03:38 PM EST - ProSep Inc. : announced it was awarded additional funding to pursue the development of its proprietary gas dehydration technology "ProDry" under a Joint Industry Project (JIP) carried-out with Total, Statoil and ConocoPhillips. The JIP partners together with The Research Council of Norway provided additional funding of approximately $400,000) to pursue a Phase IV pilot testing project, an extension of Phase III announced on May 28, 2009. ProSep Inc.
shares T.PRP are trading up $0.01 at $0.11.
