Chelsea Oil and Gas Ltd. announced consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported revenues of $10,798 compared with $16,728 for the same period a year ago. Loss before tax was $198,617 compared with $21,183 for the same period a year ago. Net loss was $199,845 or $0.00 per basic and diluted share compared with $21,582 or $0.00 per basic and diluted share for the same period a year ago.

For the nine months, the company reported revenues of $38,010 compared with $58,206 for the same period a year ago. Loss before tax was $411,828 compared with $140,030 for the same period a year ago. Net loss was $414,747 or $0.01 per basic and diluted share compared with $150,759 or $0.00 per basic and diluted share for the same period a year ago.