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LevelStock.com Newsletter June 6th 2010.

BP PLC (NYSE: BP)

LMRP Containment Operation Deployed

Release date: 04 June 2010

BP announced today that oil and gas is being received onboard the Discoverer Enterprise following the successful placement of a containment cap on top of the Deepwater Horizon's failed blow-out preventer (BOP). This follows the cutting and removal of the riser pipe from the top of the BOP's lower marine riser package (LMRP).

It is expected to take one or more days for flow rates of oil and gas to stabilize and it is not possible at this stage to estimate how much oil and gas will be captured by this containment system.

All of these operations are complex, involve risks and uncertainties, and have to be carried out by remotely operated vehicles (ROVs) at 5,000 feet under water. Systems such as the LMRP containment cap never before have been deployed at these depths and conditions. The containment system's efficiency, continued operation, and ability to contain the oil and gas cannot be assured.

Preparations continue for the planned enhancements to the containment system as announced on June 1. Work continues on the first relief well, which started on May 2, and the second relief well, which started on May 16. Both wells are still estimated to take around three months to complete from commencement of drilling.

http://www.bp.com/genericarticle.do?categoryId=2012968&contentId=7062653

More BP News

BP capturing more oil from busted Gulf of Mexico well

http://www.reuters.com/article/idAFN0616929320100606?rpc=44

BP: Cap Collects 10,000 Barrels at Well

http://online.wsj.com/article/SB10001424052748704002104575290113945918450.html?ru=yahoo&mod=yahoo_hs

Read More about BP http://www.bp.com/bodycopyarticle.do?categoryId=1&contentId=7052055

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GreenHouse Holdings, Inc. (OTCBB:GRHU)

***Shaq and GreenHouse Take Ethanol to New Heights

http://www.youtube.com/greenhouseintl

GRHU Investment Highlights

***GRHU generated revenues of $4.5 million in the 2009 fiscal year based primarily on sales in San Diego, California.

***These strong sales have encouraged GreenHouse management to enter new markets in California by opening satellite offices throughout the state.

***GRHU plans to create a branding model for its green building business in which contractors around the country could leverage the GreenHouse name, expertise and suite of green building products to grow and expand their business.

*** GRHU offers a complete suite of products and services including Green Fiber Insulation, CoolWall Exterior Coating, state-of-the art solar applications, dual-pane windows, as well as residential, small industrial and governmental ethanol production and off-the-grid power solutions.

About GreenHouse Holdings, Inc.

GreenHouse is a San Diego, California based global energy solutions and ethanol fuel provider. The company develops sustainable and eco-friendly infrastructure that can be rapidly deployed establishing the standard for delivering sustainable self-sufficiency to the world. Its three primary business segments--GreenHouse Builders, GreenHouse Energy and GreenHouse Community--address broad markets from homeowners and the building industry to corporations, governments, and Third World countries. GreenHouse offers consumers effective home improvement products that improve the environment and benefit homeowners financially through lower energy bills and reduced maintenance expenses. Energy production includes scalable ethanol refineries including the revolutionary at-home E-Fuel Microfueler(TM), the GridBuster (which combines with the MicroFueler to convert ethanol into electricity) to large-scale fleet operations. All ethanol is produced from non-corn based organic waste.

For more information www.greenhouseintl.com

Stay Tuned. Happy Trading !

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