EXHIBIT 99.1

Environmental Oil Processing Technology Corporation (OTC: "EVOP") news release -
September 20, 2001.



ENVIRONMENTAL  OIL PROCESSING  TECHNOLOGY  CORPORATION  SUED BY FORMER OWNERS OF
SUBSIDIARY TO RESCIND ACQUISITION


Nampa,  Idaho,  September 20, 2001 -  Environmental  Oil  Processing  Technology
Corporation  (the "Company") (OTC Bulletin Board:  EVOP) announced today that it
had recently received notice that a civil action was filed on August 29, 2001 in
the U.S. District Court for the District of Colorado by the former owners of the
Company's  wholly  owned  subsidiary,  Project  Development  Industries,  L.L.C.
("PDI"). The plaintiffs are seeking a judgment declaring that the Share Purchase
Agreement (the "Agreement")  entered into in August 1999 by the parties and that
resulted in the  Company's  acquisition  of PDI, was validly  rescinded and that
such Agreement is null and void, and as a result of such rescission  plaintiff's
be  restored  to their  original  position of  ownership  of PDI.  In  addition,
plaintiffs  are asking for  injunctive  relief  that the  Company  return to the
plaintiffs the ownership interests in PDI. The individual  plaintiffs  currently
own  approximately  7 million shares of common stock of the  Corporation and are
maintaining that they should retain ownership of such shares after the return of
the ownership  interest of PDI. The Corporation  has defenses and  counterclaims
available to it in this matter, which it intends to actively pursue.

In addition,  on August 28, 2001, the Corporation  received the resignation from
the Board of Directors of Mr. Grayson Evans,  Chief Executive Officer of PDI and
one of the individual plaintiffs in the civil action described above.

ENVIRONMENTAL OIL PROCESSING  TECHNOLOGY  CORPORATION,  with its headquarters in
Nampa, Idaho, has developed a process and facilities,  which virtually minimizes
waste oil disposal, as it is known today. Their plant utilizes proven technology
to convert  waste oil into  environmentally  friendly  products  such as naphtha
(gasoline),   #2  diesel,   electrical   power,   residuum   burner  fuel,   and
co-generation.

CONTACT: N. Tod Tripple of Environmental Oil Processing Technology  Corporation,
208-463-0063, fax 208-463-7601, or email,