News Column

Double Crown Resources Strengthens Management Team With New Finance and Procurement Specialist

Mar 7 2013 12:00AM



HENDERSON, NV -- (Marketwire) -- 03/07/13 -- Double Crown Resources, Inc. (OTCQB: DDCC), a fully reporting company (hereinafter, "Double Crown"), welcomes its newest addition to the Board of Directors, Antonio B. Castillo, an accomplished business financial advisor and also an expert in the procurement of equipment & materials to optimize oilfield drilling operations. Mr. Castillo brings over 25 years of experience in a wide range of positions serving the oil and gas industry with both financial development and technical drilling procurement expertise. Mr. Castillo has an extensive history in planning drilling projects for both on-shore and off-shore operations. He has worked with jack-up oil platforms, land rigs and also the chemical additives and other key materials required for high-yield production.

The increasing number of petroleum industry projects being planned and quoted for by Double Crown management now is requiring more industry qualified assistance to meet the demands. Antonio B. Castillo's exceptional professional background is already providing invaluable contributions to our work as well as many new resource contacts. To reflect his functions in the company, Mr. Castillo has been given the title; Director of Business Development and Strategy.

Most recently in his career, Antonio B. Castillo has served as President & CEO of Houston based Avan Consultants, LLC which manages accounts for a significant list of clients who have contracts with Pemex, PDVSA, Petrobras, Petro Ecuador and other major petroleum industry concerns. His list of clients and contacts is worldwide. During his time working for ARCAM, an International Intermediary Financial Company, Mr. Castillo's personal portfolio of investors was worth $175 million. Under Mr. Castillo's direction, most of this portfolio was placed in petroleum industry equities. Antonio B. Castillo is also another bilingual member of the Double Crown management team. He is fluent in English and Spanish which is a very important factor in conducting business with our clients, many of whom are Latin based.

President and CEO Jerry Drew commented, "With the numerous new petroleum industry projects that Double Crown Resources is currently working on now we need the key expertise and industry connections that Antonio B. Castillo provides. His financial planning knowledge and his industry specific procurement experience will provide an outstanding advantage for us and for the customers we are working to serve. I am certain Mr. Castillo's addition to our company will pay off in very significant value as we go forward with our efforts in the company's new petroleum industry business venture."

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 as well as oilfield service projects that have the potential for early 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.

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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


Double Crown Resources, Inc.
Jerry Drew
President and CEO
2312 N. Green Valley Parkway, Suite 1026
Henderson, Nevada 89014
Phone: (707) 961-6016

Source: Marketwire

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