MCW Energy Group Limited
MCW ENERGY GROUP APPOINTS TOP-MANAGER AS COO OF ITS OIL SANDS OPERATIONS IN ASPHALT RIDGE, UTAH
MCW Energy Group Limited / Key word(s): Change of Personnel/Statement MCW ENERGY GROUP APPOINTS TOP-MANAGER AS COO OF ITS OIL SANDS OPERATIONS IN ASPHALT RIDGE, UTAH. September 20th, 2011: Shediac, New Brunswick, Canada/Frankfurt, Germany: MCW Energy Group, trading on the Open Market of the Frankfurt Stock Exchange, a Canadian holding company involved in oil production/distribution and oil sands recovery technology, is pleased to announce the appointment of R.Burk Adams, P.E., as Chief Operating Officer of MCW Oil Sands Recovery, LLC, which is based in Utah. Mr. Adams has a diverse range of experience in industrial project management, engineering design and the economic evaluation of petroleum, mineral and chemical process projects with an emphasis on oil sands processing, asphalt production and heavy oil upgrading. His past projects include corporate and project management/development, field engineering, pilot plant design/operation, bankable feasibility studies, contract development/administration, facility start-up, detailed operating/capital cost estimates, financial/risk analysis, process simulation, flow-sheet and P&ID development/Process Safety Management (PSM), including Process Hazard Analysis (PHA), process modelling, (HYSIS,UNISIM), project scheduling/tracking, equipment sizing/design, criteria development and energy/mass balances. Most recently, Mr. Adams was a Senior Consulting Engineer for Worley/Parsons Canada/Imperial Oil Resources, Calgary, Alberta, where he was responsible for the processing/project development of a non-aqueous extraction method for processing bitumen from oil sands. Prior to that, he was a Senior Process Engineer for Ringstrom Engineering, Albian Sands, Fort McMurray, Alberta and was responsible for the review of system venting scenarios. Mr. Adams was also a Senior Process Manager for Korea Technology Industry (America) in Vernal, Utah, responsible for leading a Process Design Team in the design, construction and commissioning of a 1200 bpd oil sands extraction demonstration facility, including ore preparation, extraction, dry tailing system, water and froth treatment and solvent recovery. He holds an MBA Degree in Operations/Finance Emphasis and a BS Degree in Chemical Engineering from Brigham Young University. MCW is confident that Mr. Adams will provide his leadership, his regional knowledge and the expertise required to lead the Company's team forward as it develops its oil sands lease in Asphalt Ridge Utah, together with the fabrication program of an initial 250 bpd extraction plant which is currently underway. Please view the series of Company press releases at: www.mcwenergygroup.com.
About the MCW Energy Group: North American Investor Relations Contact:
Paul Davey,
Jörn Gleisner The information does not constitute an offer of or an invitation by or on behalf of MCW Energy Group or any of its subsidiaries to subscribe for or purchase securities of MCW Energy Group or any of its subsidiaries, but is provided as a matter of record only. In particular, the information contained does not constitute an offer of securities for sale or solicitation of an offer to buy securities in the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. End of Corporate News 20.10.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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