Glori Energy Announces Collaboration with the Winogradsky Institute of Microbiology of the Russian Academy of Sciences

HOUSTON--(BUSINESS WIRE)--

Glori Energy, a leader in sustainable, enhanced oil recovery and provider of the AEROTM (Activated Environment for Recovery of Oil) System, today announced the signing of a strategic research collaboration with the Winogradsky Institute of Microbiology of the Russian Academy of Sciences. The collaboration will focus on the microbiology of carbonate oil reservoirs. Shared knowledge and research will be used to develop effective enhanced oil recovery methods to be used in carbonate reservoirs and complement Gloris AERO System.

The collaboration builds on Gloris strategy of identifying leaders in the field of enhanced oil recovery research around the world and engaging in collaborative ventures to advance Gloris product offerings. Glori has already successfully employed this strategy with Norways Statoil and Indias TERI (The Energy and Resources Institute in New Delhi). The Winogradsky Institute collaboration represents another important step in advancing Gloris mission of sustainably and efficiently recovering billions of barrels of unrecovered oil.

The Winogradsky Institute is pleased to be working in collaboration with Glori Energy to study the microbiology of carbonate oil reservoirs, said Academician Mikhail V. Ivanov of Moscows Winogradsky Institute. Scientists at the Institute have a long history of studying microbes for use in enhanced oil recovery and then applying this knowledge to field programs throughout the world. We are confident that the collaboration with Glori will lead to further successes in extracting more oil from carbonate reservoirs around the world.

Glori Energy is excited to be working in collaboration with the Winogradsky Institute, said Thomas Ishoey, Chief Technology Officer of Glori Energy. We identified their groundbreaking work in enhanced oil recovery from carbonate reservoirs several years ago as they completed numerous successful field deployments in Russia and China. We expect to drive their success to the next level to complement our AERO System, broadening its applicability to encompass nearly 90% of the worlds reservoirs.

About Glori Energy

Glori Energys mission is to sustainably and efficiently recover billions of barrels of oil trapped in reservoirs using existing oil wells. Glori partners with oil producers to significantly increase their oil production through the deployment of its AERO (Activated Environment for Recovery of Oil) System. The system makes use of existing non-potable water sources, optimizing the water quality to activate and sustain the indigenous reservoir microbial life with the desired metabolic activities. The AERO System provides a new, viable option to recover previously trapped oil with minimal new footprint or investment. For more information visit: http://www.GloriEnergy.com.

About the Winogradsky Institute

Since itsfoundation,theInstitute of Microbiologyof the Russian Academy of Scienceshas been the leading scientificinstitution in Russia in the field of general and petroleum microbiology, microbial ecology, and biotechnology of microorganisms. The Institutes researchers are internationally known for their work on microbiological methods for leaching metals from base ores, enhancement of oil recovery, purification of solid waste and sewage, reduction of methane concentrations in coal mines, and production medical products from fungi. The Institute has nearly 120 scientists on staff.

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Glori Energy Announces Collaboration with the Winogradsky Institute of Microbiology of the Russian Academy of Sciences

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