RNS Number:0614C
Global Energy Development PLC
27 April 2006


Immediate Release                                                 27 April 2006


                         GLOBAL ENERGY DEVELOPMENT PLC

                           ANNUAL REPORT AND ACCOUNTS


Global Energy Development PLC ("Global" or the "Company") (LSE-AIM: "GED")
announces that the Company's Annual Report and Accounts for the year ended 31
December 2005, including a Notice of Annual General Meeting convening an Annual
General Meeting to be held on 24 May 2006 at noon at the offices of Norton Rose,
Kempson House, Camomile Street, London EC3A 7AN, are today being posted to
shareholders. Copies of these documents are available from the Company's
registered office located at 26 Dover Street, London W1S 4LY and also on the
Company's website, www.globaleneryplc.com.

For further information:


Global Energy Development PLC
Catherine Miles, director of Investor         +44 (0) 20 7763 7177
Relations                                     +44 (0) 7909918034


Notes to Editors:


Global, the Latin America focused petroleum exploration and production company,
has been listed on the AIM Market of the London Stock Exchange since March 2002.
The Company currently holds in excess of 5.2 million acres through nine
contracts in Colombia and Peru, an exclusive Technical Evaluation Agreement
("TEA") in Colombia and a concluded exclusive TEA in Panama. Global's portfolio
comprises production, developmental drilling and workover opportunities and
several high-potential exploration projects.









                      This information is provided by RNS
            The company news service from the London Stock Exchange

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