MCW Energy Group Limited Releases Progress Report Concerning New Sustainability Program

MCW Energy Group Limited (TSX V:MCW) (OTCQX:MCWEF) has released a progress report on its new Sustainability Program, which focuses on joint venture opportunities and improving production cost efficiencies in order to offset the world’s lower oil prices.
According to the press release:

MCW has quickly established itself as one of the world’s leaders in the development of effective, cost-efficient oil sands technologies. And in doing so, the Company has proven that resource development doesn’t have to compromise or damage the environment. MCW is now implementing this multi-faceted plan which will not only ensure a viable resource development entity during these times of high production costs and low world oil prices, but will also provide additional revenue streams as the Company increases production capacities and signs joint venture agreements for royalties and technology fees.
“We feel that by implementing our comprehensive Sustainability Program, MCW will demonstrate to our investors that not only can we adapt and survive despite volatile market conditions, we can deliver ‘green’ energy with industry-leading production costs utilizing clean energy solutions,” stated R. Jerry Bailey, Chief Executive Officer of MCW.

Click here to read the full press release.