Press Releases

MCW Energy Group, A Leading U.S. Oil Distributor And Innovative Oil Producer, Maximizes Its Profit Potential With An Integrated Approach To The Energy Marketplace

Shediac, New Brunswick, Canada/Frankfurt, Germany:
MCW Energy Group, a Canadian holding company listed on the Open Market of the
Frankfurt Stock Exchange, plans to optimize the profit levels of its domesticallyproduced
oil from the Utah oil sands area by combining its oil production and its
existing distribution network under one corporate umbrella.

Continuing high energy consumption rates in China, India and other emerging
countries are likely to result in steadily rising oil prices on the global market. MCW
Energy Group’s strategy is aimed helping to reduce some of America’s dependence on
these world price developments with a new source of domestic energy: Utah’s oil
sands. The two principal portfolio companies, MCW Fuels and
MCW Oil Sands Recovery, LLC, complement each other perfectly in a vertically
integrated energy company.

The California-based MCW Fuels, established in 1938, is a
leading distributor of wholesale branded and unbranded gasoline and diesel products
throughout western United States, with annual sales of $ 189 million USD in 2010. The
Company delivers more than 70 million gallons annually and serves 150 service
station operators. Leveraging its buying power with a strategic network of supply
locations, MCW Fuels will be able to provide some of the most competitive pricing in the
U.S. Western States. MCW Fuels also intends to be in the forefront of the emerging
hydrogen fuel market… the fuel of the future and is currently developing its marketing
approach in South California. The strategic concept is “West Coast Leadership”
through aggressive organic growth, as well as growth through mergers and
acquisitions. The creation of a vertically-integrated oil company is a major benchmark
towards the Company’s goals.

MCW Oil Sands Recovery, LLC, is an oil sands extraction technology company with an
oil sands lease based in Asphalt Ridge, Utah. Vast oil sands reserves in Utah remain
virtually untouched due to limitations of former and current commercial technologies.
MCW Oil Sands Recovery, LLC is planning the development of its Asphalt Ridge oil sands lease utilizing a unique, solvent-based, environmentally-friendly closed-loop
extraction technology. These benign solvents remain within the system during the
extraction process, which is capable of extracting up to 98% of hydrocarbons. The
technology is scalable, highly mobile, commercially viable, environmentally-friendly
and is especially profitable, especially during the current high oil price ranges. Its initial
extraction unit is scheduled for infield testing this fall in the Asphalt Ridge Region.

With a producing oil sands operation, the MCW Energy Group intends on becoming a
profitable supplier of oil to one or more of the major local/regional refineries in Utah.
This new domestic source of energy will provide strategic leverage for MCW through
direct control of pricing and supply of oil within MCW Fuels core distribution network.
MCW’s formation as an integrated oil company will foster a more keen competitive
environment in the fuel distribution sector of the value chain. The Company expects
that the linking of its oil production with its fuel distribution network will provide
advantaged pricing, higher profit margins and enhanced returns to its investors.