Check out the volume on GLRI today. This company only has 32 million shares.
They hosted a luncheon for us a few months ago, so I have it on my watch list. I was very impressed by the CEO.
Glori Energy (GLRI)
Glori Energy (GLRI)
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Glori Energy (GLRI)
Glori Energy Inc., an energy technology and oil production company, provides services to third party exploration and production companies in North America and Brazil. It operates through Oil and Gas, and AERO Services segments. The Oil and Gas segment produces and develops oil and natural gas interests. The AERO Services segment offers biotechnology solutions of enhanced oil recovery through a two-step process, including analysis phase, reservoir screening process that obtains field samples and evaluates potential of AERO system; and field deployment phase that deploys skid mounted injection equipment. Glori Energy Inc. was founded in 2005 and is headquartered in Houston, Texas.
http://glorienergy.com/company/about/
http://glorienergy.com/company/about/
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Glori Energy (GLRI)
I am hoping these guys can hang on. The EOR business model is a bit slow moving, it taking awhile for treatments to take effect, so the benefits of higher oil prices are going to be achieved slowly. Fingers crossed.