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Security Profile
- Security Type
- Common Stock
- CUSIP
- 379606106
- Market Cap
- Small Cap · $361 Million
Business: Glori Energy, Inc. is a technology focused energy company that applies its proprietary AERO System to oil fields in order to increase the amount of oil that can be economically recovered. Two-thirds of all oil discovered in a typical reservoir is unrecoverable using conventional production technology. Glori’s microbial technology stimulates a reservoir’s native microorganisms to improve the recoverability of this trapped oil. Glori provides its AERO System as a service to third party E&P companies, and also uses its technology to increase oil production in fields that it acquires and redevelops in the United States.
Notes: Effective April 14, 2014, Glori Energy Inc. completed a reverse merger transaction with Infinity Cross Border Corporation. Infinity had previously completed an initial public offering in July 2012 and traded under the ticker symbol INXB. The resulting surviving company was renamed Glori Energy Inc. and its ticker symbol is now GLRI.
Company Contact
- CEO
- Stuart Page
- CFO
- Victor Perez
- Headquarters
- 4315 South Drive, Houston, TX 77053
- Phone
- 713-237-8880
- Investor Relations
- 713-237-8880 · IR@glorienergy.com