September 23, 2014 4:41 AM ET

Electric Utilities

Company Overview of Ciris Energy, Inc.

Company Overview

Ciris Energy, Inc. engages in the development, commercialization, and production of natural gas from low rank coals worldwide. It converts fossil sources of carbon, such as low rank coal to natural gas and other valuable chemicals. The company was founded in 2007 and is based in Centennial, Colorado with an additional office in Brisbane, Australia; and commercial projects in Wyoming and Australia.

9155 East Nichols Avenue

Suite 200

Centennial, CO 80112

United States

Founded in 2007

Phone:

303-649-2000

Fax:

303-649-2221

Key Executives for Ciris Energy, Inc.

Chief Executive Officer
Age: 56
Vice President of Finance and Controller
Chief Science Officer and Vice President
Director of Human Resources
Compensation as of Fiscal Year 2014.

Ciris Energy, Inc. Key Developments

Ciris Energy, Inc. Receives Second Underground Injection and Microbial Conversion Permits in Wyoming

Ciris Energy, Inc. announced that the Wyoming Department of Environmental Quality issued Underground Injection Control Permit #13-018 to Ciris. The 10 year permit allows for injections into an underground coal seam to enhance and restore naturally occurring methane generation. The permit for this project located in Campbell County, Wyoming, requires extensive monitoring both during and after injection operations. The permit also requires Ciris to maintain the water quality within the coal seam at existing quality levels. Further, on May 13, 2014, the Wyoming Oil and Gas Conservation Commission approved docket #500-2014, granting Ciris final approval for this microbial conversion project. Ciris Energy is the only company in the world fully permitted for continuous injection and circulation to restore microbial conversion of coal and produce clean burning natural gas. This permit allows for Ciris Energy's second microbial conversion project in Wyoming. Findings from these projects, combined with the latest research from their lab will further develop the in situ bioconversion process of coal.

Ciris Energy, Inc. Announces Management Changes

Ciris Energy, Inc. announced that Greg Jenkins, currently COO of the company, will assume the role of CEO effective August 16, 2013. Concurrently, Jay M. Short, PhD, the company's current CEO will become Chairman of the Board, while continuing to actively support the company's business and science activities. Mr. Jenkins has served as the company's Chief Operating Officer since November 2012. Dr. Short has been director of Ciris since the company's founding and has served as CEO since 2011.

Ciris Energy, Inc. Appoints Greg Jenkins as Chief Operating Officer

Ciris Energy, Inc. announced that Greg Jenkins is joining the company as the new Chief Operating Officer. Jenkins brings extensive experience from 30 years of leadership roles in the oil and gas industry. His primary focus will be the commercialization of the company's microbial coal to natural gas conversion technology that is currently undergoing late-stage testing in its first commercial scale project in the Powder River Basin of Wyoming. Previously, Ciris' In-situ Bioconversion (ISBC) technology has been shown in three separate pilot field studies to efficiently convert coal to natural gas using naturally occurring microbial communities. Jenkins' previous experience in the oil and gas industry has included the roles of Chief Executive Officer, President, Executive Vice President, and Chief Financial Officer of several corporations including Syntroleum Corporation, El Paso Corporation, Hadson Corporation, and Santa Fe Energy Company. Jenkins will oversee the operations of Ciris Energy in leveraging efficient technology to become a large-scale producer of natural gas.

Similar Private Companies By Industry

Company Name Region
RITELine Indiana, LLC United States
Odessa Power Holdings, LLC United States
Detroit Edison Trust II United States
Florida Progress Funding Corp United States
Accent Energy Group, LLC United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Ciris Energy, Inc., please visit www.cirisenergy.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.