GED Global Energy

RNS Number:2302S
Global Energy Development PLC
14 April 2008


For Immediate Release                                              14 April 2008



                         GLOBAL ENERGY DEVELOPMENT PLC


                              BORAL 1 WELL SPUDDED


Global Energy Development PLC (the "Company"), the Latin America focused
petroleum exploration and production company (LSE-AIM: "GED"), is pleased to
announce that the Boral 1 exploratory well within the Colombian Rio Verde
contract was spud on 11 April 2008 and drilling has commenced.


The Boral 1 well is being drilled vertically to an anticipated total depth of
approximately 12,400 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.


Once drilling operations are complete at the Boral 1 well, the rig will be
mobilised directly to the Tilodiran 3 development well. The Company recently
reported an increase of 30% in Tilodiran field proved reserves based upon the
continued favourable production performance of the Tilodiran 2 well.


For further information:


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

Landsbanki Securities (UK) Limited                    +44 (0) 20 7426 9000
Fred Walsh / Sebastian Jones


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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