Rating Agency Assigns Favourable "BB" Credit Rating to MCW Fuels Inc., a Division of MCW Energy Group of California, USA

Rating Agency Assigns Favourable "BB" Credit Rating to MCW Fuels Inc., a 
Division of MCW Energy Group of California, USA 
TORONTO -- (Marketwired) -- 08/19/13 --  MCW Energy Group (TSX
VENTURE: MCW) (MCW.V) ("MCW"), a Canadian holding company involved in
fuel distribution and the creation of oil sands extraction
technology, today announced that an independent rating agency member
of Universal Rating Agency, has assigned a credit rating of "BB" (a
favourable rating) to MCW Fuels Inc. According to the agency, the
assigned rating is based upon the presence of a qualified and
experienced management team, a moderate current debt burden and the
substantial market value of assets controlled by the parent company,
MCW Energy Group. 
About MCW Fuels:
 MCW Fuels (Originated in 1938 as McWhirter Fuels
Distributing Inc.) is a petroleum products distribution company which
provides over 250 service stations throughout western United States
with branded and unbranded fuels and diesel products. This division
has demonstrated significant sales growth during the past three years
with total sales in 2010 of $ 188,700.000 USD. In 2011, sales were $
241,500,000 and in 2012, (to fiscal year end of August 31st,) sales
totalled $ 363,300,000. MCW Fuels has long term branding contracts
with Valero and ConocoPhillips, and the Company is heavily involved
in rebranding programs, together with value-added programs such as
inventory control systems, price management, credit card controls and
has achieved a 38% annual compound growth rate (CAGR) over the past
three years. In 2013, MCW Fuels delivered over 156 million gallons of
fuel and diesel products. After acquiring two major Californian
distributors in 2012, MCW Fuels is continuing to implement an
aggressive distributor acquisition program for further growth
opportunities. 
About MCW Energy Group:
 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, (MCW
Fuels) 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 Oil Sands Recovery, LLC), The Company is in
the process of assembling its initial extraction plant in Asphalt
Ridge, where it will implement its environmentally-friendly and cost
efficient technology 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. For more information,
please visit the corporate website at: www.mcwenergygroup.com.  
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 the Company. 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. 
For more information, please contact: 
MCW Energy Group
Paul Davey
Communications
Tel: +1 (800) 979-1897 (Ext. 3)
Cell: 1-778-389-0915
Email: pdavey@mcwenergygroup.com 
 
 
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