RNS Number:8835P
Global Energy Development PLC
12 March 2008


For Immediate Release                                         12 March 2008






                         GLOBAL ENERGY DEVELOPMENT PLC



                                RIG MOBILISATION



Global Energy Development PLC (the "Company"), the Latin America focused
petroleum exploration and production company (LSE-AIM: "GED"), is pleased to
announce that rig mobilisation has commenced to the Company's Boral 1
exploratory well within the Colombian Rio Verde contract, with mobilisation
expected to take approximately four weeks.



The Boral 1 well is expected to be drilled vertically to a total depth of
approximately 12,200 feet to test the Gacheta and Ubaque formations, with both
these formations present in the nearby Tilodiran field.  The Company retains a
100% working interest in the Boral 1 well and is the operator.



For further information:


Global Energy Development PLC                              +44 (0) 20 7763 7177
Catherine Miles, Company Secretary                           +44 (0) 7909918034
www.globalenergyplc.com

Landsbanki Securities (UK) Limited                         +44 (0) 20 7426 9000
Jeff Keating / Fred Walsh





The information contained within this announcement has been reviewed by Mr.
Stephen Newton, Managing Director of the Company.  Mr. Newton holds a Mining /
Petroleum Engineering degree from the University of Queensland, Brisbane and a
Master of Science Petroleum Engineering degree from Imperial College London. He
is a member of The Society of Petroleum Engineers ('SPE').




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

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