LONDON (Alliance News) - Global Energy Development PLC Wednesday said it has completed all the subsurface pre-stimulation operations on the Catalina #1 wellbore in its Bolivar Association Contract Area in South America and will shortly commence the surface stimulation operations on the well. < Read More

Global Energy Development Commences Rig Mobilisation At Catalina #1

19th May 2014 11:42

LONDON (Alliance News) - Global Energy Development PLC said Monday that the rig mobilisation has commenced to the Catalina #1 well in its Bolivar Association Contract in the Magdalena Valley in Colombia. The Latin America-focused petroleum exploration, development and production company sai Read More

Global Energy Sells 50% Interest In Bocachico Contract Area To Everest

8th May 2014 13:53

LONDON (Alliance News) - Global energy Development PLC Thursday said it is selling a 50% interest in its Bocachico association contract area, to Everest Hill Energy Group Ltd. The Bocachico association contract area is in the Middle Magdalena Basin in Colombia. The Latin America-focus Read More

DIRECTOR DEALINGS: Global Energy Development Non-Executive Purchases Shares

16th Apr 2014 09:04

LONDON (Alliance News) - Global Energy Development PLC said Wednesday that non-executive Director David Quint purchased 15,000 shares at a price of 68.5 pence per share on Tuesday. Quint now holds 135,000 shares, representing a 0.37% stake in the Company. Global Energy Development sha Read More

Global Energy Development To Start Rig Mobilisation At Catalina 1 Well

15th Apr 2014 15:17

LONDON (Alliance News) - Global Energy Development PLC Tuesday said it expects to start rig mobilisation late in the second quarter at its Catalina 1 well, where it plans to test the Simiti formation in the Bolivar Association Contract located in the northern section of the Magdalena Valley in Co Read More

Global Energy Development 2013 Revenue Hit By Oil Prices, Lower Volume

28th Mar 2014 13:25

LONDON (Alliance News) - Global Energy Development PLC Friday said that revenues fell in 2013 due to lower oil pricing and decreased productions volumes during the year, although it increased its pretax profit, helped by lower general and administrative costs. Global Energy Development is a Read More

UK MIDDAY BRIEFING: London's Capital Markets Continue Recovery

10th Mar 2014 14:04

LONDON (Alliance News) - London's capital markets continued a resurgence Monday as two more companies announced that they intend to list, another started trading, and AIM-listed <strong>Fyffes PLC</strong> said it would be acquired by Chiquita Brands International Inc of the US in a deal that Read More

Global Energy Development Signs Farm-Out With Everest Hill Energy

10th Mar 2014 12:23

LONDON (Alliance News) - Shares in Global Energy Development PLC rose Monday morning after the company said its has signed a farm-out agreement with Everest Hill Energy Group Ltd for its Bolivar association contract area in Colombia. The Latin American-focused petroleum exploration and prod Read More

UK WINNERS & LOSERS: Mining Stocks Among The Biggest Fallers

10th Mar 2014 12:07

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday. ------- FTSE 100 - WINNERS Rolls-Royce Holdings, up 2.9%. The group is the biggest riser on the blue-chip index after it said after the UK equity market Read More

Global Energy Development Increases Reserves In Colombia

30th Jan 2014 11:13

LONDON (Alliance News) - Global Energy Development PLC Thursday said it has increased its overall proved, probable and possible reserves. The petroleum exploration, development and production company with operations in Colombia said the UK report showed that its proved net reserves increase Read More

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