Glori Energy Inc. Stock Analysis GLRI

Glori Energy Inc. engages in oil and gas exploration activities. The company is headquartered in Houston, Texas and currently employs 35 full-time employees. The company went IPO on 2012-09-20. The firm deploys its AERO technology to raise the amount of oil that can be produced from conventional oil fields. The firm owns and operates oil fields onshore in the United States, as well as provides its technology as a service to exploration and production (E&P) companies globally. The Company’s AERO System recovers residual oil by stimulating a reservoir's native microorganisms to raise the recovery. The Company’s segments include Oil and Gas, and AERO Services. Oil and Gas segment is engaged in the production and sale of oil and natural gas. AERO Services segment provides biotechnology solutions of enhanced oil recovery through a two-step process consisting of the Analysis Phase and the Field Deployment Phase.