Posted On: 11/27/2012 11:58:19 AM
Post# of 1680
MCW Enterprises Enters Final Phases of Site Preparation
The lease site preparation program is essentially completed with the entry way and entrance roads to the extraction plant pad are now complete in the form of a three level access from the main road. This will provide proper drainage and all-year access to the site operations. For electrical system installation, a legal survey of the lease and an easement survey were successfully completed and submitted to the State of Utah authorities. An electrical contractor has been appointed and work is now proceeding. MCW's engineering firm, Epic Engineering, has completed a plan for the erection of steel and electrical system integration. The pouring of the concrete pad for the extraction unit is scheduled for the beginning of December.
On November 14th, MCW's Chairman Alexander Blyumkin, CEO Dr. Jerry Bailey and COO David Sutton toured the lease site and were impressed with the progress of site preparation. "All of our site contractors are doing a terrific job to keep everything on schedule and on-budget," remarked CEO Dr. Jerry Bailey. "It looks like we will be ready to commence testing here in early January and our goal of initial production during Q1 2013 looks like a reality," he added. The MCW management team inspected the shovel-ready feedstock already on site for testing and production, and they also visited the nearby Temple Mountain Energy mine site (12 miles away) to see the source of their oil sands materials for the next five years.
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