Glori Energy develops and deploys the AERO™ (Activated Environment for Recovery of Oil) System to increase oil recovery from existing wells by optimizing non‑potable water to activate indigenous reservoir microbes. The company sells its AERO service and plans to expand that service business while acquiring shut‑in or low‑producing mature fields for redevelopment using its technology. Glori intends to deploy the system in acquired fields to demonstrate proven results that will drive product revenue and customer adoption. The AERO System aims to recover trapped oil with minimal new footprint or capital investment. The company emphasizes sustainable, efficient recovery leveraging existing wells and water sources. The article lists Houston as the company’s location in the announcement.

Total raised

$20M

Funding rounds

1

Latest round

Series C

Latest activity

Jan 2012