SHEDIAC, Canada & FRANKFURT, Germany--(BUSINESS WIRE)--MCW Energy Group is pleased to announce the appointment of Dr. R Gerald Bailey as its new Chief Executive Officer MCW, a Canadian holding company involved in oil production/distribution and oil sands recovery technology.
Dr. Bailey, P.E., has been appointed Chief Executive Officer of MCW Energy Company and its two portfolio companies: the California-based MCW Fuels (formerly McWhirter Distributing Company), established in 1938, a leading distributor of branded and unbranded gasoline and diesel products throughout the western United States, and MCW Oil Sands Recovery, LLC, an oil sands extraction technology company with an oil sands lease and proprietary oil sands extraction technology based in Utah. Dr. Bailey has had extensive experience in the oil resource sector, with over 45 years experience in the petroleum industry, which includes the position of President of Exxon-Arabian Gulf, responsible for Exxon's interests in the Gulf Region. His background covers all facets of the oil business with assignments in engineering, management and executive positions in both upstream and downstream sectors. He is currently Chairman of Bailey Petroleum, LLC, BCM Energy Inc., Well Grounded Energy Inc. and Vanguard Energy Corp.
His former positions include Director of Exxon Qatar, Director of Abu Dhabi Onshore Oil Company, Assistant General Manager Abu Dhabi Onshore Oil Co., and Operations Manager of Qatar General Petroleum Corp., (Dukhan & Umm Said Operations). Dr. Bailey has also held various positions in the oil development sector in Qatar, Aruba and Libya. Dr. Bailey holds a PhD Degree from Columbia Pacific University, San Rafael, CA, Engineering Doctoral Studies, Lamar University, Beaumont, TX, MS Chemical Engineering, New Jersey Institute of Technology, Newark, NJ and BS Chemical Engineering University of Houston, TX. He is the author of a number of industry technical papers/articles, including 'The Future of Oil & Gas Developments,' 2010.
Dr. Bailey will play a key role in implementing MCW's plans to integrate its steadily growing fuel distribution enterprise with an emerging, proven oil sands extraction technology company. The Company's management team is confident that with Dr. Bailey's extensive industry experience, it is much closer to achieving its vision and goals of becoming one of North America's leading vertically-integrated oil and gas companies.
About the MCW Energy Group:
MCW Energy Group is a Canadian holding company with two principal portfolio companies: the California-based MCW Fuels, established in 1938, 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, MCW intends on becoming a profitable supplier of oil to several regional refineries. This new domestic source revenue 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