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MCW Energy Group's Oil Sands Extraction Plant in Asphalt Ridge, Utah Makes Significant Assembly Progress in Q4-2013, Now 60% Assembled

12/31/2013 | 11:58am US/Eastern

ENP Newswire - 31 December 2013

Release date- 27122013 - Toronto, Ontario, Canada - MCW Energy Group (TSX-V: MCW), a Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, today announced significant progress on the fabrication and assembly programs of its first oil sands extraction plant on its lease in the Asphalt Ridge Region of Utah, approximately 1.6 miles from Vernal.

All access, entry and other supportive roads were developed and constructed onto and throughout the lease site in October. Since then, concrete pads for the extraction unit have been designed and approved by the engineering team and have now been completed and poured to specifications.

The unit foundation has been fortified with gravel material to withstand temperatures as low as -40F. Uintah Machine & Manufacturing Co. of Utah is in the process of completing the fabrication of the unit's feeding bins, pug mixer and pre-mixing tank. A conveyor system that delivers the oil sands ore has been supplied by another local company and is now awaiting assembly.

All structural steel components have been designed, approved and ordered from Steel Breeze Inc., another Utah-based company. The four storey super-structure for the extraction unit has now been assembled on site. A steel staircase system for easy access has been delivered and installed beside the super structure. All of the main extraction process components including the extraction column, rectification column, evaporator, heat exchangers, condenser, chiller and other relevant equipment have been installed on their corresponding concrete pads in accordance to engineering drawings and process system diagrams.

Dr. Vladimir Podlipskiy, MCW's Chief Technology Officer, is in charge of the extraction unit's fabrication and assembly stages. 'We've been working closely with our engineering teams as we progress through these formative stages to enhance the systems' efficiencies. Our objective is to create an environmentally-safe oil sands extraction system which is scalable for commercial viability,' he stated. This is the third of a series of progress reports on MCW Energy Group's initial oil sands extraction plant in the oil-rich Asphalt Ridge, one of Utah's major oil sands deposits.

Media Contact:

Paul Davey

Tel: 1-800-979-1897

Email: pdavey@mcwenergygroup.com

[Editorial queries for this story should be sent to newswire@enpublishing.co.uk]

((Comments on this story may be sent to info@enpublishing.co.uk))

© M2 Communications, Acquiremedia 2014
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