MCW Energy Group Licenses Extraction Technology in Canada

MCW Energy Group Licenses Extraction Technology in Canada 
TORONTO, ONTARIO -- (Marketwire) -- 03/27/13 -- MCW Energy Group
Limited (TSX VENTURE:MCW) ("MCW"), a Canadian holding company
involved in fuel distribution and the creation of oil sands recovery
technology, is pleased to announce that it has entered into a
intellectual property license agreement with a private arm's length
Canadian company which has agreed to act as the sole and exclusive
licensee of MCW's extraction technology within the countries of
Canada and the Republic of Trinidad and Tobago. 
About MCW Energy Group Limited: 
MCW Energy Group Limited, is focused on value creation as (i) a
distributor of gasoline and diesel fuels to service stations in
Southern California for over 72 years, having revenue in the fiscal
year ending August 31, 2011, of US$241.5 million, most recently
reported having revenue of US$363.3 million for the fiscal year
ending August 31, 2012, and (ii) as a developer of proprietary
technology for the extraction of oil from oil sands at its first
field in the Uinta Basin of Utah, USA. MCW's management team is
comprised of individuals who have extensive knowledge in both
conventional and unconventional oil and gas projects and production,
as well as refinery and fuel distribution experience. 
The information in this news release includes certain information and
statements about management's view of future events, expectations,
plans and prospects that constitute forward looking statements. These
statements are based upon assumptions that are subject to significant
risks and uncertainties. Because of these risks and uncertainties and
as a result of a variety of factors, the actual results,
expectations, achievements or performance may differ materially from
those anticipated and indicated by these forward looking statements.
Forward-looking statements in this news release, include, but are not
limited to, the commercial viability of the technology and the
extraction plant, economic performance and future plans and
objectives of MCW. Any number of important factors could cause actual
results to differ materially from these forward-looking statements as
well as future results. Although MCW believes that the expectations
reflected in forward looking statements are reasonable, they can give
no assurances that the expectations of any forward looking statements
will prove to be correct. Except as required by law, MCW disclaims
any intention and assumes no obligation to update or revise any
forward looking statements to reflect actual results, whether as a
result of new information, future events, changes in assumptions,
changes in factors affecting such forward looking statements or
otherwise. 
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. 
Contacts:
MCW Energy Group Limited
Paul Davey
Communications
+1 (800) 979-1897 (Ext. 3) or Cell: 1-778-389-0915
paul@mcwenergygroup.com
 
 
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