Double Crown Resources Prepares to Serve Major Offshore Oilfield Operations with Advanced Intermodal Transport System
August 06 2015 - 10:03AM
InvestorsHub NewsWire
Contract Near Signing for
Supply to Top-Level Petroleum Products Producer on a Regular
Basis
HENDERSON,
NV -- August 6, 2015 -- InvestorsHub NewsWire -- Double
Crown Resources, Inc. (DDCC),
a fully reporting company, today announces late-stage
negotiations are currently taking place with a prominent
oilfield service company for the employment of Double
Crown's patent-pending,
intermodal material transport system called Translock².
The Translock² units
will be used for large scale commodity deliveries by the
oilfield service company to oil & gas drilling
platforms operated by a major petroleum producer in The Gulf of
Mexico. Initial
planned arrangements will be for the
regular delivery of drilling grade cement to the
platforms. This commodity is needed as a vital sealant in
off-shore oilfield operations. Fabrication
of new Translock²
units will commence as soon as possible after contracts
are signed which is expected within the month of August. Further
developments will be announced as they
occur.
For
this operation, Double Crown
will supply industry-specific Translock² units
engineered to the specifications of the drilling company which is
one of the industry's top petroleum products producers. As the
viability and advantages of Double Crown's
advanced technology are proven, long range planning
will be for every one of this driller's platforms in The
Gulf of Mexico to be served by
Translock² units
on a regular basis. Translock² offers
unparalleled design features with the potential to
revolutionize the standards of industrial commodity shipping as
they exist today in terms of efficiency, cost & time-savings,
product protection, safety and environmental concerns. In
this first commercial project one of the major improvements will be
the elimination of super sacks which are inefficient to
manage, wasteful of excess material and often rupture in
handling and transit. Double Crown's management has
received many comments from industry leaders indicating that
Translock² would provide a very welcome improvement over
the use of super sacks for virtually all industrial commodity
shipping applications. Furthermore, it has been expressed that
super sacks, in many industries, are being phased out.
Double Crown's management is confident that the
Translock² is a clear solution to that phase-out and
intends to prove this in the months to come.
About
Double Crown Resources, Inc.
Double Crown Resources, Inc., is a public, fully reporting company
in the natural resources industry. In addition to our oilfield
services business, we market the patent-pending, multi-advantage
container system called Translock².
This system is designed for highly efficient, economical and
environmentally friendly shipment of aggregate commodities to the
oilfield services industry. Additionally, we hold a 100% interest
in the Bateman gold and nickel prospect near Thunder Bay, Ontario,
Canada. Double Crown Resources, Inc., originally founded in 2006,
is based in Henderson, NV with marketing offices in Houston,
TX.
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. Such forward-looking statements
include risks and uncertainties, and there are important factors
that could cause actual results to differ materially from those
expressed or implied by such forward-looking statements. These
factors, risks and uncertainties are discussed in the Company's
annual report on Form 10-K for the year ended December 31, 2014 as
updated from time to time in our filings with the Securities and
Exchange Commission. The Company is not responsible for updating
the information contained in this press release beyond the
published date, or for changes made to this document by wire
services or Internet services. 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 Board
10120 S. Eastern Ave. Suite 200
Henderson, Nevada 89052
Phone: (707) 961-6016
Email: info@doublecrownresources.com