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PRP Purpose Conservative Income Fund

18.91
-0.02 (-0.11%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Purpose Conservative Income Fund TSX:PRP Toronto Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.02 -0.11% 18.91 18.75 19.08 0 22:00:00

ProSep Awarded $1.2 Million in Contracts

19/08/2013 1:00pm

Marketwired Canada


ProSep Inc. (TSX:PRP) ("ProSep" or the "Company"), dedicated to providing
process solutions to the oil and gas industry, today announced it was awarded
various orders for a total value of $1.2 million. Included in these awards is a
purchase order for the supply of a proprietary ProScav(TM) H2S scavenging unit.
This system is designed to efficiently and cost-effectively remove small amounts
of hydrogen sulfide from natural gas or liquids. Deliveries are expected to
occur before the end of the first quarter of 2014.


"When used in H2S removal, ProSep's novel injection and mixing technology allows
operators to reduce their chemical consumption by 30-40%, providing significant
savings and performance," said Jacques L. Drouin, President & CEO. 


ProScav(TM) is a system for injecting and mixing H2S scavenger chemical directly
in the pipeline to remove moderate amounts of H2S from gas or liquids.
ProScav(TM) utilizes the scavenger chemical more efficiently than do
conventional injection and mixing methods such as atomizing nozzles, quills and
static mixers. 


About ProSep 

ProSep is a technology-focused process solutions provider to the upstream oil
and gas industry. ProSep designs, develops, manufactures and commercializes
technologies to separate oil, water and gas generated by oil and gas production.
For more information, please visit www.prosep.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
ProSep Inc.
Investor Relations and Media:
Danielle Ste-Marie
VP Marketing & Corporate Development
(514) 522-5550 ext. 238
dste-marie@prosep.com

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