant progress we have achieved in the first part of 2014 has to be directly credited to the contributions of Marvin R. Blethen, Burt Pereira and Demetrio Brid. With the invaluable efforts they are making on the Double Crown Resources team now, our business plan, product resource base, infrastructure development and logistical capability have all been greatly enhanced and brought forward more quickly. We are very glad to have these highly capable industry professionals with us and we look forward to a long and successful business relationship with each as we strive to meet our goals and objectives for the benefit of our customers and DDCC shareholders."
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/.