MCW--- quickly expanding Based on conservative pr
Post# of 1680
Posted On: 11/21/2012 8:46:24 AM
MCW--- quickly expanding
Based on conservative projections of near future oil prices versus very attractive operating costs
($30.00 - $40.00 USD per barrel), management feels that its oil sands operations will add significantly to projected revenue levels within a two year period. MCW is also investigating other oil sands lease opportunities in the Uintah Basin region in Utah in order to augment its portfolio of proven/probable reserves.
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