MCW a pioneer!
MCW's involvement in U.S. oil sands development is documented in this year's (2011) Annual Report issued by the U.S. Department of Energy, titled, "Secure Fuels From Domestic Sources," where the Company is included as one of the few companies involved in technologies to develop oil sands resources.
The addition of an oil sands recovery technology company will augment the Company's distribution company profit margins, as there are fewer competitors and larger profit margins in the oil sands industry.
Until now, there has not been a successful oil sands technology company in the U.S. which can safely extract oil from oil sands materials on a commercially-viable basis. The Company is confident that their proprietary technology is environmentally safe and commercially viable.
There is an extremely favorable climate in the United States for the development of domestic energy sources in order to lessen the country's dependence on foreign oil. This current positive attitude ties in well with the Company's focus on becoming a fully integrated energy company, essentially adding considerable strength in its pricing and distribution policies.