Call the Edmonton office and ask for Peter Margiotta(877-214-2882), he is the CEO and can certainly tell you of the Shell connection. IR can also answer that question. Mr Taylor can be reached at 1-877-207-3370 or you can read any Pr such as the one dated 1/19/2010 "letter of intent to purchase Two Salt Water Disposal Facilities in Montana" Most every pr refers to the agreement with Shell Trading. Not sure what else can be supplied here..the infomation is written in PR form and the numbers are available Oasis Environmental Inc Announces Letter of Intent to Purchase Two Salt Water Disposal Facilities in Montana
Date : 01/19/2010 @ 9:40AM
Source : MarketWire
Stock : Green Oasis Environmental Inc. (GRNO)
Quote : 0.39 -0.01 (-2.50%) @ 9:45AM
Green Oasis Environmental Inc Announces Letter of Intent to Purchase Two Salt Water Disposal Facilities in Montana
EDMONTON, AB -- (Marketwire)
01/19/10
Green Oasis Environmental Inc. (PINKSHEETS: GRNO), a Florida corporation which provides environmental remediation
solutions to the billion dollar North American market for the cleaning and
potential reuse of contaminated solids from slop oil and separating oil
from waste water, announced today that Custom Carbon Processing Inc.,
(CCP); one of its subsidiaries, has signed a Letter of Intent with a
Montana based Company to purchase two Salt Water Disposal facilities
(SWD's) located in the State of Montana. These SWD's are a natural fit to
CCP's oil processing operations.
The acquisition will not only provide revenue from disposal fees when water
is disposed at these locations, but also an infrastructure in the State of
Montana in which to set up oil collection depots. CCP's mobile oil
processing unit will travel to these sites on a regular basis or as needed
and will process the collected oil and sell it to Shell Trading.
The two salt water disposal facilities are located in the Wibeaux and
Sidney area's of Montana. Once CCP (a wholly owned subsidiary of Green
Oasis Environmental, Inc.) has completed this acquisition, Green Oasis will
provide more information on the forecast potential expected from these
operations as well as the benefits that this acquisition will have on CCP
and Green Oasis. CCP has been diligently working for approximately six
months on this acquisition and is expected to close the acquisition within
10 days.
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 (an 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
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