SHEDIAC, NB and FRANKFURT, GERMANY--(Marketwire - April 16, 2012) - MCW Energy Group (FRANKFURT: MW4.F - News), a Canadian company involved in oil production/distribution and oil sands recovery technology, today announced that the Company has received a prestigious award as a key distributor for Valero Marketing and Supply Company.
During the 2012 Valero National Distributor Conference (VNDC) held in San Antonio, Texas in March 2012, MCW Fuels was honored by the Valero Marketing & Supply Company with a prestigious "Circle of Excellence Award" as an outstanding distributor/jobber for the growing Valero Brand. The Award recognizes accomplishments by Valero's distributors for outstanding leadership in fuel branding, as well as maintaining a high level of industry business relationships.
"Everyone at MCW Fuels and the MCW Energy Group are extremely pleased to be selected as a recipient of this benchmark award from Valero, one of America's key fuel suppliers," stated David Sutton, Chief Operating Officer. The "Circle of Excellence Award" represents the culmination of several intensive research programs which were applied to Valero's 4,800 branded jobbers in four regional areas throughout its vast distribution network. Only 12 distributors were chosen to receive this award on the basis of criteria such as high mystery shopper scores, point-of-purchase promotional participation, site growth and average service station sales volumes.
Valero is currently one of America's largest fuel producers/retailers with service stations from coast to coast, and is one of the country's largest ethanol producers with considerable investments in biofuels. Valero is also expanding its service station network into the southeastern, Great Lakes and northeastern regions.
Established in 1938, MCW Fuels (formerly McWhirter Distributing Company), has been distributing fuels for several major brands including Valero, and offers comprehensive branding programs, signage assistance and state-of-the-art accounting systems to a wide variety of independent customers who embark on re-branding programs. These services include credit card processing, inventory control systems and price management. MCW Fuels is also currently involved in marketing its own brand of fuel, MCW Fuel, which is now being introduced throughout several Californian markets.
About the MCW Energy Group:
MCW Energy Group is a Canadian holding company with two principal portfolio companies: the California-based MCW Fuels, a leading distributor of branded and unbranded gasoline and diesel products throughout the United States, and MCW Oil Sands Recovery, LLC, an oil sands extraction technology company based in Utah, which is focusing on providing a new source of domestic oil from America's virtually untapped oil sands resources. With an ongoing production of oil from its oil sands leases, the Company intends on becoming a profitable supplier of oil to several regional refineries. This new revenue stream will provide strategic leverage for MCW through direct control of oil pricing and supply within its core distribution network.
For more information, please visit the corporate website: www.mcwenergygroup.com
This information does not constitute an offer of or an invitation by or on behalf of MCW Energy Group or any of its subsidiaries to subscribe for or purchase securities of MCW Energy Group or any of its subsidiaries, but is provided as a matter of record only. In particular, the information contained does not constitute an offer of securities for sale or solicitation of an offer to buy securities in the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended.
MCW Energy Group
334 Main St., Suite 101
Shediac, NB, E4P2E5 Canada
Tel.: 001 (800) 979-1897
Fax: 001 (866) 571-9615 (FAX)