Press Release Archives 2008December 18, 2008
ProSep Provides a Corporate Update
Wins new customer; Adds to existing agreement; Increases Sales Backlog
MONTREAL, QUEBEC – ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, today provided an update on recent sales, marketing and customer activities that will result in a growing roster of customers, expanded use of one of its proprietary technologies and a higher sales backlog. 
November 17, 2008
ProSep Awarded $1.2 Million (U.S.) Contract
Expands to new markets and grows sales backlog to $30 million
MONTREAL, QUEBEC – ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announced today that it has been awarded a $1.2 million (U.S.) contract to provide a double-ended, single-stage desalter that removes salt from crude oil to Hunt Refining, a petroleum refining and marketing company headquartered in Tuscaloosa, Alabama.
November 12, 2008
ProSep Reports Third Quarter 2008 Results
Building profitability and significant revenue growth
MONTREAL, QUEBEC – ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, today announced its financial results for the three and nine-month periods ended September 30, 2008.
November 11, 2008
ProSep and Fondaction Amend Terms of Debenture
Provides Additional Funds to Support Current Growth
MONTREAL, QUEBEC – ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announced today that it agreed with Fondaction (le Fonds de développement de la Conféderation des syndicats nationaux pour la coopération et l’emploi) to amend the terms of the $4,000,000 Unsecured Debenture held by Fondaction, originally issued on October 26, 2007 and maturing on April 1st, 2013.
November 3, 2008
Notice of ProSep Third Quarter Results Conference Call
MONTREAL, QUEBEC – ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, will release its 2008 third quarter results on Wednesday, November 12, 2008 after 5:00 p.m. (EST).
October 20, 2008
ProSep awarded $2.32 million (U.S.) in Venezuela
Company’s natural gas treatment solutions to support PDVSA’s expansion project
MONTREAL, QUEBEC – ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announced today that it has been awarded a $2.32 million (U.S.) contract to support a new commercial initiative by PDSVA, Venezuela’s state-owned energy company.
October 16, 2008
ProSep Signs $1.7 Million (U.S.) Contract in Malaysia
Continues to Build on South East Asia Successes
MONTREAL, QUEBEC – ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announced today that it has been awarded a $1.7 million (U.S.) contract to provide a Fuel Gas Conditioning Skid and Seal Gas Conditioning Skid to Powertium Engineering Sdn Bhd.
October 14, 2008
ProSep to present at TSX/SDTC CLEANTECH Investor Day
MONTREAL, QUEBEC – ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announced today that Jacques L. Drouin, President and Chief Executive Officer, will present at the Toronto Stock Exchange and Sustainable Development Technology Canada (SDTC) Cleantech Investor Day on Thursday, October 16, 2008.
September 25, 2008
ProTalk Fall 2008
ProSep Inc. news and information bulletin
September 25, 2008
ProSep receives Deloitte Technology Green 15 Award
Technology helps oil and gas companies create pure oil, gas and water
MONTREAL, QUEBEC – ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announced today that it has received a Deloitte Technology Green 15 Award in recognition of its suite of technology solutions that deliver improved efficiencies and reduced costs to upstream production activities while addressing environmental concerns.
September 15, 2008
ProSep Provides Corporate Update
Delivers two TORR water treatment systems; Houston facilities undamaged by Hurricane Ike
MONTREAL, QUEBEC – ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announced today that it has agreed to provide its proprietary TORR water treatment system to Fores Engineering, a subsidiary of Rosetti Marino, a provider of engineering and construction services to oil and gas companies around the world.
September 10, 2008
ProSep awarded $1.1 Million Contract with Mexico's State-Owned Oil Company
PEMEX to use ProSep's proprietary desalting technology
MONTREAL, QUEBEC – ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announced today that it has signed a contract valued at $1.1 million (US) with PEMEX, Mexico’s oil and gas company and the eleventh largest integrated national oil company in the world. ProSep will provide its proprietary ProSalt Mixer System that facilitates the separation of water and crude oil while ensuring the removal of corrosive salt content from process equipment.
August 13, 2008
ProSep Reports Second Quarter 2008 Finanacial Results
Quarter marked by revenue growth of 61% and first-ever positive EBITDA
MONTREAL, QUEBEC – ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, today announced its financial results for the three and six month periods ended June 30, 2008.
August 6, 2008
ProSep Provides Corporate Update
Increases Sales Backlog; Schedules Q2 results conference call
MONTREAL, QUEBEC – ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announced that it has signed new contracts with customers in each of its business units totaling $2 million in value.
July 31, 2008
ProSep Appoints Chief Financial Officer
MONTREAL, QUEBEC – ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announced today the appointment of Patrice Daignault as chief financial officer and corporate secretary effective September 2, 2008.
July 23, 2008
ProSep Appoints New, Highly Regarded Director
David Laidley brings 40 years of finance, strategy and management experience
MONTREAL, QUEBEC – ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announced today that David Laidley, chairman emeritus of Deloitte & Touche LLP, has been appointed to the Company’s board of directors.
July 9, 2008
ProSep Signs $3.3 Million Contract
Company makes major breakthrough in South East Asia
MONTREAL, QUEBEC – ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announced today that it has signed a contract with Powertium Sdn Bhd and Malaysia Marine and Heavy Engineering Sdn Bhd, a wholly-owned subsidiary of Petronas, valued at $3.3 million (CDN).
July 7, 2008
ProSep Awarded Multi-Million Dollar Contract
Expands Relationship with Worley Parsons and BP Exploration Alaska
MONTREAL, QUEBEC – ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announced today that it has expanded its relationship with Worley Parsons and BP Exploration Alaska, and signed a new contract valued at $4.83 million (US).
May 23, 2008
ProSep announces ticker symbol change to “PRP”
MONTREAL, QUEBEC – ProSep Inc. (TSX: PRP, formerly TOR) ("ProSep" or the “Company”), dedicated to providing process solutions to the Oil and Gas industry, today announced that the Company’s common shares and common share purchase warrants are traded under the new stock symbols “PRP” and “PRP.WT” respectively, effective at the start of trading on May 23, 2008 on the Toronto Stock Exchange.
May 14, 2008
ProSep Reports 2008 First Quarter Results
MONTREAL, QUEBEC – ProSep Inc., formerly known as TORR Canada Inc. (TSX: TOR) ("ProSep" or the “Company”), dedicated to providing process solutions to the Oil and Gas industry, today reported its financial results for the first quarter ended March 31, 2008.
April 29, 2008
TORR Canada Announces Results of Annual and Special Meeting
MONTREAL, QUEBEC – TORR Canada Inc. (TSX: TOR) ("TCI" or the “Company”), dedicated to providing process solutions to the Oil and Gas industry, announces the results of its Annual and Special Meeting held earlier today.
April 28, 2008
TORR Canada Awarded US $13 Million Contracts to Supply Gas Separation Equipment in North America
MONTREAL, QUEBEC – TORR Canada Inc. (TSX: TOR) ("TCI" or the “Company”), dedicated to providing process solutions to the Oil and Gas industry, today announced that its American business unit, ProSep Technologies, Inc., has been awarded two contracts to supply CO2 gas membrane separation units for a total value of approximately US $13 million.
April 24, 2008
TORR Canada announces the closing of a $5,090,000 Private Placement
MONTREAL, QUEBEC – TORR Canada Inc. (TSX: TOR) ("TORR"), dedicated to providing to raise $5,090,000. Industrial Alliance Securities Inc. and Versant Partners Inc. acted as agents for the transaction.
April 21, 2008
TORR Canada Awarded US $11 Million Contract by Al-Rashed Company in Kuwait
MONTREAL, QUEBEC – TORR Canada Inc. (TSX: TOR) ("TCI" or the “Company”), dedicated to providing process solutions to the Oil and Gas industry, today announced that its American business unit, ProSep Technologies, Inc., has been awarded a contract by Al-Rashed Company, a leading contractor in Kuwait, to supply a complete crude oil processing train for separation, dehydration, and desalting to Kuwait Oil Company’s (KOC) Ratqa and Abdali Early Production Facility (EPF) in northern Kuwait, for a total value of approximately US $11 million.
April 8, 2008
TORR Canada Awarded Additional US $1.44 Million Contract with Worley Parsons and BP Exploration Alaska
MONTREAL, QUEBEC – TORR Canada Inc. (TSX: TOR) ("TCI" or the “Company”), dedicated to providing process solutions to the Oil and Gas industry, today announced that its American business unit, ProSep Technologies, Inc., has been awarded an additional contract with Worley Parsons to supply first stage discharge and second stage suction scrubber equipment to BP Exploration (Alaska), for a total value of US $1.44 million.
March 12, 2008
TORR Canada Reports Fiscal 2007 Year End Results
MONTREAL, QC - TORR Canada Inc. (TSX: TOR) ("TCI" or the "Company"), dedicated to providing process solutions to the Oil and Gas
industry, today reported unaudited selected financial results for the fiscal year ended December 31, 2007, representing only six months of operations. The Company changed its fiscal year end from June 30 to December 31.
January 31, 2008
TORR Canada Provides Corporate Update
MONTREAL, QUEBEC – TORR Canada Inc. (TSX: TOR) ("TCI" or the “Company”), dedicated to providing process solutions to the Oil and Gas industry, today provided an update on developments and milestones achieved since its acquisition of Pure Group AS in October 2007.
January 28, 2008
TORR Canada Awarded Engineering Contract by Worley Parsons and BP Exploration
MONTREAL, QUEBEC – TORR Canada Inc. (TSX: TOR) ("TCI" or the “Company”), dedicated to providing process solutions to the Oil and Gas industry, today announced that its American business unit, ProSep Technologies, Inc, has been awarded a contract by Worley Parsons to provide services to BP Exploration (Alaska).
January 23, 2008
TORR Canada Appoints New General Manager for European & Middle-Eastern Operations
Company continues implementation of operating efficiencies and cost synergies
MONTREAL, QUEBEC – TORR Canada Inc. (TSX: TOR) ("TCI" or the “Company”), dedicated to providing process solutions to the Oil and Gas industry, today announced the appointment of Mr. Petter Hovland, P.Eng. as President of ProPure AS and General Manager of this new business unit that will combine European and Middle-Eastern markets, formerly ProPure AS Norway and TORR Middle-East operations. |
