SOURCE: Global Envirosolutions, Inc.

July 12, 2010 07:30 ET

GRNO's Wholly Owned Subsidiary Custom Carbon Processing Inc. to Process Slop Oil From Texas Location 12 Months a Year

Location Anticipated to Generate Over One Million Dollars in Annual Revenue

EDMONTON, AB--(Marketwire - July 12, 2010) -  Green Oasis Environmental, Inc. (PINKSHEETS: GRNO), a Florida corporation, is pleased to announce its wholly owned subsidiary Custom Carbon Processing Inc. (CCP) has entered into a venture agreement with an established oil company. Under this agreement, infrastructure has been made available to CCP located in North Eastern Texas in order to set up equipment and process slop oil 12 months out of the year. In exchange for the use of this infrastructure, CCP will provide profit sharing from the revenue generated at the location. This location is anticipated to generate over one million dollars in annual revenue.

This site was previously a Reclamation Plant. Current infrastructure remains in place and usable, allowing for CCP to quickly set up equipment and begin processing as a new Oil Reclamation Plant. CCP has obtained the preliminary Operator Number from the state of Texas and is now proceeding to apply for the final permit.

This venture agreement is anticipated to provide CCP with another infusion of revenue.

Our facility will operate within a few miles of where the majority of the largest oilfield head offices are located. This will provide our company with great exposure allowing us to further expand our operational capabilities.

Peter Margiotta, President/CEO of Green Oasis, states, "With the Texas location anticipated to be up and running in the near future, and using our state of the art equipment to further our recycling abilities, we will be able to set up a 'vapor recovery' system which will allow us to recapture light end gasses which flash off once heat is applied. We will then use these recaptured gasses as a fuel source to operate the boiler."

Mr. Margiotta further stated, "In addition to our vapor recovery system, we will feature new processing equipment which are more durable, more efficient, and has the ability to process oil at an estimated rate of up to 45 gallons per minute (GPM). This is of course dependant upon the type of product being processed."

About Green Oasis Environmental, Inc.

Green Oasis Environmental, Inc. (PINKSHEETS: 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.

Green Oasis -- "Green today for a stronger tomorrow"

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 current facility has the capabilities of processing 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 is currently planning expansion of its processing technology into Montana and North Dakota, 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

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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