Petroteq is a tar sands scam.

Posted on June 18, 2018 by craphaelc

Utah leadership welcomes another tar sands scam

Another tar sands scam? In Utah the false “hope” of billions of barrels of oil in tar sands and oil shale rocks is the real gold mine for a sleezy few. Consqently many companies have come and gone in the continuous pursuit of tar sands and oil shale “billions” in the remote Tavaputs Plateau of Eastern Utah. Much of this land is part of the Uncompahgre Reservation. SITLA is controlling and leasing this land on behalf of the beneficiaries who are Utah School Children.

Bird trapped in tar seep from abadoned tar sands site near PR Springs Utah.

Who benefits?

The people who really benefit are SITLA board members and the companies they run. The Governor Dirty Herbert (who appoints the board and the director of SITLA) and his friends also benefit. Many of the Utah State legislators and their friends benefit. Local politicians benefit in Vernal and Uintah county. The list is long.

So much money has been invested in foolish and wasteful efforts to turn rocks into oil. Although certain people have made a lot of money from this fraud certainly most folks have lost and local communities have suffered bust and boom cycles in addition to corrupt politics, pollution and failed strip mines.

Utah leadership meets with petroteq scammer

Tar Sands scam operator from Petroteq meet with Utah Senator Van Tassel and the office of Energy Development.

Meet MCW now Petroteq chairman in the middle of this photo. Val Hale with the Utah department of energy development is shown with Utah senator Kevin Van Tassell. Legitimacy for this tar sands scam is created as a result of the visit from state officials. MCW was shown to be tresspassing on SITLA land after failing to make the lease payments to the trust shortly after this ribbon cutting .

Utah senator Kevin Van Tassell is currently proposing legislation to funnel CIB money over to his really good friend Misscarriage Mckee.

MCW energy recently changed names to Petroteq They have a lot to hide. See the complaint I made in 2016.

MCW trespass settlement

Lease termination

page 23 of 33

MCW Oil Sands Recovery, LLC
18653 Ventura Blvd., Suite 158
Tarzana, CA 91356
LEGAL DESCRIPTION:
Township 4 South, Range 20 East, SLB&M
Section 24: SW¼NE¼ (within)
Beginning at a point on the West line of the SW¼NE¼ of Section 24, T4S, R20E, S.L.B.&M. which bears
S00°03’30″W 2188.08′ from the North ¼ Corner of said section, thence N80°35’23″E 106.99′; thence N88°14’24″E
76.21′; thence N56°09’04″E 111.45′; thence N86°57’01″E 170.56′; thence S29°35’37″E 178.54′; thence
N70°59’42″E 112.54′; thence S70°12’47″E 51.67′; thence S34°34’27″E 50.92′; thence S17°52’02″W 43.46′; thence
S65°08’33″W 148.83′; thence S21°42’48″E 29.29′; thence S63°06’47″W 303.14′; thence N75°54’48″W 196.38′;
thence N62°12’16″W 134.03′ to the said west line of the SW¼NE¼; thence N00°03’30″E 244.96′ to the point of
beginning. Basis of bearings is the North-South ¼ section line of the said section which is assumed to bear
S00°03’30″W. Contains 4.79 acres.
The lease administrator has had this legal description reviewed by the GIS Group.
COUNTY: Uintah ACRES: 4.79 FUND: School

SPECIAL USE LEASE NO. 1838 (TERMINATION) (COTNINUED)
The Director has issued a Final Agency Action terminating Special Use Lease No. 1838 effective October 3, 2016. The
lessee is MCW Oil Sands Recovery, LLC (“MCW”). The SULA 1838 was issued effective July 1, 2016, for the purpose
of constructing, operating, and maintaining an oil sands processing facility.
Paragraph 10.4(a) of the lease required that MCW provide the Agency with a good and sufficient bond or other
acceptable financial guarantee to guarantee MCW’s performance of all covenants and obligations under SULA 1838, in the
amount of $200,000, to be filed with the Agency within 30 days of the commencement date of the lease. The deadline for
submission of the required bond was July 30, 2016. The required bond was not received by SITLA by the July 30, 2016
deadline.
Pursuant to Paragraph 11.1(a) of the lease, on August 18, 2016, the Agency sent a certified notice of default to MCW,
notifying MCW that they were in default of the terms and conditions of the lease regarding the bonding requirement set
forth in Paragraph 10.4(a) of the lease. The notice of default further notified MCW that they had 30 days from the date of
the notice to cure the default, and that if the default was not cured timely, the Agency would terminate the lease and exercise
its rights and remedies pursuant to SULA 1838. The deadline for MCW to cure the default was September 17, 2016.
MCW has failed to cure the aforementioned default prior to the September 17, 2016 deadline. Therefore, pursuant to
Paragraph 10.4(b) and Paragraph 11.2 of the lease, the Agency has terminated SULA 1838, effective October 3, 2016.
A certified notice of the final Agency action has been sent to MCW. If MCW wishes to appeal the action, they must
file a written petition within 14 days of the mailing date of the action, requesting that the Board of Trustees conduct an
adjudicative proceeding to review the Agency’s action. The written petition must be filed with the office of the Director
and contain the information set forth in Utah Admin. Code R850-8-1000. In the event that an appeal is not filed in the
applicable time period, the decision will become final and unappealable.
This item was submitted by Mr. Chris Fausett for record-keeping purposes.

Investor Warning tar sands scam

Posted on April 4, 2018 by craphaelc

Recently Petroteq has been creating press releases and has put out PAID SPONSORED articles on energy websites stating they can produce oil at $20 a barrel. With the price of oil above $45 for the second half of 2016 and averaging about $50 in 2017, why couldn’t they ramp up production of their low-cost $20 a barrel oil? The reason is simple… they can’t produce oil anywhere near $20 a barrel.

Investor warning tar Sands scam! Petroteq is seeking investors to prop up their sketchy project.

In 2017 MCW energy changed names to Petroteq. They have a lot to hide. See the complaint I made in 2016.

MCW trespass settlement

Investor Warning tar sands SCAM, Petroteq near Vernal Utah.

investor warning tar sands scam Petroteq energy

Petroteq tar sands facility is using a diesel generator while claiming to be green house gas free.

excerpts from this article explain the concerns well. I have seen first hand the fraud occurring on land leased from SITLA for tar sands and oil sands strip mining.

https://srsroccoreport.com/biggest-breakthrough-energy-investor-warning/

“the more research I did on Petroteq and its competitors, the more I was convinced that the company’s claims were too good to be true due to old fashion EROI economics as well as several RED FLAGS.

How so? Well, let’s first start off with first Red Flag that takes place in many small-cap companies. And by that, I am referring to the oldest trick in the book… changing the name of the company. Petroteq Energy was previously called MCW Energy Group. On May 4th, 2017 the company announced the name change:”

Formal Complaint and Request for Action Against MCW Energy Group

Posted on March 18, 2016 by craphaelc

I submitted this complaint to the following agencies yesterday afternoon.

Utah Division of Air Quality, Utah Division of Water Quality, Utah Department of Environmental Quality, and Utah DOGM Minerals Regulatory Program.

I will post an update when I get some responses.

COMPLAINT:

This letter is a formal complaint and request for action by Raphael Cordray, personally, and behalf, Utah tar Sands Resistance (UTSR).

This complaint alleges that MCW Energy is operating a tar sands processing plant near Vernal in violation of State and Federal environmental laws and regulations. MCW Energy is performing unlawful activity by building and operating a tar processing facility without environmental permits.

My search of public records reveals that no current permits are existing as required by law and for public safety. This Tar Processing facility is adjacent a residential area putting homes and families at risk.

MCW has no Air pollution control permit.

MCW has no Storm Water discharge permit

MCW has no NPDES Process Water discharge permit

MCW has no permit for RCRA Waste Streams yet appears to create RCRA waste streams

There are chemicals and processes on site that require permitting and regulation yet the MCW facilities and tar processing operations are currently unpermitted and unregulated.

MCW stands to gain a huge financial benefit from this illegal activity by placing human health and the environment at risk. MCW is defrauding investors by making numerous false claims on their website.

MCW has used public leaders including, Kevin Van Tassel and Governor Herbert to create an illusion of legitimacy for this illegal project.

I am aware that a Right Of Entry (ROE) permit 6166 was issued to MCW on February 2nd by SITLA. I also reviewed the related “Final Agency Action” letter from Kevin Carter of SITLA to MCW dated Nov. 17 2015.

ROE 6166 executed contract

I am concerned about the content of the ROE. The ROE claims to authorize the dumping of process water by MCW tar processing facility in unlined pits on the site. Where is the public process and proper environmental impact research in an ROE? A tar sands factory needs more than an ROE to operate yet state of Utah records indicate that MCW has been operating illegally on this site for years.

The ROE permit 6166 states:

“SITLA authorizes and approves Permittee’s use, storage and disposal of Produced Water on the Permitted Property.”

SITLA does not regulate produced water. How & Why are they “authorizing” it?

We request that you take immediate action and close this illegal operation. We demand that the environmental impacts to our air, water and the land from this toxic experiment be disclosed and addressed. We formally request that ALL relevant laws and rules be effectively applied and enforced to this project.

Please contact me if you need any further information.

I look forward to your responses.

Sincerely,

Raphael Cordray, personally and for,

Utah Tar Sands Resistance

A message to potential MCW Energy investors: #NOTARSANDS

Posted on October 1, 2014 by Utah Tar Sands Resistance

Turns out MCW Energy, another Canadian tar sands strip-mining company, was “unveiling its proprietary, oil sands extraction technology near Vernal, Utah” today.

According to MCW’s press release: “The occasion will be marked with a ribbon-c…utting ceremony and a demonstration of MCW’s extraction plant on MCW’s lease site at Asphalt Ridge, near Vernal, Utah. Many local dignitaries, Utah State officials and the corporate MCW team are scheduled to be in attendance at this benchmark resource development event.”

Come chipmunks and land defenders marked the occasion by greeting all of those dignitaries, officials and corporate tools to boos & hisses as they arrived at the company’s processing plant.

“We will continue to stand against all tar sands mining in the region,” one chipmunk stated.

A message to MCW and their potential investors: you are investing in death, and we will not allow your project to move forward.

Second US Tar Sands Mine, Owned by Former ExxonMobil and Chevron Exec., Approved in Utah

Posted on November 21, 2012 by Utah Tar Sands Resistance

by Steve Horn (reposted from DesmogBlog)

MCW Enterprises Ltd., a Canada-based corporation, announced on Nov. 19 that it has received all necessary permits to streamline tar sands extraction at its Asphalt Ridge plant located in Vernal, Utah starting in December.

The announcement comes just weeks after U.S. Oil Sands Company received the first ever green light to extract tar sands south in the United States.

Recently changing its name from MCW Energy, MCW Enterprises Ltd. owns MCW Oil Sands Recovery LLC as a wholly owned subsidiary. The company’s CEO, R. Gerald Bailey – often also referred to as Raymond Bailey or Jerry Bailey – is the former President of Exxon Arabian Gulf and also served as an Executive for Texaco (since purchased by Chevron) for 15 years.

MCW‘s website explains that its stake in the Asphalt Ridge is a “proven/probable resource of over 50+ million barrels of oil” and that it “is seeking other oil sands leases in Utah, which contains over 32 billion barrels of oil within 8 major deposits.”

Bailey told Flahrety Financial News that he sees this first project as a crucible, or testing grounds, with the potential for more extraction to come down the road.

“This is really going to be a technology play,” he stated. “I don’t plan to build another Exxon out there in the desert.”

The Frac Sand Connection

In June 2012, Temple Mountain Energy (TME) – also based in Vernal, UT – cut a five-year oil sands supply agreement deal with MCW.

“Under this five year Supply Agreement, Temple Mountain will supply MCW with 8,333 tons of oil sands material per month until the year 2016,” MCW‘s website explains.

Once the bitumen is extracted, TME plans on selling the fine-grained sand under which it sits to unconventional oil and gas companies for hydraulic fracturing (“fracking”).

“The recent rapid expansion of shale gas and shale oil drilling…has greatly increased the need for fracking sand in this region,” TME wrote on it website. “Asphalt Ridge is well-positioned to serve this high-volume market—both in terms of geographic location and in terms of sand quality.”

To date, frac sand mining companies have targeted five states – Wisconsin, Minnesota, Texas, Arkansas, and Iowa – transforming tens of thousands of acres of land into “Sand Land.” Utah is soon to become number six.

Race for What’s Left: End of “Easy Oil,” Heavy Price to Pay

With domestic unconventional oil and gas wells under-producing, setting the stage for the shale gas bubble to burst, the push to extract tar sands in the United States is a depiction of the oil and gas industry’s reckless push to extract every last drop in a “race for what’s left.”

The age of “easy oil,” to borrow the term from scholar Michael Klare, is over. In a May 2012 interview with FutureMoneyTrends.com, Bailey acknowledged this as well, stating that the “cheap, easy oil is pretty much behind us.”

Bailey defines “cheap” here with regards to the price of extracting the “tough oil” from a production point-of-view.

But as the Alberta tar sands north of the border have shown, it’s the ecosystem and climate that really pays the heaviest price of all.

Update: Kate Finneran, Co-Director of Before It Starts told DeSmogBlog, “While this is still a pilot project, Before It Starts (a project of Living Rivers) will be keeping an eye on it. If they attempt to turn this into a full-scale mining operation, they will face a storm of opposition on the ground here in Utah.”