New Concept Energy, Inc. Reports Second Quarter 2015 Results

DALLAS--(BUSINESS WIRE)--New Concept Energy, Inc. (NYSE MKT: GBR), (the “Company” or “NCE”) a Dallas-based oil and gas company, today reported net income for the three months ended June 30, 2015 of $110,000 or $0.06 per share, compared to a net loss of $99,000 or $0.05 per share for the three months ended June 30, 2014. Included in 2015 was income for a recovery of bad debt expense of $384,000.