UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): | June 29, 2015 |
Glori Energy Inc.
(Exact name of registrant as specified in its charter)
Delaware | 000-55261 | 46-4527741 |
(State or other jurisdiction | (Commission | (IRS Employer |
of incorporation) | File Number) | Identification No.) |
10350 Richmond Avenue | |
Suite 850 | |
Houston, TX | 77042 |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (713) 237-8880
4315
South Drive
Houston, Texas 77053
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 29, 2015, the Board of Directors of Glori Energy Inc. (“Glori Energy”) elected and ratified director Mr. Mark Puckett as its new Chairman of the Board. Mr. Puckett succeeds John U. Clarke, who resigned from Glori Energy’s Board on June 29, 2015 after four years of service to focus on other business commitments. Mr. Puckett, age 63, has served as an independent director of Glori Energy since April 2011.
Item 9.01. Financial Statements and Exhibits.
Exhibit 99.1. Press release dated June 30, 2015.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
GLORI ENERGY INC. (Registrant)
| ||
June 30, 2015 (Date) |
/s/ Stuart M. Page Stuart M.
Page |
Exhibit Index | ||
99.1 | Press release dated June 30, 2015 |
Exhibit 99.1
Glori Energy Announces New Chairman of the Board
HOUSTON, June 30, 2015 -- Glori Energy Inc. (NASDAQ: GLRI), an energy technology and oil production company focused on enhanced oil recovery using its proprietary AERO System, today announced the election of Director Mark Puckett as new Chairman of the Board. Mr. Puckett succeeds John U. Clarke, who is resigning effective June 29 from Glori’s Board after four years of service to focus on other business commitments.
“We are very grateful to John for his service to Glori over the last four years. He provided strong guidance as Glori expanded its scope and transitioned to a publicly traded company,” said Stuart Page, President and Chief Executive Officer.
“Mark’s extensive career in oil and gas upstream operations, combined with his expertise in new energy technology has been a tremendous asset for Glori,” added Page. “We welcome his leadership as we look to accelerate our growth through acquisition of oil fields that can be enhanced by deployment of our AERO technology.”
Mr. Mark Puckett has served as a member of Glori’s board since April 2011. He began his career at Chevron Corporation in 1973 and served in a variety of positions of increasing responsibility in exploration and production before retiring as President of Chevron’s Energy Technology Company in 2008, where he was responsible for managing the company’s technology resources across all business segments. He is a member of the Society of Petroleum Engineers and the Dean’s Advisory Council, College of Engineering at Texas A&M University. Mr. Puckett also serves on the board of directors of Concho Resources and is involved in private investments.
ABOUT GLORI ENERGY INC.
Glori Energy is a Houston-based energy technology and oil production company that deploys its proprietary AERO technology to increase the amount of oil that can be produced from conventional oil fields. Glori owns and operates oil fields onshore U.S. and additionally provides its technology as a service to E&P companies globally. Only one-third of all oil discovered in a typical reservoir is recoverable using conventional technologies; the rest remains trapped in the rock. Glori's proprietary AERO System recovers residual oil by stimulating a reservoir's native microorganisms to sustainably increase the ultimate recovery at a low cost. For more information, visit www.GloriEnergy.com.
Glori Energy Contact
Victor M. Perez
Chief Financial Officer
713-237-8880
ir@glorienergy.com
Investor Relations Counsel
Lisa Elliott/ Anne Pearson
Dennard-Lascar Associates
713-529-6600
lelliott@DennardLascar.com
apearson@DennardLascar.com
Media Contact
Meredith Frazier
BIGfish Communications for Glori Energy
513-402-8833
Meredith@bigfishpr.com
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