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106 - The International Resource Journal

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FEBRUARY 2013 <strong>The</strong> <strong>International</strong> <strong>Resource</strong> <strong>Journal</strong>159One of MCW Fuels’ growing delivery fleet2012, up from $241,000,000 in 2011 and just$188,000,000 in 2010. MCW’s oil sands division,MCW Energy Group’s (now listed on the TSX-V:MCW) oil sands division, holds an oil sands leasein Utah, which is estimated to contain approximately54 million barrels. And there’s much moreroom for expanded development in Utah, which,unknown to many, contains more than 35 billionbarrels of oil in oil sands deposits: a whopping 55per cent of the US total deposits, which also trendthrough Wyoming and Colorado.With few competitors in the US oil sands industryand no commercially viable oil sands extractionprojects in the US up until now, MCW sees greatMCW Fuels operates its own retail gas operationsas well as supplying over 500 service stations withbranded and unbranded fuels

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