Glori Energy (GLRI) Provides Update on Operations, Recent Developments
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Glori Energy Provides Operations Update
March 9, 2016 6:00 AM ESTHOUSTON, March 9, 2016 /PRNewswire/ -- Glori Energy Inc. (NASDAQ: GLRI), an energy technology and oil production company focused on enhanced oil recovery using its proprietary AERO® System, today provided an update on its operations and other recent developments. Â
Commenced Phase II of AERO deployment at Coke Field with nutrient injection. Implemented further cost saving measures through rationalization of field operations, personnel reductions, office consolidation and reduction in the size of the Board of Directors. Invited to submit Part II application to the DOE loan guarantee program focused... More