Azabache Energy Inc. announced earnings results for the three months ended September 30, 2014. During the quarter ended September 30, 2014, the company recorded a loss of $1,565,314 or $0.01 per share compared to a loss of $791,627 or $0.01 per share for the same period in the prior year. The main reason for the increased loss was exchange gains recorded in the quarter ended September 30, 2013 related to significant cash transfers to Argentina.