MCWEF very stong trending from .50 in last two wks. Not letting up: 03:52pm EST 0.86 +0.05 +6.17% Why? Their oil costs $25-$28 per barrel…the lowest oil cost in North America.

 

 

Newsletter profile from www.greenbackers.com we forwarded to our subscribers in light of late breaking news that has triggered another breakout in the stock.  Take note on MCWEF as the stockbhas seen an exceptionally strong turnaround late Dec resulting from the discovery that they are producing oil at much cheaper costs vs the majors.

MCWEF

03:52pm EST

0.86

+0.05

+6.17%

 

tsm

 

 

 

From: Greenbackers

Sent: Wednesday, December 30, 2014

Subject: MCWEF very stong trending from .50 in last two wks. Not letting up: 0.81 0.12(16.77%) Dec 30, 3:56PM Why? Their oil costs $25-$28 per barrel…the lowest oil cost in North America.

 

Is MCW Oil Sands The Lowest Cost Unconventional Oil Play In North America?

By Editorial Dept | Tue, 30 December 2014 13:14 | 0

MCW Energy Group, Inc. (MCWEF) updated the market Monday Dec 26th on their new oil sands production plant in Vernal Utah and progress on major joint venture projects globally.

In addition, some back-of-the-napkin math updating their of their oil production cost assumptions makes MCW Oil Sands Recovery bar far the lowest cost unconventional oil producer in North America…and quite possibly the world ex-Venezuela.

First, MCW Oil Sands Recovery LLC reports they have begun the 

Read more:  http://oilprice.com/Finance/investing-and-trading-reports/Is-MCW-Oil-Sands-The-Lowest-Cost-Unconventional-Oil-Play-In-North-America.html

 

 

 

 

NBT expanding on the recent news:

 

The headline says it all…with 40% LOWER oil cost forecasts and 40% improved oil quality from plant, total production costs per barrel of oil from their oil sands feedstock makes MCWEF oil costs $25-$28 per barrel…the lowest unconventional oil cost in North America.

 

That production cost makes most of the 30 billion barrels of oil estimated in the Utah oil sands reserves ECONOMIC to recover with $40 crude oil prices…

 

THAT makes Utah oil sands the new Bakken and/or Eagle Ford of American oil…

 

Tobin Smith

Founder & CEO| NBT Capital Markets LLC

Washington D.C. | Los Angeles | New York | Palo Alto

301-412-8622 (mobile: text = best bet) |240-483-4629 (office) |tsmith@nbtgroupinc.com

 

 

http://www.nbtequitiesresearch.com

Follow me on Twitter twitter.com/tobinsmith

 

MCWEF is the strongest stock we're covering late Dec and for good reason...The stock is in the midst of an exceptionally strong turnaround....In the last two weeks, it has been climbing from .50 to .80s. 

 

 

Yesterday the stock saw another breakout

0.81 0.12(16.77%) Dec 30, 3:56PM EST

 

 

Aside from this most recent article, News in the last month+ has been bullish also:

 

• MCW Energy Group Details Further Progress of Its Initial Oil Sands Extraction Plant in UtahMarketwired(Mon, Dec 22)
• CBS Money Watch Article Lauds MCW Energy Group's Breakthrough Oil Sands Extraction Technology & MCW Announces Participation in LD Micro Conference, Los Angeles, December 2nd - 4th, 2014Marketwired(Tue, Nov 25)
• 'MCW Energy Group's Projected Oil Sands Extraction Production Costs Compare Favourably to Alberta Oil Sands' Average,' According to Bloomberg's Business Week ArticleMarketwired(Thu, Nov 20)
• Breakthrough Technology in Utah to Make Oil Sands CleanAccesswire(Thu, Nov 20)
• Sky Is The Limit For New Utah Oil Sands TechAccesswire(Wed, Oct 22)
• MCW Energy Group's Initial Oil Sands Extraction Plant Now Poised for Production; Chairman Announces Phase #2 Expansion Plan Including 5,000 Barrel/Day (Est.) Plant in Ashpalt Ridge, UtahMarketwired(Thu, Oct 9)

 

 

 

 

 

 

 

 

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