Glori Energy, an energy technology and oil production company focused on enhanced oil recovery using its proprietary AERO System, has announced the appointment of Kevin Guilbeau as interim CEO. Guilbeau will also continue in his current role as executive chairman of the board.
In addition, Eric Neuman, current Glori director, has been appointed co-chairman of the board.
Stuart Page resigned as the company's CEO and as a member of the board of directors effective June 8. Page will continue as a senior advisor to the company.
Guilbeau said, "I am pleased to step up my role in helping Glori Energy realize its potential. We have some exciting projects going forward, with Phase II AERO implementation at the Coke field, our application to the Department of Energy's Loan Programs Office and the planned acquisition and restart of abandoned oil fields we call Phoenix projects."
Guilbeau has over 34 years of E&P experience. Most recently he was president and CEO of Gulf Coast Energy Resources, which he founded in 2010 and led from a private equity start-up through growth via acquisitions and exploration until it merged with Talos Energy in March 2015.
Prior to founding Gulf Coast Energy Resources, Guilbeau was executive V.P. and COO for LLOG Exploration Company from 2006 until 2009, with responsibility for leading offshore E&P operations in the Gulf of Mexico and onshore operations along the Gulf Coast. - News From Houstontopics from