Posted On: 12/12/2012 11:23:43 AM
Post# of 1680
MCW Energy Group Is A Government-Recognized Developer Of America’s Oil Sands
Once MCW has completed the assembly of its initial extraction unit onsite in Asphalt Ridge, the Company expects to generate revenue within two months of the unit’s setup and satisfactory operation, subject to government approvals and permit stages.
At the outset, production is expected to generate a minimum of 250 barrels per day.
The Company’s processing costs are within an excellent range of $ 30.00 to $40.00 per barrel, which ensures a profitable return to MCW, even if oil prices slip below their current high levels.
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