North Sea Energy Inc. reported earnings results for the year ended December 31, 2014. For the year, the company reported revenue of CAD 4,087 and net loss of CAD 6,087,250 or CAD 0.103 per basic and diluted share against revenue of CAD 2,131,616 and net loss of CAD 14,456,877 or CAD 0.247 per basic and diluted share for the same period a year ago. Loss before income tax expense was CAD 6,087,250 against CAD 14,456,877 a year ago.