Chelsea Oil and Gas Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported royalty income of $3,799 compared to $5,739 a year ago. Net loss before tax was $117,603 compared to $129,544 a year ago. Net loss was $117,799 compared to $129,544 a year ago. Cash outflows from operating activities were $16,529 compared to $77,405 a year ago. Net exploration and evaluation expenditure was nil against $114,490 a year ago. For the nine months, the company reported royalty income of $60,287 compared to $60,287 a year ago. Net loss before tax was $391,750 compared to $315,357 a year ago. Net loss was $392,347 compared to $317,845 a year ago. Cash outflows from operating activities were $86,566 compared to $126,975 a year ago. Net exploration and evaluation expenditure was $8,459 against $121,162 a year ago.