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CRWEWallstreet.com reports latest on CRWE, MTL, LEI
[July 05, 2010]

CRWEWallstreet.com reports latest on CRWE, MTL, LEI


__ Crown Equity Holdings, Inc. (CRWE.OB) recently announced the assignment of its team of programmers to develop and maintain financial news websites in all the major countries along with established and accredited stock exchanges, and to concentrate on establishing websites for various cities within every state of the U.S.



Ken Bosket, CEO of Crown Equity Holdings, Inc., stated, “Our goal for 2010 is to have all CRWE’s clients’ press releases, articles and news content published in every major financial country’s native language, as well as within cities of every state of our country.” CRWE will implement a forward stock split of its common stock on a one-for-ten basis. In connection with this forward split, the Company will increase its authorized shares from 500,000,000 to 1,000,000,000 shares. An effective date for the split has not been determined but is expected to occur in late July for shareholders of record as of July 15, 2010.

Crown Equity Holdings is currently in the process of expanding its in-house IT infrastructure and although its current web page load time is better than 75% of other internet websites, when completed, modifications will raise this load time to better then 90% of other internet websites, while increasing website visitor capacity by 400%. It has also moved to a dedicated in-house advertising server, allowing for faster response and a wider variety of ad space offerings to those interested in advertising on their numerous internet and affiliate internet properties.


Crown Equity Holdings, Inc. is a professional consulting firm that assists foreign and domestic companies in all aspects of business development including becoming publicly traded. The company's IR/PR division has grown into a full online public awareness service firm with a complete line of advertising and marketing tools at its disposal. Founded in 1995, Crown Equity Holdings, Inc is based in Las Vegas.

More on CRWE go to: http://www.crownequityholdings.com/ __ Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announced today measures it has undertaken to supply Russian coke plants with coking coal of scarce grades. Due to insufficient supplies of fat coking coal concentrate in Russia, Mechel OAO started supplies of coal from the USA. The first 73.5 thousand tons of coal have already arrived to the Port Mechel Temryuk.

Mechel intends to arrange regular coal shipments from the USA to Russia both for internal usage and for sales to the market. On July 1, the second Panamax ship was loaded at the port of Norfolk with coal produced by Mechel Bluestone. Estimated time of arrival of the vessel is the latter part of July.

By now Mechel Bluestone has adjusted its production plan to increase output of coal grades, substituting high volatile grades for the Russian market.

Mechel is one of the leading Russian companies. Its business includes four segments: mining, steel, ferroalloy and power. Mechel unites producers of coal, iron ore concentrate, nickel, steel, ferrochrome, ferrosilicon, rolled products, hardware, heat and electric power. Mechel products are marketed domestically and internationally.

http://www.mechel.ru __ Lucas Energy, Inc. (NYSE Amex:LEI), an independent oil and gas company based in Houston, Texas, recently announced the closing of the second part of its Eagle Ford joint venture with Hilcorp Energy I, L.P., an affiliate of Hilcorp Energy Company, one of the largest privately owned oil and gas companies in the United States. Hilcorp Energy I, L.P. has acquired interests in additional leases in the Company's Eagle Ford acreage in Gonzales County, Texas. Additional Eagle Ford properties will be part of a third closing which is expected to take place by the end of July. To- date, Lucas has received $8.9 million for an 85% working interest in approximately 10,500 acres in Gonzales County, Texas.

The purpose of the joint venture with Hilcorp is the development of the Eagle Ford Shale properties owned by Lucas Energy, Inc. in Gonzales County, Texas. Hilcorp acquired 85% working interest in the deep rights, including the Eagle Ford Shale formation. Lucas will retain a 15% working interest. This joint venture does not include any producing wells or current production.

William A. Sawyer, President and CEO of Lucas Energy, said, "The Company is moving ahead with its development of the Eagle Ford play in Gonzales County, Texas. We expect to have the first well spudded in August of this year." Last: $2.15 Change: $0.10 (Up 4.88%) See the Lucas Energy web site, www.lucasenergy.com.

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