SOURCE: Green Oasis Environmental

May 09, 2011 07:00 ET

GRNO's Wholly Owned Subsidiary, Custom Carbon Processing Inc., Upgrades Salt Water Injection Facility and Increases Water Disposal Services

Waldo Facility Experiencing Continued Expansion

EDMONTON, AB--(Marketwire - May 9, 2011) - Green Oasis Environmental Inc. (PINKSHEETS: GRNO), a Florida corporation, is pleased to announce its wholly owned subsidiary Custom Carbon Processing Inc. (CCP) has made the decision to overhaul its salt water injection facility which is located near Wibaux, Montana. At the same time, the Waldo slop oil processing facility has expanded its operations by installing new equipment.

The Waldo facility has now installed additional equipment to give CCP the ability to process the variance of product currently being received. This will also allow CCP to process a higher amount of solids that come with tank bottoms, slop oils, and drilling fluids. These types of material take longer to process, and require more equipment to maintain efficiency. The benefits of these improvements are higher disposal fees and a higher volume of brokered material to the facility.

The Michels injection well is also primed for a busy year. Upgrades to this site will include increasing the tank infrastructure, implementing a more efficient oil skimming system, and re-structuring the piping. These upgrades will allow a higher capacity of water volume to be injected daily, optimal oil recovery, and year-round injection capabilities. In addition, multiple unloading terminals will be added to better serve our clients.

"With all of the drilling activities going on in the Northern part of Montana and North Dakota, injection wells are at capacity and are pressuring up along with the oil formations. This has forced drilling rigs to head south while waiting for pressures to recede, and has forced companies to look for alternatives for their current water disposal options. As it just so happens, we are situated right in the middle of where these rigs are heading, so it should lead to an excellent year," stated Mark Hurst - Project Manager for Montana Operations.

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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 recent expansion by opening a second facility in 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.

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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.

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