Glori Energy (GLRI) Tops Q3 EPS by 7c

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Go back to Glori Energy (GLRI) Tops Q3 EPS by 7c

Glori Energy Reports Third Quarter 2015 Operating and Financial Results

November 6, 2015 6:00 AM EST

HOUSTON, Nov. 6, 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 September 30, 2015.  Highlights include:

AERO deployment at Coke field continuing as planned. Field production stable since early deployment with no decline in rate. Phase II AERO implementation in Coke field initiated. Work starting in November to add three to four AERO injection sites around the field via recompletion of... More