News | July 13, 2009

ProSep To Supply Proprietary Technologies For BP, Conoco Phillips And Maersk

Montreal /PRNewswire-FirstCall/ - 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.

"Our Norwegian-developed compact mixing technology is a highly efficient patented process that improves separation of crude components such as produced water, oil and gas in the production process. As the oil and gas industry looks to enhance production and recovery in increasingly challenging environments, our lightweight and compact process solutions are gaining market recognition," said Jacques L. Drouin, President and CEO of ProSep Inc. "These applications reduce the need for chemical or wash-water consumption and provide less pressure drops, all important economical and environmental features that make this technology an attractive solution for enhancing both upstream and downstream treatment activities."

ProSep will supply a ProSalt mixer system for ConocoPhillips' Wilhelmshaven refinery on the North Sea coast of Germany, one of Europe's largest oil refineries. The ProSalt, scheduled to be delivered by the end of the fourth quarter of 2009, will be used to optimize flow conditions by improving injection and mixing of wash-water and optimizing the existing crude desalting process.

ProSep will also supply a ProScav injection mixer for the Skarv FPSO operated by BP Norge AS, the largest field currently in development offshore Norway. A second ProScav injection mixer will be supplied for the Maersk Olie og Gas AS operated HBD Platform topside and jacket Halfdan Phase IV development project in the Danish sector of the North Sea. Both units are expected to be delivered by the end of the fourth quarter of 2009 and will be used to efficiently inject and mix a scavenger chemical to optimize removal of H(2)S from natural gas at these offshore production facilities.

About ProSep Inc.

ProSep Inc. is dedicated to providing process solutions to the 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.prosepinc.com.

Caution concerning forward-looking statements

This press release may contain forward-looking statements, including statements regarding the business and anticipated financial performance of ProSep Inc. These statements are based, among others, on the Company's current assumptions, expectations, estimates, objectives, plans and intentions regarding projected revenues and expenses, the economic and industry environments in which the Company operates or which could affect its activities, the Company's ability to attract new clients and consumers as well as its operating costs, raw materials and energy supplies which are subject to a number of risks and uncertainties. Forward-looking statements can generally be identified by the use of the conditional tense, the words "may", "should", "would", "believe", "plan", "expect", "intend", "anticipate", "estimate", "foresee", "objective" or "continue" or the negative of these terms or variations of them or words and expressions of similar nature. Actual results could differ materially from the conclusion, forecast or projection stated in such forward-looking information. These statements are subject to a number of risks and uncertainties that may cause actual results to differ materially from those contemplated by the forward-looking statements. Some of the factors that could cause such differences include but are not limited to the Company's ability to develop, manufacture, and successfully commercialize value added equipments and services, the availability of funds and resources to continue its operations and pursue its projects, legislative or regulatory developments, competition, technological change, changes in government and economic policy, inflation and general economic conditions in geographic areas where ProSep Inc. operates. These and other factors should be considered carefully and undue reliance should not be placed on the forward-looking statements.

SOURCE ProSep Inc.

Copyright [2009] PR Newswire. All Rights Reserved

Copyright 2009 PR Newswire. All Rights Reserved