Green Oasis Reports on Montana Activity
Wednesday, 22 September 2010 07:08
Written by Press Room Green Oasis Environmental Inc., a Florida corporation, has announced that the Montana location of its wholly owned subsidiary Custom Carbon Processing Inc. (CCP) is now in full production and has produced 3,062 barrels of oil in its first month of operations.
The Waldo Processing Facility is CCP’s newest site in which processing operations are taking place. This site has been operating successfully since its inception, and has proven its capability to produce decent volumes of oil. Further additions are currently being made to this facility to ensure that processing operations can be maintained year round. The site is located in the Sidney area, and in Richland County.
Green Oasis Environmental, Inc. (GRNO) is dedicated to acquiring and providing access to world class technologies available today and focuses 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.
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. 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 and Three Forks plays, said to be two of the largest oil plays in North America.
“I am extremely pleased with the results of this facility so far, and am looking forward to continued production. Drilling activity is crazy in this area.We have multiple meetings in place with some of the largest companies in the area to negotiate the handling of their slop oil needs. Multiple trips have been planned as well,” stated VP of Research and Development Matt Campbell.
AI
