03:24 PM EST - ProSep Inc. : said it was awarded a $3.5-million U.S. contract to provide gas membrane equipment to a large independent North American oil and gas company. This system will be used for enhanced oil recovery in Texas. This membrane equipment, designed to reduce CO2 content in natural gas from 94% to below 10%, will produce an upgraded CO2 stream for use in CO2 flooding associated with enhanced oil recovery activities. Delivery is scheduled for the third quarter of 2010. ProSep Inc.
shares T.PRP are trading down $0.01 at $0.17.
