MCW Energy Group announces appointment of Richard S. Rawdin, CPA, as Chief Financial Officer

MCW Energy Group (TSX VENTURE:MCW), a Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, today announced the appointment of Richard S. Rawdin, CPA, as Chief Financial Officer of the MCW Energy Group.

Mr. Rawdin will take over the position serving both divisions of MCW, MCW Fuels and MCW Oil Sands Recovery, LLC. during the month of June, 2013. He was formerly the Chief Financial Officer of Dalbo Holdings Inc., a Utah-based company providing services in the oil and gas industry, where he managed the Accounting/Financial Departments of Dalbo and its subsidiaries. He was a key member of Dalbo's management team which developed and implemented Dalbo's overall corporate strategies. He has an impressive track record of success in all facets of management, accounting, finance, operations and organic EBITDA growth. Mr. Rawdin has focused on strategic planning, business development, financial modelling, custom operating metrics design, corporate finance, mergers and acquisitions. He has been involved in debt financings and restructurings totalling over $1 billion. Mr. Rawdin has a BS Degree in Accounting/Business from the University of Utah.

"We are very impressed with Mr. Rawdin's credentials, not only by his financial background, but also his extensive oil and gas industry experience," stated Alexander Blyumkin, Chairman of the Board of MCW Energy Group. He added, "He will also be an asset to the MCW Team with his intimate knowledge of Utah's vast resources throughout the state, including the Uintah Basin." MCW Energy Group has accepted the resignation of Mr. Warren Dillard as the CFO of MCW and thanks him for his contributions to MCW during its formative years in transforming into a vertically?integrated energy company.

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. More

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Source: http://www.oilvoice.com/n/MCW_Energy_Group_announces_appointment_of_Richard_S_Rawdin_CPA_as_Chief_Financial_Officer/d639dda1bc09.aspx

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