Great Basin Energies, Inc. reported earnings results for the year ended December 31, 2011. For the year, the company reported loss before income taxes of $36,593, net loss of $19,520 compared to the loss before income taxes of $24,377, net loss of $20,720 for the previous year. Net cash used in operating activities was $37,833 compared to the $42,864 for the previous year.