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GRNO Reports 2010 Revenue on Target to Reflect 100% Increase Year Over Year, 50% Decrease in Expenses, With $4 Million in Assets Owned Free and Clear
Request for Slop Oil Processing Accelerating at Record Rate in 4th Quarter . Companies:GREEN OASIS ENVRNMNT.Related Quotes Symbol Price Change GRNO.PK 0.08 -0.01 {"s" : "grno.pk","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00", "o" : "","j" : ""} Press Release Source: Green Oasis Environmental On Friday December 10, 2010, 4:15 pm EST EDMONTON, AB--(Marketwire - 12/10/10) - Green Oasis Environmental Inc. (Pinksheets:GRNO - News), a Florida corporation, is pleased to announce its wholly owned subsidiary Custom Carbon Processing Inc. (CCP) has experienced a strong year. With slightly more than 2 weeks remaining in 2010, revenues are on target to increase by 100 percent year over year with expenses decreasing by 50 percent. During the fourth quarter of 2010 slop oil processing has continued to accelerate with current and new clients. This acceleration is paving the way for a record year in revenue and net income for 2011. Currently, GRNO has 4 million dollars in assets owned free and clear. "During the last 12 months, we have experienced strong revenue growth while reducing expenses by 50 percent. As indicated in the 2009 financial statements recently filed with our 8-K/A, our year end expense was $1.4 million. Much of the expense was due to a one-time charge attributed to the shutdown of a plant and restructuring. We allocated $500,000 to ensure our facilities were operating at efficient levels. 2010 financials will reflect a drop in operating expense, which will in turn increase our bottom line, also known as net income," stated Peter Margiotta, President/CEO. Mr. Margiotta further stated, "We are focusing on having our 2010 fiscal year financial statements audited and are planning on releasing each quarter into the market as it is completed, and it is part of our goal to keep our investors and the public updated, while maintaining a strong and fundamentally sound company. We anticipate 2011 to be a record year in revenue and net income due to the continued increased in customers, slop oil processing, sale of slop oil, rising oil prices and substantial reduction in operating expenses in 2010." Green Oasis -- "Green today for a stronger tomorrow" 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 (Shell in the U.S. - United States). 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 (News from the Bakken Oil Play in North Dakota) and Three Forks plays, said to be two of the largest oil plays in North America |
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GRNO's Wholly Owned Subsidiary Custom Carbon Processing Inc. Reports Revenues for Month Ending December 2010 Surge to a Record $600,000
CCP Recycles Over 12,000 Barrels of Raw Slop Oil Share retweet EmailPrint..Companies:GREEN OASIS ENVRNMNT.Related Quotes Symbol Price Change GRNO.PK 0.08 0.00 {"s" : "grno.pk","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00", "o" : "","j" : ""} Press Release Source: Green Oasis Environmental On Wednesday January 12, 2011, 4:01 pm EDMONTON, AB--(Marketwire - 01/12/11) - Green Oasis Environmental Inc. (Pinksheets:GRNO - News), a Florida corporation is pleased to announce its wholly owned subsidiary Custom Carbon Processing Inc., (CCP) has not only had a huge finish to 2010, but has also managed to have its single best month ever in both revenue and oil production. CCP is pleased to announce a strong finish to 2010 with a record setting December. Within the month of December, CCP recycled over 12,000 barrels of raw slop oil material. The result is a record month of revenue and oil production with just over 6,000 barrels of high quality-pipeline grade oil. This translates into approximately $500,000 of revenue from oil sales at a year high of $78.02 per bbl. CCP retained an additional $100,000 of revenue from processing fees. "Normally at this time of year things slow down almost to a complete standstill as winter processing in Wyoming is a very tough prospect at best. However, with the addition of a new, well-structured facility in Montana, along with improvements made to our Wyoming facility we were able to come up big for our year end," stated president/CEO Peter Margiotta. Green Oasis -- "Green today for a stronger tomorrow" 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 (Shell in the U.S. - United States). 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 (News from the Bakken Oil Play in North Dakota) 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 HOME or contact Investor Relations at (877) 207-3370. |
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A New Audio Interview with Peter Margiotta, President and CEO of Green Oasis Environmental Inc., Matt Campbell - Project Manager for CCP Wyoming, and Mark Hurst - Project Manager for Montana is now at SmallCapVoice.com
AUSTIN, Texas, Aug. 8, 2011 /PRNewswire/ -- SmallCapVoice.com, Inc. announced today that a new audio interview with Green Oasis Environmental Inc. (Pinksheets: GRNO), a Florida corporation, is now available. The interview can be heard at 8-3-11 Audio Interview with Green Oasis Environmental Inc (Pink Sheets: GRNO) | SmallCapVoice.com SmallCapVoice is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its clients' financial news releases. SmallCapVoice also offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools like stock charts, stock alerts, and Company Information Sheets can assist with investing in stocks that are traded on the OTC QB, OTC QX and OTC Pink. To learn more about SmallCapVoice and their services, please visit Small Cap Stock & OTC Investor Relations, Financial Public Relations. To sign up for the free small cap stock newsletter, The Small Cap Daily, please visit The Small Cap Daily - Small Cap Newsletter Green Oasis -- "Green today for a stronger tomorrow" |
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GRNO's Wholly Owned Subsidiary Custom Carbon Processing Inc. Reports Highest Oil Production in Company History
Oil Production for the Month of July Breaks Previous Record by Approximately 1,700 bbls EDMONTON, AB--(Marketwire - Aug 5, 2011) - Green Oasis Environmental Inc. (PINKSHEETS: GRNO), a Florida corporation, is pleased to announce its wholly owned subsidiary Custom Carbon Processing Inc., (CCP) is currently making oil at a faster than expected rate. Oil production at this pace, as well as high stock levels, has netted CCP the best production month ever. With most of the finished oil coming from the Wyoming location, CCP produced approximately 7,200 bbls of finished, high-grade oil. CCP is also pleased to announce that it has entered into a reclamation contract with a Wyoming company to process oil on an ongoing basis for the foreseeable future. "This year has seen its share of complications which have caused production to begin later than anticipated due to harsh weather and road closures. The delays caused by these conditions have been out of our control but do not affect our outlook for the year. Current stock levels of oil are at the highest we have seen. This does not include current production, and after having a record month, we are anticipating our strongest summer ever," stated Peter Margiotta - President/CEO. The next oil boom is happening now in the State of Wyoming, in the southern part of the State, but is slowly moving north, and CCP is right in the heart of where this boom is headed. |
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GRNO's Wholly Owned Subsidiary, Custom Carbon Processing Inc., Exploring Additional Revenue Through Licensing and Shipping of Reclamation Plants in the Middle East
EDMONTON, AB, Aug 30, 2011 (MARKETWIRE via COMTEX) -- Green Oasis Environmental Inc. (PINKSHEETS: GRNO), a Florida corporation is pleased to announce its wholly owned subsidiary, Custom Carbon Processing Inc. (CCP), has been looking into the opportunity to do business in other countries as international companies continue to take interest in CCP's processing capabilities and technology. In the past few years, CCP has been approached by several companies who have expressed an interest to work with CCP. These firms have requested to establish a facility in which they could process the slop oil that has built up to "problematic" levels in their oil fields. There is verified sampling and research that indicates vast amounts of barrels of slop oil waiting to be remediated. "Prior to the general unrest in the Middle East and the various countries, including Yemen, we were negotiating a transaction to establish an oil reclamation facility in Yemen. A Memorandum of Understanding (MOU) had been entered into and we were following up with ongoing negotiations. As the safety of our personnel and of our equipment is important to our Company, we decided to suspend negotiations until such time as the conflict was resolved and we were able to continue our negotiations. We are now looking at our options in the setting up of a plant in Yemen, and we continue those negotiations. This will include the licensing, transportation and setup at the particular site. Pursuant to the MOU, we were to provide training and operational experience and expertise to the individuals who would be operating the equipment, and providing the appropriate safety manuals and operation manuals for this expansion. We are hopeful that we can continue these negotiations to increase the profitability of our Company and, of course, limit the dangers in these foreign entities," stated Peter Margiotta - President/CEO of Green Oasis. |
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GRNO - MACD chart shows an upward momentum breaking out into positive range suggesting that many people still keep buying the stock at the dips! Given the resilient RSI value coupled with a string of great company's news we can expect nothing but a trend reversal looming on horizon. GRNO is currently trading at its lower end and could explode any time now with nothing but buys going through the ask today: http://bit.ly/neWSsK
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