GLRI Profile — Glori Energy Inc
Glori Energy is an energy technology and oil production company that deploys its Activated Environment for Recovery of Oil (AERO) Technology to increase the oil that can be produced from oil fields. Co.'s AERO System technology stimulates the microorganisms that reside in the reservoir to improve the recoverability of the trapped oil. Co. owns and operates oil fields onshore where it deploys its technology, and markets the AERO System as a technology service to exploration and production companies. For the year ended Dec 31 2015, Co.'s total proved reserves were 703 thousand barrels of oil equivalent, consisting of 695 thousand barrels of crude oil and 51.0 million cubic feet of gas.
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Strong Buy (4.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on data provided by Zacks Investment Research via Quandl.com |