Brief: Glori Energy Q2 adjusted loss per share $0.10

Glori Energy

07/08/2015 11:00

Aug 7 (Reuters) - Glori Energy Inc  GLRI.O : 
 * Reports second quarter 2015 operating and financial results 
 * Q2 revenue $2.6 million versus $5.6 million 
 * Q2 adjusted loss per share $0.10 excluding items 
 * Q2 loss per share $0.15 
 * Protracted low oil price market combined with the recent dip in oil prices 
   may result in a more active acquisition market 
 * Expect to see reversal of natural production decline in portion of coke field 
   over the next two to four months 
 * Says revenues from oil, condensate and natural gas decreased $1.5 million to 
   $2.1 million in the second quarter of 2015 
 
* Source text for Eikon  ID:nPn1Hw1W6  
 
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