MCW- Few competitors MCW's involvement in U.S.
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Posted On: 12/05/2012 8:06:17 AM
MCW- Few competitors
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.
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