SOURCE: Global Enviro Solutions Inc.

December 09, 2009 09:00 ET

Green Oasis Environmental Inc. (GRNO) Announces Acquisition of Custom Carbon Processing Inc. (CCP) and New Website to Share Information With Shareholders

EDMONTON, AB--(Marketwire - December 9, 2009) - Green Oasis Environmental Inc. (PINKSHEETS: GRNO), carrying on business as Global Enviro Solutions Inc., an environmental solution provider in the multi-billion dollar industry of the remediation of slop oil, waste engine oil, and tank bottom oils, announced today that it has finalized its acquisition of Custom Carbon Processing Inc. and launched its new corporate and investor relations website at

This new website ( will serve as a medium to share all of the company's relative information with GRNO current and future shareholders. The site, which will be updated constantly, will include information such as descriptions of the company's products and services, its new business model, background on its industry, key people and their expertise, some of the companies GRNO is working with and links to the company's information and press releases.

"This new site should prove to be extremely valuable to anyone who is interested in GRNO -- it will give a clear picture of who we are, where we came from, where we're headed, and that which will set us apart from the competition!" said Peter Margiotta, Chief Executive Officer of Green Oasis Environmental Inc.

"We felt that it was important to make sure that the latest information about our company is just a mouse click away for our shareholders, this bodes well for anyone that is considering investing in our company. I believe this new corporate and investor relations website will help everyone to get a clearer picture of GRNO and that anyone who visits our site will be impressed with what we are doing and the direction we are heading," continues Mr. Margiotta.

Green Oasis recently announced that it has launched a new business model, which the company believes could significantly boost its revenues. Under this new model, the company will 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. This technology is state of the art, and 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.

Green Oasis Environmental Inc. also announces that it is has formally completed its acquisition of Custom Carbon Processing Inc. (CCP) and information is now available on CCP on its newly launched website at


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 current facility has the capabilities of processing up to 1,500 barrels of slop oil per day, 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 ( 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. Last year CCP processed tens of thousands of barrels of slop-oil and was able to convert that to saleable finished crude oil that the Company sold to Shell Trading (US) Company. "Now that CCP is a wholly owned subsidiary of GRNO we are looking forward to expanding and improving our operations so that it is more efficient and profitable as well as mobile," stated Peter Margiotta.

Safe Harbor

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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