Press Release Archives 2009

November 12, 2009

ProSep Reports 2009 Third Quarter 2009 Financial Results
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, 2009. Read more Archived Audio Webcast

November 4, 2009

Notice of ProSep Third Quarter 2009 Results Conference Call
MONTREAL, QUEBEC - ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, will release its 2009 third quarter results on Thursday, November 12, 2009 at 6:00 a.m. (EST). Read more

October 7, 2009

ProSep to Supply US$13 Million Gas Treatment System to Ecopetrol
MONTREAL, QUEBEC - ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, today announced it was awarded a US$12.9 million contract to supply a CO2 gas separation membrane package to Ecopetrol S.A., Colombia's state-owned Oil and Gas exploration and production company. Read more

October 1, 2009

ProSep Ranked Fastest Growing Technology Company in Canada in the 2009 Deloitte Technology Fast 50TM
MONTREAL, QUEBEC - ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, today announced that it ranked first among the 2009 Deloitte Technology Fast 50TM.

August 24, 2009

ProSep Announces Closing of Rights Offering
For Total Gross Proceeds of $5 Million
MONTREAL, QUEBEC - ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announces the successful closing of its previously announced rights offering (The 'Rights Offering'). Read more

August 18, 2009

ProSep Reminds Shareholders of Rights Offering Deadline
MONTREAL, QUEBEC - ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, today reminded its Common Shareholders that pursuant to the previously announced Rights Offering, all holders of Rights must deliver their Rights Certificates along with the total Subscription Price to the Company's Subscription Agent, Computershare Investor Services Inc., before the Rights Expiration Time of 4:00 PM (local time at place of exercise in Canada) on the Expiration Date of August 20, 2009. Read more

August 13, 2009

ProSep Reports 2009 Second Quarter Financial Results
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, 2009. Read more

August 6, 2009

Notice of ProSep Second Quarter 2009 Results Conference Call
MONTREAL, QUEBEC - ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, will release its 2009 second quarter financial results on Thursday, August 13, 2009 at 7:00 a.m. (EST). Read more

July 16, 2009

ProSep Announces Closing of the Amendments to the Debentures
MONTRÉAL, QUÉBEC - ProSep Inc. (TSX: PRP) ("ProSep" or the "Company"), dedicated to providing process solutions to the oil and gas industry, today announced the closing of the previously announced amendments to the Company's existing debentures (the "Debentures") to convert $7,845,620 of indebtedness into common shares of ProSep (the "Common Shares") by amending the terms of the Debentures (the "Amendments"). Read more

July 14, 2009

ProSep Announces Filing of Final Prospectus for Rights Offering
To Raise a Maximum of $10,000,000 with a Minimum Commitment of $4,900,000 from a Group of Debenture Holders, Shareholders, Directors and Executive Officers
MONTRÉAL, QUÉBEC - ProSep Inc. (TSX: PRP) ("ProSep" or the "Company"), dedicated to providing process solutions to the oil and gas industry, today announced the filing of a final short form prospectus with securities regulators for the provinces of Québec, Ontario, Alberta and British Columbia in connection with the previously announced rights offering. Read more

July 8, 2009

ProSep to Supply Proprietary Technologies for BP, Conoco Phillips and Maersk
MONTREAL, QUEBEC - ProSep Inc. (TSX: PRP) ("ProSep" or the "Company"), dedicated to providing process solutions to the oil and gas industry, today announced it was recently awarded three contracts totaling approximately $1 million (CAD) to supply its proprietary mixing technologies for installation at BP Norge, Conoco Phillips and Maersk Olie og Gas operations. Read more

June 17, 2009

ProSep Announces Inititative to Strengthen Balance Sheet
MONTREAL, QUEBEC - ProSep Inc. (TSX: PRP) ("ProSep" or the "Company"), dedicated to providing process solutions to the oil and gas industry, today announced an initiative to strengthen its balance sheet. Read more

May 28, 2009

ProSep Awarded $1.4 Million by Three Super Majors to Develop New Proprietary Technology
Joint Industry-Funded Project in Partnership with Total, StatoilHydro and ConocoPhillips to Develop Cutting-Edge Gas Dehydration Technology
MONTREAL, QUEBEC - ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announced today it was awarded under a Joint Industry Project (JIP) agreement with Total, StatoilHydro and ConocoPhillips, a $1.4 million (CAD) contract for the final stage of development of the ProDryTM, a proprietary and innovative gas dehydration technology. Read more

May 14, 2009

ProSep Reports First Quarter 2009 Financial Results
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-month period ended March 31, 2009. All amounts are reported in Canadian dollars unless otherwise stated. Read more

May 6, 2009

Notice of ProSep First Quarter 2009 Results Conference Call & Annual Meeting of Shareholders
MONTREAL, QUEBEC - ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, will release its 2009 first quarter results on Thursday, May 14, 2009 at 6:00 a.m. (EST). Management will hold a conference call the same day, Thursday, May 14, 2009 at 8:00 a.m. (EST) to review the financial results and the highlights of the first quarter. Read more

April 29, 2009

ProSep CEO Jacques L. Drouin Receives Industry Recognition
Nominated to Oilweek Magazine's 2009 Rising Star
MONTREAL, QUEBEC - ProSep Inc. (TSX: PRP), a provider of process equipment to the oil and gas industry, was pleased to announce today that Jacques L. Drouin, President and Chief Executive Officer of the Company, has been named a Rising Star by Oilweek Magazine, profiling the industry's future leaders. Read more

April 23, 2009

ProSep Files Amended Management Proxy Circular & Annual Certificates
MONTREAL, QUEBEC - ProSep Inc. (TSX: PRP), announced today that at the request of the Autorité des Marchés Financiers ("AMF"), the Company amended and re-filed the Management Proxy Circular and Certification of Annual Filings filed on March 31, 2009. Read more

March 19, 2009

ProSep's Desalting Technology Receives Industry Recognition
Compact ProSaltTM technology receives 2009 Spotlight on New Technology Award
MONTREAL, QUEBEC - ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announced today it was awarded the Offshore Technology Conference (OTC) "2009 Spotlight on New Technology Award" recognizing innovative technologies significantly impacting offshore exploration and production. Read more

March 12, 2009

ProSep Reports Record Financial Results for 2008
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 twelve-month period ending December 31, 2008. Read more

March 5, 2009

ProSep Signs $2.1 Million (U.S.) Contract with Whiting Petroleum
Expands Relationship with Growing Independent Oil and Gas Company
MONTREAL, QUEBEC - ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announced today it was awarded a $2.1 million (U.S.) contract by Whiting Petroleum to provide an additional membrane unit to increase gas treatment capacity at their Wickett CO2 Removal Facility located in West Texas. Read more

March 3, 2008

Notice of ProSep Fourth Quarter and Year End 2008 Results Conference Call
MONTREAL, QUEBEC - ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, will release its 2008 fourth quarter and year end results on Wednesday, March 11, 2009 after 5:00 p.m. (EST). Read more

March 2, 2009

ProSep Signs $2.0 Million (U.S.) Contract in Malaysia
Supplying a Fuel Gas Package for PETRONAS' Tangga Barat Project
MONTREAL, QUEBEC - ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announced today it was awarded a $2.0 million (U.S.) contract to provide a fuel gas treatment system package to Powertium Engineering Sdn Bhd for installation at PETRONAS Carigali Sdn Bhd's Tangga Barat Central Processing Platform located offshore Peninsular Malaysia. Read more

February 23, 2009

ProSep Launches New Wave of Produced Water Treatment Systems
ProSep Now Offers a Complete Line of Solutions for the Treatment of Produced Water
MONTREAL, QUEBEC - ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, today announced the launch of a new line of conventional produced water solutions. Read more

February 12, 2009

ProSep Awarded $1.5 Million (U.S.) in New Contracts
Continue to Strengthen Relationships with Worley Parsons BP Alaska and Saudi Aramco
MONTREAL, QUEBEC - ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announces today it was awarded a $1.2 million (US) contract by Worley Parsons to supply a multiphase separator for BP Alaska. Read more

January 12, 2009

ProSep Signs $3.7 Million (U.S.)
MONTREAL, QUEBEC - ProSep Inc. (TSX: PRP), dedicated to providing process solutions to the oil and gas industry, announces that it has been awarded a $3.7 million (USD) contract by a major engineering, procurement and construction firm to supply fuel and gas seal packages that will be used in an off-shore project in Asia. Read more