Green Oasis Environmental Inc. (PINKSHEETS:
GRNO), a Florida corporation, is pleased to announce its wholly
owned subsidiary, Custom Carbon Processing Inc. (CCP), has built a
brand new, state-of-the-art facility located eight miles southeast
of Wibaux, Montana. This Salt Water Disposal and Slop Oil
Reclamation Facility, now known as the "Michels Site," has recently
been established from the ground up, with plans for further
expansion in the future.
The Michels Site has always been a big part of the plan moving
forward for CCP. At one time this old oil producing well was
converted to a basic disposal well, and was in dire need of a
complete overhaul. CCP acquired the site and has taken it many
levels beyond.
As the Michels Site was not fit for the purpose oil reclamation,
nor was it up to CCP's standards, the process to upgrade the
facility was initiated in May of last year. Because of previous
neglect, the initial upgrades to the site included increasing the
tank infrastructure and completely replacing the piping and the
injection pump. However, due to the nature of the busy economy in
the area and intense drilling activity, a service rig was not
available until November of last year, temporarily putting
operations on hold. Once the service rig became available, the old
tubing was pulled out of the ground and 5,400 feet of new tubing
was installed. A new pump has replaced the old one, and the tank
capacity on site has been increased by 600%.
Click here to view the full listing of photos from Michels
facility.
With the Michels Site non-operational, while waiting to acquire
a service rig, big decisions were made. With our Waldo oil
reclamation facility just an hour north of the Michels Site, CCP
decided to capitalize on the opportunity to raise the efficiency of
both operations, which, in turn, would lower our overhead and we
believe substantially increase our profitability. The decision was
made to shut down the Waldo Site and combine the two facilities
into one flagship operation known as the Michels Salt Water
Disposal and Oil Reclamation Facility."
Peter Margiotta, President and CEO of Green Oasis Environmental
Inc., explained, "We've developed a state-of-the-art facility which
incorporates the very technology that we have been determined to
utilize and have only now been in the position to implement.
Usually there is a trade-off when making a decision such as this,
but for CCP, the opportunity presented itself and we seized it.
Although there has been a decrease of information released on this
new project until now, our focus was on the design and integrity of
the construction of this plant. While working on this project, slop
oil was continuing to be stored; now that construction is complete,
and with only minor details remaining, we are now able to maintain
a high level of oil production to coincide with a healthy water
injection business."
Mr. Margiotta further stated, "Having a facility such as the
Michels Site in Montana allows us to implement environmental
practices that are not currently utilized by most companies in the
injection and recovery business, and not only makes the process of
injection and recovery more efficient, it takes the safety and
preservation of our environment to the next level. The Michels Site
facility has become the model of CCP operations and the blueprint
for our facilities moving forward. The transformation of the
Michels Site was a major decision, and a costly one, but most
importantly, transforming the Michels Site was the right
decision."
Green Oasis - "Green today for a stronger
tomorrow"
About Green Oasis Environmental Inc.
Green Oasis Environmental Inc. (GRNO) is dedicated to acquiring
and providing access to world class technologies available today
and has chosen to focus its efforts on seeking acquisitions of
technology and/or operations concerning the remediation of slop
oil, waste engine oil, and tank bottom oils. GRNO has every
intention of becoming the single best option for reclaiming oil to
pipeline specification from these waste products. Through the
Company's state-of-the-art technology, GRNO will be able to process
these waste products at one of their facilities or at a customer's
site by way of implementing its portable processing technology.
About Custom Carbon Processing Inc.
Custom Carbon Processing Inc. (CCP) is a Wyoming-based Company
formed in 2006 that has been operating in the Gillette, Wyoming
area since its inception. Through the technology that CCP has
developed, CCP is able to process slop oil unrefined, non-saleable
oil into pipeline standard crude. Its first facility has proven its
capabilities to process up to 1,500 barrels of slop oil with a
conversion ratio of approximately 50% to finished crude. Through
its ongoing contract, CCP sells the processed slop oil to Shell
Trading (US) Company (www.shell.us). Shell Trading (US) Company is
a corporation that acts as the single market interface for Royal
Dutch Shell companies and affiliates in the United States with
offices in Houston, TX (headquarters); Dallas, TX; Denver, CO;
Midland, TX; and San Antonio, TX; and has an affiliated Shell
Trading company in Calgary, Alberta. Shell Trading buys and sells
more than five million barrels per day of hydrocarbons, is one of
the largest physical traders of hydrocarbons in the United States
and one of the world's largest energy trading companies.
In addition to its Wyoming facility, CCP has enjoyed the recent
opening of its Flagship facility known as the Michels Salt Water
Disposal and Oil Reclamation facility which is located near Wibaux,
Montana, home of the Bakken (www.bakkenblog.com) and Three Forks
plays, said to be two of the largest oil plays in North
America.
For more information on Green Oasis Environmental Inc. or Custom
Carbon Processing Inc., please visit
www.greenoasisenvironmental.com or contact Investor Relations at
(877) 207-3370.
Safe Harbor Statement
Statements about the Company's future expectations and all other
statements in this press release other than historical facts, are
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, Section 21E of the Securities Exchange
Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. The Company intends that such
forward-looking statements be subject to the safe harbors created
thereby.
The above information contains information relating to the
Company that is based on the beliefs of the Company and/or its
management, as well as assumptions made by any information
currently available to the Company or its management. When used in
this document, the words "anticipate," "estimate," "expect,"
"intend," "plans," "projects," and similar expressions, as they
relate to the Company or its management, are intended to identify
forward-looking statements. Such statements reflect the current
view of the Company regarding future events and are subject to
certain risks, uncertainties and assumptions, including the risks
and uncertainties noted. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
to be incorrect, actual results may vary materially from those
described herein as anticipated, believed, estimated, expected,
intended or projected. In each instance, forward-looking
information should be considered in light of the accompanying
meaningful cautionary statements herein. Factors that could cause
results to differ include, but are not limited to, successful
performance of internal plans, the impact of competitive services
and pricing and general economic risks and uncertainties.
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Contact: Investor Relations Taylor Capitol, Inc. Stephen Taylor
(877) 207-3370 info@thestockalerts.com
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