Glori Energy (GLRI) Misses Q2 EPS by 7c

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Go back to Glori Energy (GLRI) Misses Q2 EPS by 7c

Glori Energy Reports Second Quarter 2015 Operating and Financial Results

August 7, 2015 6:00 AM EDT

HOUSTON, Aug. 7, 2015 /PRNewswire/ -- Glori Energy Inc. (NASDAQ: GLRI), an energy technology and oil production company focused on enhanced oil recovery using its proprietary AERO® System, today reported financial and operating results for the three months ended June 30, 2015.  Recent highlights include:

Acquired Bonnie View Field in South Texas in June with the intent to recover millions of additional barrels of oil using our AERO technology. Commenced injection of AERO System nutrients at our Coke Field in mid-July, our first significant deployment in our own oil... More