MCW Enterprises receives final shipment of oil sands extraction unit components

Source: MCW Enterprises Ltd.
Utah oil sands

MCW Enterprises Ltd. (TSX VENTURE: MCW)(MCW.V) ("MCW"), a Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, today announced that it has received notice that the third and last container of its pilot plant components has been received and is being shipped via truck to its Asphalt Ridge, Utah lease site.

MCW had previously received two containers of its initial plant components in late August 2012, and this shipment is now being cleared through Houston, Texas. This container holds the remaining major components which include the rectification column, spare column parts, and spares for other system components. To minimize site development timeframes, MCW has already accumulated shovel-ready feedstock on its 1128 acre lease site near the state's main oil and gas development center of Vernal for the subsequent testing phase, which will proceed upon assembly completion.

In a series of press releases announcing the progress of its initial extraction plant in Asphalt Ridge, Utah, MCW issued a news release on November 28th, 2012 which provided details on the final stages of site preparation ("MCW Enterprises Enters Final Phases of Site Preparation...") and on November 19th, 2012 details of the permit process were provided ("MCW Enterprises Obtains All Permits..."). These releases, and others, may be viewed on the Company's website: www.mcwenergygroup.com.

"We have assembled an experienced crew for the assembly of our initial extraction plant," stated Dr. Vladimir Podlipskiy, Chief Technology Officer of MCW, who is heading up the assembly and installation of the extraction plant. "Because of the unit's compact proprietary design, few moving parts and small footprint, we expect that the assembly stages of the plant will be implemented smoothly," he added. The last stage in site preparation will be the pouring of concrete slabs for the plant's base, which will take place early this month.

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