Global Energy Development plc reported unaudited consolidated earnings results for the six months ended June 30, 2015. For the period, the company's revenue was $217,000 against $348,000 a year ago. Loss before taxation was $2,810,000 against $2,540,000 a year ago.

Loss from continuing operations, net of tax was $2,514,000 or $0.07 basic and diluted per share against $4,078,000 or $0.11 basic and diluted per share a year ago. Loss and total comprehensive income attributable to the equity holders of the parent was $1,467,000 or $0.04 basic and diluted per share against profit of $1,237,000 or $0.03 basic and diluted per share a year ago. Net cash flows used in operating activities was $3,942,000 against net cash flows generated from operating activities of $5,168,000 a year ago.

Purchase of property, plant and equipment was $88,000 against $3,587,000 a year ago.