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NMC

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NMC

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Monday, 10/18/2010 11:54:37 AM

Monday, October 18, 2010 11:54:37 AM

Post# of 35802
Sept 23, 2010 PR

Green Oasis Environmental, Inc.'s (GRNO) Wholly Owned Subsidiary, Custom Carbon Processing, Inc. (CCP), Increases Annual Revenue
Green Oasis Envrnmnt (OTC) (USOTC:GRNO)
Historical Stock Chart
1 Month : September 2010 to October 2010

Green Oasis Environmental, Inc. (PINKSHEETS: GRNO), a Florida corporation, is pleased to announce that its wholly owned subsidiary Custom Carbon Processing, Inc. (CCP) has increased their forecast for annual revenue and gross profit at their Eastern Texas location.

Management now estimates the Texas project could generate total annual revenues of US$6 million per year. Approximately one-third of this amount, or US$2 million per year, will flow through to the Company as gross profit. These numbers are based on operating 24 hours a day, 21 days a month. Management anticipates processing approximately 800 barrels per day (BPD) and 16,800 barrels per month (BPM). CCP's final permit is anticipated to arrive shortly. Once final permit is received, management will bring in slop oil for processing.

Matt Campbell, V.P. Research and Development of Green Oasis, states, "During my most recent trip to our East Texas location, I was impressed by the amount of oil hauling trucks in the area. This location has been stated to be one of the top 3 oilfields in North America, with over 600 drilling rigs. There is definitely a lot of potential for great business."

Mr. Campbell further stated, "We anticipate being up and running in the near future and look forward to featuring our new processing equipment. This state of the art equipment has the ability to process oil at an estimated rate of up to 45 gallons per minute (GPM). Of course this is dependent upon the type of product being processed."



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