Crescent Resources Corp.

Crescent Resources Corp.

September 11, 2007 08:00 ET

Crescent Resources Corp.: Vice President Business Development Appointed

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 11, 2007) - Crescent Resources Corp. (TSX VENTURE:CRC) is pleased to announce the appointment of Gregory R. Davis to the position of Vice-President of Business Development. Greg has worked in junior mining exploration and development for the past ten years. Since December 2004, Greg was the Vice President of Business Development for Crosshair Exploration and Mining, a successful junior uranium exploration company. Prior to that, Greg was a Project Manager and Senior Geological Technician for Nevsun Resources.

In his new role at Crescent Resources, Greg will be responsible for the further development and execution of a comprehensive investor relations program and will assist in further property evaluation and possible procurement of new properties.

Don Halliday has been appointed to the position of Executive Vice President with a primary focus on investor relations and fund-raising. Mr. Halliday states, "Greg will be an excellent addition to the Crescent team as he brings a rare combination of geological knowledge and corporate success to the Company. Having worked with a uranium exploration company Greg brings with him a full understanding of the uranium business."

Crescent is a mineral exploration and development company with a defined growth strategy of adding value through discovery and rapid project advancement through exploration. In addition to the Oviedo Uranium Project in Paraguay Crescent also has the Boulder Lake Uranium Project in northern Manitoba and the Matupa Gold Project in Brazil. These projects were acquired based on management's belief that they have the potential for further discovery and growth. The Company has 26.8 million common shares outstanding.


Michael Hopley, President and Chief Executive Officer

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release.

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