SOURCE: Double Crown Resources, Inc.
HENDERSON, NV--(Marketwire - Nov 5, 2012) - Double Crown Resources, Inc. (OTCQB: DDCC), a fully reporting company (hereinafter, "Double Crown") is proud to announce the addition of another very valuable mining industry name to its Board of Directors. Keith A. Tubandt, who has spent over 30 years directly involved in projects for locating, mining, testing and delivering critical fracturing (frac) sand for oilfield service operations, is now an important member of the Double Crown management team. Mr. Tubandt joins the company at this time to advance and expand our move into the new business venture of servicing the oil/gas drilling industry. This new venture has been underway since the beginning of 2012 and is meeting positive initial results. Mr. Tubandt will help to develop Double Crown's frac sand customer base via his established business contacts as well as oversee specific operations including the following:
- Drill new frac sand deposits for proving reserves.
- Test frac sand samples against API specifications for customers.
- Perform preliminary design of new frac sand plants with capacities of 1-2 million tons per year of final products.
- Search for new frac sand suppliers for oil service companies.
President & CEO Jerry Drew commented, "Having such a directly on-target specialist as Keith A. Tubandt come in and join our other oilfield industry veterans, Marc Duncan, Allen E. Lopez and Glenn Soler will make Double Crown Resources a key company that can deliver on all the demands of customers needing quality frac sand and related commodities in ever increasing amounts today. This level of industry knowledge, contacts and experience is a rare and very capable assemblage of business talent for us and our clients."
Some highlights of Keith A. Tubandt's career include his most recent work from 2010 to 2012 consulting full time for the design and building of a $45MM frac sand transload facility in Texas. Between 2008 and 2010 he was a Managing Partner of DeKat Consulting of South Dakota. Here he completed the design, business plan and solicitation of contractors to build a $35MM frac sand plant in Nebraska.
Prior to these major projects and going back to the 1970's, Mr. Tubandt was directly involved in other extensive frac/glass sand and related operations for Canadian Silica, Inc., Pattison Sand Company, Harwest Industrial Minerals Corporation, Urethane Applications Company, Unimin Company and other mining operations. Some of Mr. Tubandt's projects have required extensive international travel and relocation. He has worked in Venezuela, India, Thailand, Spain, Mexico, Brazil, Russia, Israel, Jordan and other countries around the globe. Mr. Tubandt's educational background includes a BS Degree in Chemical Engineering earned from South Dakota School of Mines and Technology in 1974.
About Double Crown Resources
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. Multiple oilfield service projects are currently under active development. Double Crown Resources, Inc., originally founded in 2006, is based in Henderson, NV.
For more information, please visit: http://www.doublecrownresources.com/
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/