Glori Energy Inc. announced the appointment of Kevin Guilbeau as Interim Chief Executive Officer. Mr. Guilbeau will also continue in his current role as Executive Chairman of the Board. In addition, Eric ("Rick") Neuman, current Glori Director, has been appointed Co-Chairman of the Board.

Stuart Page has resigned as the company's Chief Executive Officer and as a member of the Board of Directors effective June 8, 2016. Mr. Page will continue as a senior advisor to the company. Mr. Guilbeau has over 34 years of oil and gas exploration and production experience.

Most recently he was President and Chief Executive Officer of Gulf Coast Energy Resources, which he founded in 2010 and led it 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, Mr. Guilbeau was Executive Vice President and Chief Operating Officer 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. Mr. Neuman currently serves as a managing director of Hicks Equity Partners LLP, a position he has held since he joined the firm in 2005.

Previously, Mr. Neuman was a partner of Hicks, Muse, Tate & Furst, which he joined as a vice president in 1993 and became a partner in 2000. Mr. Neuman currently serves on the boards of Drilling Tools International Inc.; Just Brakes; DirecPath, LLC; Hemisphere Media; Crossings, LLC; and Intercable.