Osage Exploration and Development, Inc. reported earnings and production results for the full year ended December 31, 2014. For the year, the company reported net loss from continuing operations of $34,509,882 compared to $3,514,895 a year ago. Adjusted EBITDA was $7,610,861 compared to $4,254,153 a year ago. The company achieved revenue growth of 57.9%. Total revenues were $12,678,516, an increase of $4,649,428 compared to $8,029,088 for the year ended December 31, 2013.

For the year, the company's total production of oil equivalent was 213,274 barrels against 104,872 barrels a year ago.

Due to the violent contraction in oil prices during the fourth quarter of 2014, the company was forced to incur a non-cash asset impairment charge of $29,858,178.