EMERALD BAY ENERGY INC

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Emerald Bay Energy Inc.  is an emerging oil and gas producer headquartered in Calgary, Alberta, Canada with production properties in South Texas, USA. To remain agile and adjust to market conditions, Emerald Bay has transitioned from a research and development entity to exploration and production...

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EMERALD BAY ENERGY INC

lockPrivateGroup

Emerald Bay Energy Inc.  is an emerging oil and gas producer headquartered in Calgary, Alberta, Canada with productio......

people162 Members       (0)

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Louis Paul replied to the press release 8020 Admin  update in EMERALD BAY ENERGY INC

5 minutes

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Hello Mike. Can you tell us if Kuhn A5 and Kuhn 3 will be equipped with the same pump? Will the equipment also pump up to 2,000 bbls/day? Thank you and have a good day. Louiskeyboard_arrow_downShow Post

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8020 Admin  posted an update in EMERALD BAY ENERGY INC

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / March 14, 2019 – Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") provided the following update on operations at the Bauer and Kuhn leases in South Texas.



  • At that the Bauer lease, the Company completed testing the Bauer wildcat well yesterday afternoon. The well was drilled to test the Edwards formation, and it has been determined that the Edwards is not commercially viable in this well. Additionally, the Company tested the Poth and Wilcox formations and determined that neither formation has commercial quantities of hydrocarbons.


The Bauer lease wildcat well was drilled in partnership with Cotulla Energy Resources Ltd. ("Cotulla"). Under terms of the agreement, 100% of the costs to drill and test the well were paid by Cotulla. Emerald Bay incurred no costs to drill and test the well.



  • At the Kuhn lease, the Company is in the process of upgrading the electrical capabilities of the lease to power the new pumps capable of lifting the increased fluid volumes brought on by the stimulations to the wells.


The wells were originally equipped with pumpjacks that limited them to total fluid flow rates of approximately 110 bbls/day each. To enhance production and maximize flow rates the wells were acid stimulated. Current estimates for flow rates are in excess of 2,000 bbls/day of total fluid per well. New lifting equipment, capable of flow rates near 2,000 bbls/day has been installed on Kuhn 4.


The electrical company has completed the installation of the new transformer, and Kuhn 4 is back on line. The Company is now working to optimize flow rates on Kuhn 4. Additionally, the Company is working to complete the electrical upgrade to Kuhn A5 to get that well back online. Updates on the Kuhn wells will be forthcoming as they become available.


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:

http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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patfest replied to the press release 8020 Admin  update in EMERALD BAY ENERGY INC

4 days

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Hi Mike, Shelby, and everybody at Emerald Bay, Let me clearly say I have the utmost respect for the work you are doing. I thought this was great news about Kuhn 4. Unfortunately, I've come to the conclusion a significant majority of the population doesn't read full press releases, but only the first few lines, including the people at Stockwatch apparently, who posted this headline... "Emerald Bay finds Edwards not commercially viable" With a headline like that, I'm not surprised to see the share price open at 1 cent. But I am disappointed. Unless it is your intention to 'shake the tree' and allow us dedicated investors to buy more shares below value;) ? Otherwise, maybe out the good news first? (I've sent a note to Stockwatch, btw). https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aEBY-2730733&symbol=EBY&region=Ckeyboard_arrow_downShow Post

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8020 Admin  posted an update in EMERALD BAY ENERGY INC

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / March 14, 2019 – Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") provided the following update on operations at the Bauer and Kuhn leases in South Texas.



  • At that the Bauer lease, the Company completed testing the Bauer wildcat well yesterday afternoon. The well was drilled to test the Edwards formation, and it has been determined that the Edwards is not commercially viable in this well. Additionally, the Company tested the Poth and Wilcox formations and determined that neither formation has commercial quantities of hydrocarbons.


The Bauer lease wildcat well was drilled in partnership with Cotulla Energy Resources Ltd. ("Cotulla"). Under terms of the agreement, 100% of the costs to drill and test the well were paid by Cotulla. Emerald Bay incurred no costs to drill and test the well.



  • At the Kuhn lease, the Company is in the process of upgrading the electrical capabilities of the lease to power the new pumps capable of lifting the increased fluid volumes brought on by the stimulations to the wells.


The wells were originally equipped with pumpjacks that limited them to total fluid flow rates of approximately 110 bbls/day each. To enhance production and maximize flow rates the wells were acid stimulated. Current estimates for flow rates are in excess of 2,000 bbls/day of total fluid per well. New lifting equipment, capable of flow rates near 2,000 bbls/day has been installed on Kuhn 4.


The electrical company has completed the installation of the new transformer, and Kuhn 4 is back on line. The Company is now working to optimize flow rates on Kuhn 4. Additionally, the Company is working to complete the electrical upgrade to Kuhn A5 to get that well back online. Updates on the Kuhn wells will be forthcoming as they become available.


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:

http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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8020 Admin posted a press release Emerald Bay Energy Provides Update on the Bauer Wildcat and Kuhn Wells in EMERALD BAY ENERGY INC

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / March 14, 2019 – Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") provided the following update on operations at the Bauer and Kuhn leases in South Texas.



  • At that the Bauer lease, the Company completed testing the Bauer wildcat well yesterday afternoon. The well was drilled to test the Edwards formation, and it has been determined that the Edwards is not commercially viable in this well. Additionally, the Company tested the Poth and Wilcox formations and determined that neither formation has commercial quantities of hydrocarbons.


The Bauer lease wildcat well was drilled in partnership with Cotulla Energy Resources Ltd. ("Cotulla"). Under terms of the agreement, 100% of the costs to drill and test the well were paid by Cotulla. Emerald Bay incurred no costs to drill and test the well.



  • At the Kuhn lease, the Company is in the process of upgrading the electrical capabilities of the lease to power the new pumps capable of lifting the increased fluid volumes brought on by the stimulations to the wells.


The wells were originally equipped with pumpjacks that limited them to total fluid flow rates of approximately 110 bbls/day each. To enhance production and maximize flow rates the wells were acid stimulated. Current estimates for flow rates are in excess of 2,000 bbls/day of total fluid per well. New lifting equipment, capable of flow rates near 2,000 bbls/day has been installed on Kuhn 4.


The electrical company has completed the installation of the new transformer, and Kuhn 4 is back on line. The Company is now working to optimize flow rates on Kuhn 4. Additionally, the Company is working to complete the electrical upgrade to Kuhn A5 to get that well back online. Updates on the Kuhn wells will be forthcoming as they become available.


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:

http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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8020 Admin

19 days

8020 Admin posted a press release Emerald Bay Energy Re-Enters Isabella #2 Well in EMERALD BAY ENERGY INC

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / February 27, 2019 / Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") announced today that the Company has received Railroad Commission ("RRC") regulatory approval, and re-entry operations have commenced at the Isabella Unit, well #2, in Gonzales County, Texas. The RRC requested an H15 fluid test which was conducted yesterday. Logging operations confirming tubular depth were completed today.


Emerald Bay is approved to drill and deepen the well to 8400 feet. Multiple cement squeezes will be performed to isolate fluids coming into the wellbore from the previous operator’s completions. The Company plans to test the Buda formation at approximately 8300 feet and the Eagle Ford formation at approximately 8200 feet deep. Pending those results, the Company will isolate and test the Navarro formation at approximately 6200 feet. It is anticipated that these operations will take several weeks to complete.


The Isabella prospect includes the Company’s acquisition of several mineral leases, totaling approximately 86 acres, and the Isabella #2 wellbore. The Isabella 2 well produced from the Austin Chalk formation in the past, but the previous operator did not drill to the deeper Eagle Ford and Buda formations. The Company, and partner Cotulla Energy Resources Ltd. ("Cotulla"), have identified the Isabella 2 wellbore as a prime target to explore for a high impact well on trend with Eagle Ford and Buda production in Gonzales County, Texas. The Company and Cotulla have also identified a potentially prolific Navarro zone in the well.


Under terms of the partnership agreement, Cotulla will pay 100% of the Isabella prospect costs to earn a 75% interest. Emerald Bay retains a 25% interest in the well and acreage at no cost to the Company.


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:
http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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Thanks for the post. It is great to be a shareholder of a Company that is consistently,keeping us all updated and informed. keyboard_arrow_downShow Post

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EBY CommunityMGR  posted an update in EMERALD BAY ENERGY INC


Good day, Emerald Bay Investors.  In case you not aware of recent activities, I thought I would post links to the Company’s recent news releases.


On December 4th of 2018, the Company provided a year to date update on all projects and financings of the Company. 



Since then, the Company has provided the following updates as we have been moving ahead on all projects:



As you can see, it is a very busy time at Emerald Bay as we continue to advance all projects.  Emerald Bay’s focus remains its oil-based exploration program in South Texas. The Company continues to aggressively pursue acquisitions of existing production and new premium drilling locations. The Company’s new partnership with Cotulla Energy Resources represents a unique opportunity for the Company to grow at no risk or cost to stakeholders and has therefore been the primary focus of the Company over the past several months. EBY is very motivated and enthusiastic about this partnership and its current projects: Floyd 1 and 2 wells, the Bauer Wildcat well, and the Isabella 2 re-entry well. 

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EBY CommunityMGR posted a News Item Emerald Bay Community Update * Feb 26, 2019 in EMERALD BAY ENERGY INC


Good day, Emerald Bay Investors.  In case you not aware of recent activities, I thought I would post links to the Company’s recent news releases.


On December 4th of 2018, the Company provided a year to date update on all projects and financings of the Company. 



Since then, the Company has provided the following updates as we have been moving ahead on all projects:



As you can see, it is a very busy time at Emerald Bay as we continue to advance all projects.  Emerald Bay’s focus remains its oil-based exploration program in South Texas. The Company continues to aggressively pursue acquisitions of existing production and new premium drilling locations. The Company’s new partnership with Cotulla Energy Resources represents a unique opportunity for the Company to grow at no risk or cost to stakeholders and has therefore been the primary focus of the Company over the past several months. EBY is very motivated and enthusiastic about this partnership and its current projects: Floyd 1 and 2 wells, the Bauer Wildcat well, and the Isabella 2 re-entry well. 

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8020 Admin

20 days

8020 Admin posted a press release Emerald Bay Energy Sets Production Casing in Bauer Wildcat Well in EMERALD BAY ENERGY INC

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / February 25, 2019 / Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") announced today that drilling is complete and production casing has been set in the wildcat well at the Company's Bauer prospect in South Texas.


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:
http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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8020 Admin

21 days

8020 Admin posted a press release Emerald Bay Energy Sets Production Casing in Bauer Wildcat Well in EMERALD BAY ENERGY INC

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / February 25, 2019 / Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") announced today that drilling is complete and production casing has been set in the wildcat well at the Company's Bauer prospect in South Texas.


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:
http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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Mark posted an update in EMERALD BAY ENERGY INC

22 days

Power to the Kuhn wells, will it happen in this century?

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8020 Admin

27 days

8020 Admin posted a press release Emerald Bay Energy Files Initial Production Rates for Floyd Wells in EMERALD BAY ENERGY INC

CALGARY, AB, and SAN ANTONIO, TX / ACCESSWIRE / February 19, 2019 / Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") announced today that the Company has filed the initial daily production rates for the Floyd 1 well at 9.2 barrels of oil per day, and the Floyd 2 well at 9.3 barrels of oil per day, for a combined 18.5 barrels of oil per day. The Floyd wells were the first two wells drilled on the F. Poenitz lease with the Company's partner HugoCellr Ltd. ("Hugo"). Furthermore, the Company wishes to clarify that the F. Poenitz lease and the Floyd wells were retained by Hugo, and are not part of Hugo's new partnership Cotulla Energy Resources Ltd.


Shelby Beattie, President and CEO of the Company commented, "We are very pleased with the initial production rates of both wells as the production rates are at the high end of what we had projected. These are the first two wells that we drilled for Hugo, and these type of shallow wells are very affordable to drill and represent a solid return on investment for him. Furthermore, our 25% interest in the wells came at no cost to us. With up to 18 additional drilling locations we will now work with Hugo to determine the timing of the next wells that they wish to drill on the lease."


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:   http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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EBY CommunityMGR posted a News Item Emerald Bay Energy - Update on Bauer prospect wildcat well in EMERALD BAY ENERGY INC

Everyone at Emerald Bay Energy is very excited to have drilling operations underway on our Bauer prospect "wildcat" well. Here are two pictures from yesterday...



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Ford Victoria posted an update in EMERALD BAY ENERGY INC

1 month

Hello All, I posted something in stock house and since everytime I post here I copy and post it there lets do it the other way around this time, Mike please if there is any clarification or correction has to be made with my post please feel free to correct it. Since we all are frustrated let’s make some clarification EBY is a company of partnership there is not a single project in which there are 100% owner, at least in Texas, they have PRI and now Cotulla Energy, some they have 50% and some 25 % which comes to about the same thing because the 50% they share the expenses, the 25 is at no cost. All frustration here comes to one thing only share price, if EBY would be at 3 or more there would be little complain ( I am one of them I could almost have double my position if I would of bought all my shares at .015), I do consider EBY should be way higher than what it is right now but trading low for so long it will take several days like yesterday to lift the SP. Important to understand EBY is a very small exploration company and 1.5 cent SP while there might be some mistakes or some bad luck there is for sure some things very right, -They got stake in PRI, company with revenue and equipment -They got many properties to have projects for years to come -They reduced debt with shares at 5 cents -They make projects at no cost to the company -They have all infrastructure to produce long term and add more wells -They are adding new partners with deep pockets or so it seems When we see 3 or 4 trading days with very high volume and new investors coming in this will move. To start I think we good new blood yesterday, We got our friends from industrial alliance that did not do cross trade just bought into the bid, Desjardin took around 1 million shares and a new comer PI financial corporation took close to 2 million including the 300+ k bought at 2 cents. These 3 houses account for 90% of the volume. I bet there are many things going on at the field and a lot of things half done, just Mike cannot talk about it because is not done and We are not too tolerant here, a good thing we keep them on track and they know we are concerned, I am going to give it 3 months to have a few things done and re-evaluate where we are at. Request to all please read news carefully 3 times if you have to before panicking the last news have been very clear and they are being understood in crazy ways. I leave a picture of yesterday trading, I hope they keep accumulating. Read more at https://stockhouse.com/companies/bullboard?symbol=v.eby&postid=29368885#jADC7PIpEFO2L64f.99

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Stephen F commented on bluenoser.kd1964  update in EMERALD BAY ENERGY INC

1 month

Very comprehensive and insightful answers to all of the questions Mike. What I get out of all this is that all of us shareholders should be very happy that the projects are moving forward with our partners money, and hence not dilution or risky to us. Well done! Thanks Mike
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bluenoser.kd1964 posted an update in EMERALD BAY ENERGY INC

Good afternoon Mike ..... interesting news announced today but I am more than a little concerned about all the fanfare that EBY seemingly in giving Cotulla on it's accomplishments and again nothing about EBY's stand alone projects. Are they dead ? .... were they all failures ? Yes .... the deal (s) that where struck with Cotulla are definitely a feather or two in our cap BUT what about all the seemingly unfinished projects that we started without Cotulla's help ? Mike ... we are WELL past the time ( and patience ) on receiving news on that front. We need answers on those projects ASAP !! Today's announcment should be a sidebar to EBY's growth ... not the main attraction. Quite frankly the next number of announcements need to be about what EBY has achieved .... without one word about Cotulla ... PERIOD !!! As you can tell by the tone of this email .... my patience are running very thin with all of this. I invested in EBY to yes ... make some money but also because I thought it would be really cool to be part of the beginnings of a new company. Did I .... and the rest of EBY's investors make a mistake here ? The time has come for detailed updates on what EBY is doing with it's own projects .... unless EBY has become a subsidiary of Cotulla. We want answers !!!

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Mike Rice commented on bluenoser.kd1964  update in EMERALD BAY ENERGY INC

1 month

Hello Bluenoser. I'm not sure I understand your concerns, and I think some of your comments might be misleading to some. The Floyd, Bauer, and Isabella projects that we took to Hugo and Cotulla ARE OUR PROJECTS. These are projects that WE DEVELOPED and brought Hugo and Cotulla into just as we brought partners into our Wooden Horse (Kuhn wells) project, the PRI project, etc. In no way is Wooden Horse, or any other of our projects, dead... as I have stated in numerous updates in the past several weeks here on 8020, and more updates will come on Wooden Horse as the electrical upgrades are nearing completion,etc. I have NO IDEA what you mean by "stand alone projects" ... please clarify as we have partners in EVERY project that we have. The fact that the management team and our technical team has been focusing on OUR Bauer prospect and OUR Isabella re-entry well should make you, and all EBY investors very excited about the potential of EBY given the high impact nature of these plays. The fact that we have brought new, proactive, partners in to risk THEIR capital to prove up OUR plays, whereby we earn an interest in the wells at NO COST OR RISK to the Company should add exponentially to your excitement. This is how WE earn a carried working interest (whatever that may be) in the projects that WE generate and develop and then execute the drilling and completion programs. To that end, and to be clear....ALL projects are moving forward! ALL disclosure will be disseminated when it is appropriate! I, personally, have never been more excited about the current status and future opportunities of EBY. I hope you will be too. Understand that EBY is in the exploration stages of these projects and I would stack our disclosure and processes up against anyone. Until the time comes that EBY has cash flow to develop "stand alone projects" this is how it is done and I couldn't be more excited about our new partnership with Cotulla. I truly don't know what else to say. Stay tuned. Mike
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bluenoser.kd1964 posted an update in EMERALD BAY ENERGY INC

Good afternoon Mike ..... interesting news announced today but I am more than a little concerned about all the fanfare that EBY seemingly in giving Cotulla on it's accomplishments and again nothing about EBY's stand alone projects. Are they dead ? .... were they all failures ? Yes .... the deal (s) that where struck with Cotulla are definitely a feather or two in our cap BUT what about all the seemingly unfinished projects that we started without Cotulla's help ? Mike ... we are WELL past the time ( and patience ) on receiving news on that front. We need answers on those projects ASAP !! Today's announcment should be a sidebar to EBY's growth ... not the main attraction. Quite frankly the next number of announcements need to be about what EBY has achieved .... without one word about Cotulla ... PERIOD !!! As you can tell by the tone of this email .... my patience are running very thin with all of this. I invested in EBY to yes ... make some money but also because I thought it would be really cool to be part of the beginnings of a new company. Did I .... and the rest of EBY's investors make a mistake here ? The time has come for detailed updates on what EBY is doing with it's own projects .... unless EBY has become a subsidiary of Cotulla. We want answers !!!

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bluenoser.kd1964 posted an update in EMERALD BAY ENERGY INC

1 month

Good afternoon Mike ..... interesting news announced today but I am more than a little concerned about all the fanfare that EBY seemingly in giving Cotulla on it's accomplishments and again nothing about EBY's stand alone projects. Are they dead ? .... were they all failures ? Yes .... the deal (s) that where struck with Cotulla are definitely a feather or two in our cap BUT what about all the seemingly unfinished projects that we started without Cotulla's help ? Mike ... we are WELL past the time ( and patience ) on receiving news on that front. We need answers on those projects ASAP !! Today's announcment should be a sidebar to EBY's growth ... not the main attraction. Quite frankly the next number of announcements need to be about what EBY has achieved .... without one word about Cotulla ... PERIOD !!! As you can tell by the tone of this email .... my patience are running very thin with all of this. I invested in EBY to yes ... make some money but also because I thought it would be really cool to be part of the beginnings of a new company. Did I .... and the rest of EBY's investors make a mistake here ? The time has come for detailed updates on what EBY is doing with it's own projects .... unless EBY has become a subsidiary of Cotulla. We want answers !!!

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8020 Admin

1 month

8020 Admin posted a press release Emerald Bay Energy Spuds Bauer Prospect Wildcat Well in EMERALD BAY ENERGY INC

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / February 14, 2019 / Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") announced today that drilling of the wildcat test well has commenced at the Company's Bauer prospect in South Texas. The well was spudded at 4:36 Central Time yesterday afternoon, and it is anticipated that drilling operations will take up to two weeks.


Management has imposed "tight-hole" status on the well, whereby drilling data and geologic information will be kept confidential until such time that the Company has assessed the results and secured any additional mineral leases to enhance the prospect.


The Bauer wildcat test well is the first well drilled with the Company's partner Cotulla Energy Resources Ltd. ("Cotulla"). Under terms of the agreement, Cotulla will pay 100% of the costs of the well to earn a 75% interest. As managing partner and operator, Emerald Bay earns a 25% interest in the well at no cost to the Company. Furthermore, the Company looks forward to integrating the experience and expertise of the Cotulla partners in the drilling of the Bauer wildcat well, as well as our exploration strategy going forward.


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:
http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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Mike Rice commented on corystinchcombe  update in EMERALD BAY ENERGY INC

1 month

Hello Louis Paul. The partnership consists of Hugo and two of associates as the principals of the Company and there may be other investors in the future as well. Neither Emerald Bay nor our management team are investors in Cotulla. We are excited about our association with Cotulla because these associates of Hugo bring specific experience in South Texas counties and reservoirs that really compliment our current exploration strategy. Mike
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corystinchcombe posted an update in EMERALD BAY ENERGY INC

So really does this mean? Cause it sounds like hugocellR just walked away with Isabella II and the Wildcat Wells after wasting our time for the past 6 months. And know they will be using up PRI equipment. So where does this leave us? How does this benefit your investors?

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Louis Paul commented on corystinchcombe  update in EMERALD BAY ENERGY INC

1 month

Hello Mike! You mention that Hugo will form a partnership with several of his business associates that have extensive oil & gas backgrounds. Can you tell us who will be part of this partnership? Is EBY part of this group? Are EBY executives part of this partnership? I can not wait to see all the results of the many works in progress. Keep up the great work. Have a good day. Louis
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corystinchcombe posted an update in EMERALD BAY ENERGY INC

So really does this mean? Cause it sounds like hugocellR just walked away with Isabella II and the Wildcat Wells after wasting our time for the past 6 months. And know they will be using up PRI equipment. So where does this leave us? How does this benefit your investors?

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Mike Rice commented on corystinchcombe  update in EMERALD BAY ENERGY INC

1 month

No problem Cory. This is one of the reasons I am excited that we have 8020, so that we can communicate with our shareholders in a quick and concise manner. Take care and stay tuned. Mike
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corystinchcombe posted an update in EMERALD BAY ENERGY INC

So really does this mean? Cause it sounds like hugocellR just walked away with Isabella II and the Wildcat Wells after wasting our time for the past 6 months. And know they will be using up PRI equipment. So where does this leave us? How does this benefit your investors?

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Ok fair enough.. The new release made it sound like they decided to form their own oil company and took Isabella II and the Wildcat Wells and was basically branching out from Eby to sit us in the corner like the ugly cousin nobody wants. But thank you for the clarification. The news release was quite vague in my opinion. We have just all being waiting on news releases about those Wells because we all have high hopes for them so I may have got a little rattled from frustration. I apologize
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corystinchcombe posted an update in EMERALD BAY ENERGY INC

So really does this mean? Cause it sounds like hugocellR just walked away with Isabella II and the Wildcat Wells after wasting our time for the past 6 months. And know they will be using up PRI equipment. So where does this leave us? How does this benefit your investors?

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Mike Rice commented on corystinchcombe  update in EMERALD BAY ENERGY INC

1 month

Hello Cory. I'm not sure how you interpreted the press release to conclude that it meant that Hugo had walked away from Isabella and the Wildcat well. It is quite the opposite. The purpose of the news release was to inform the public that Hugo is in the process of assigning their interests in our projects into a new partnership that he is forming, and that entity, Cotulla, will be our partner going forward on these two projects, not HugoCellR, Ltd. To clarify, over the past several months Hugo has become increasingly interested in oil and gas projects including the Emerald Bay projects he is participating in. To that end he is forming a partnership with several of his business associates that have extensive oil & gas backgrounds. Their entity will be called Cotulla Energy Resources Ltd. As the press release states, HugoCellR is putting their interest in the upcoming Isabella and Bauer projects into Cotulla. As the press release also states, Cotulla will be doing their own projects, the first of which is a 3 well acquisition that Cotulla has engaged our subsidiary PRI to operate. Finally, the press release also states that the two entities, EBY and Cotula, will be working together in the future to identify new projects. I cannot overstate our enthusiasm about the direction that our partnership with Hugo (now Cotulla) is headed.
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corystinchcombe posted an update in EMERALD BAY ENERGY INC

So really does this mean? Cause it sounds like hugocellR just walked away with Isabella II and the Wildcat Wells after wasting our time for the past 6 months. And know they will be using up PRI equipment. So where does this leave us? How does this benefit your investors?

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corystinchcombe posted an update in EMERALD BAY ENERGY INC

1 month

So really does this mean? Cause it sounds like hugocellR just walked away with Isabella II and the Wildcat Wells after wasting our time for the past 6 months. And know they will be using up PRI equipment. So where does this leave us? How does this benefit your investors?

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8020 Admin

1 month

8020 Admin posted a press release Emerald Bay Energy Provides Update on HugoCellR Partnership in EMERALD BAY ENERGY INC

CALGARY, AB / ACCESSWIRE / February 11, 2019 / Further to the press release dated August 14, 2018, Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Corporation", the "Company" or "Emerald Bay") wishes to provide the following update on the Company's partner HugoCellR Ltd. ("Hugo"). Hugo is in final stage of forming a new partnership, Cotulla Energy Resources, Ltd. ("Cotulla"), whereby Hugo will assign their entire interests in the Isabella re-entry, and Bauer wildcat wells, to Cotulla.


In addition to their participation in Emerald Bay's projects, Cotulla is moving forward with projects of their own. Cotulla's first project will be two existing Eagle Ford horizontal wells and one Pearsall gas well, and Cotulla will be engaging Emerald Bay's subsidiary Production Resources Inc. ("PRI") to operate these wells.


It is the intent of Emerald Bay and Cotulla to work closely together in the future to identify mutually beneficial projects.


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns various working interests in the HugoCellR and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:
http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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Ford Victoria posted an update in EMERALD BAY ENERGY INC

1 month

Hello Mike Thanks for your honest response, will give you a call. Have a great day.

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Mike Rice commented on Ford Victoria  update in EMERALD BAY ENERGY INC

1 month

Good morning Fernando, Mark, et al. No need to apologize for your sentiment. It is understandable. While we cannot address every person's expectations it is clear that we have not met many of yours in recent months. As you pointed out above we have anticipated being further along on several projects at this point. As I've pointed out recently, we are moving forward and making progress on all projects. There really isn't a point to walk through the current status of each project as anything short of completion and results will be viewed (understandably so) as excuses and Mark has already pointed this out. I encourage you to be a little more patient, projects will progress and get completed in the coming days and weeks. Hopefully we will have the results we are looking for and then your patience will be rewarded. Thanks again for your ongoing support and feel free to contact me any time. Mike Rice CFO (403) 262-6000
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Ford Victoria posted an update in EMERALD BAY ENERGY INC

Hello Mike There is anything you can tell us about the progress or unprogressive of the Kuhn wells?, to me these are the flags wells of EBY, the ones that really can produce a lot of oil and soon they will be one year behind production schedule, still no movements on the electric upgrade ?. Last December this was mentioned in a PR. We anticipate that the electrical upgrades will be completed in December (We are into February and no news about it) What about an update in the average production on the Floyd wells, I am assuming these are low production wells but it is good to know anyways. Any advancement in the Isabella property? . With the rig secured, the wellbore will be deepened to the base of the Buda formation at 8,200 feet, and both the Eagle Ford and Buda formations will be tested in December. Many weeks after that we have no news or updates. Is there any news about the wild cat well?, any rig on site? This was supposed to be drilled early to mid-January. The Company will pursue acquisitions and dispositions which would allow us to add production, reserves, and cash flow in a cost effective manner while maintaining a level of flexibility in our balance sheet. I hope there is nothing else added to EBY looking at the inability of the company to actually develop the projects it already has. Overall is sad to see there is no a single event, project that EBY gets in that goes to completion on schedule and without problems and setbacks, I hope there will be 180 degree change in how things are happening so far, Many investors are not happy with the overall progress of the company and it shows in our share price stalled at a year low without any excitement to even have a hiccup. It is nice to see the PP it did go through but regardless of who bought into it is dilution to the share structure of the company. I hope this was the last one and the company reach profitability so there is no need to print more shares. Sorry if my questions and comments are not cheerful is the sentiment I have for our lack of progress, Have a great day and looking forward to your answer.

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Ford Victoria posted an update in EMERALD BAY ENERGY INC

1 month

Hello Mike There is anything you can tell us about the progress or unprogressive of the Kuhn wells?, to me these are the flags wells of EBY, the ones that really can produce a lot of oil and soon they will be one year behind production schedule, still no movements on the electric upgrade ?. Last December this was mentioned in a PR. We anticipate that the electrical upgrades will be completed in December (We are into February and no news about it) What about an update in the average production on the Floyd wells, I am assuming these are low production wells but it is good to know anyways. Any advancement in the Isabella property? . With the rig secured, the wellbore will be deepened to the base of the Buda formation at 8,200 feet, and both the Eagle Ford and Buda formations will be tested in December. Many weeks after that we have no news or updates. Is there any news about the wild cat well?, any rig on site? This was supposed to be drilled early to mid-January. The Company will pursue acquisitions and dispositions which would allow us to add production, reserves, and cash flow in a cost effective manner while maintaining a level of flexibility in our balance sheet. I hope there is nothing else added to EBY looking at the inability of the company to actually develop the projects it already has. Overall is sad to see there is no a single event, project that EBY gets in that goes to completion on schedule and without problems and setbacks, I hope there will be 180 degree change in how things are happening so far, Many investors are not happy with the overall progress of the company and it shows in our share price stalled at a year low without any excitement to even have a hiccup. It is nice to see the PP it did go through but regardless of who bought into it is dilution to the share structure of the company. I hope this was the last one and the company reach profitability so there is no need to print more shares. Sorry if my questions and comments are not cheerful is the sentiment I have for our lack of progress, Have a great day and looking forward to your answer.

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Alex McLean replied to the press release 8020 Admin  update in EMERALD BAY ENERGY INC

1 month

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Thanks, Mike! I know these things take some time. Glad it's settled. Good luck in the coming months.keyboard_arrow_downShow Post

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8020 Admin

1 month

8020 Admin  posted an update in EMERALD BAY ENERGY INC

CALGARY, AB / ACCESSWIRE / February 4, 2019 / Further to the press releases dated May 29, 2018 and February 4, 2019 (collectively, the "Press Releases"), Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Corporation", the "Company" or "Emerald Bay") wishes to announce Clarence Wagenaar, after the issuance of the 18,493,178 common shares of the Corporation announced in the Press Releases, controls, directly and indirectly, an aggregate 50,030,178 common shares of the Corporation, or 15.6% of the outstanding common shares of the Corporation.


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns various working interests in the HugoCellR and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:


http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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EMERALD BAY ENERGY INC

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Emerald Bay Energy Inc.  is an emerging oil and gas producer headquartered in Calgary, Alberta, Canada with production properties in South Texas, USA. To remain agile and adjust to market conditions, Emerald Bay has transitioned from a research and development entity to exploration and production...

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EMERALD BAY ENERGY INC

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Emerald Bay Energy Inc.  is an emerging oil and gas producer headquartered in Calgary, Alberta, Canada with productio......

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Louis Paul replied to the press release 8020 Admin  update in EMERALD BAY ENERGY INC

5 minutes

...

Hello Mike. Can you tell us if Kuhn A5 and Kuhn 3 will be equipped with the same pump? Will the equipment also pump up to 2,000 bbls/day? Thank you and have a good day. Louiskeyboard_arrow_downShow Post

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8020 Admin  posted an update in EMERALD BAY ENERGY INC

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / March 14, 2019 – Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") provided the following update on operations at the Bauer and Kuhn leases in South Texas.



  • At that the Bauer lease, the Company completed testing the Bauer wildcat well yesterday afternoon. The well was drilled to test the Edwards formation, and it has been determined that the Edwards is not commercially viable in this well. Additionally, the Company tested the Poth and Wilcox formations and determined that neither formation has commercial quantities of hydrocarbons.


The Bauer lease wildcat well was drilled in partnership with Cotulla Energy Resources Ltd. ("Cotulla"). Under terms of the agreement, 100% of the costs to drill and test the well were paid by Cotulla. Emerald Bay incurred no costs to drill and test the well.



  • At the Kuhn lease, the Company is in the process of upgrading the electrical capabilities of the lease to power the new pumps capable of lifting the increased fluid volumes brought on by the stimulations to the wells.


The wells were originally equipped with pumpjacks that limited them to total fluid flow rates of approximately 110 bbls/day each. To enhance production and maximize flow rates the wells were acid stimulated. Current estimates for flow rates are in excess of 2,000 bbls/day of total fluid per well. New lifting equipment, capable of flow rates near 2,000 bbls/day has been installed on Kuhn 4.


The electrical company has completed the installation of the new transformer, and Kuhn 4 is back on line. The Company is now working to optimize flow rates on Kuhn 4. Additionally, the Company is working to complete the electrical upgrade to Kuhn A5 to get that well back online. Updates on the Kuhn wells will be forthcoming as they become available.


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:

http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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patfest replied to the press release 8020 Admin  update in EMERALD BAY ENERGY INC

4 days

...

Hi Mike, Shelby, and everybody at Emerald Bay, Let me clearly say I have the utmost respect for the work you are doing. I thought this was great news about Kuhn 4. Unfortunately, I've come to the conclusion a significant majority of the population doesn't read full press releases, but only the first few lines, including the people at Stockwatch apparently, who posted this headline... "Emerald Bay finds Edwards not commercially viable" With a headline like that, I'm not surprised to see the share price open at 1 cent. But I am disappointed. Unless it is your intention to 'shake the tree' and allow us dedicated investors to buy more shares below value;) ? Otherwise, maybe out the good news first? (I've sent a note to Stockwatch, btw). https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aEBY-2730733&symbol=EBY&region=Ckeyboard_arrow_downShow Post

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8020 Admin  posted an update in EMERALD BAY ENERGY INC

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / March 14, 2019 – Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") provided the following update on operations at the Bauer and Kuhn leases in South Texas.



  • At that the Bauer lease, the Company completed testing the Bauer wildcat well yesterday afternoon. The well was drilled to test the Edwards formation, and it has been determined that the Edwards is not commercially viable in this well. Additionally, the Company tested the Poth and Wilcox formations and determined that neither formation has commercial quantities of hydrocarbons.


The Bauer lease wildcat well was drilled in partnership with Cotulla Energy Resources Ltd. ("Cotulla"). Under terms of the agreement, 100% of the costs to drill and test the well were paid by Cotulla. Emerald Bay incurred no costs to drill and test the well.



  • At the Kuhn lease, the Company is in the process of upgrading the electrical capabilities of the lease to power the new pumps capable of lifting the increased fluid volumes brought on by the stimulations to the wells.


The wells were originally equipped with pumpjacks that limited them to total fluid flow rates of approximately 110 bbls/day each. To enhance production and maximize flow rates the wells were acid stimulated. Current estimates for flow rates are in excess of 2,000 bbls/day of total fluid per well. New lifting equipment, capable of flow rates near 2,000 bbls/day has been installed on Kuhn 4.


The electrical company has completed the installation of the new transformer, and Kuhn 4 is back on line. The Company is now working to optimize flow rates on Kuhn 4. Additionally, the Company is working to complete the electrical upgrade to Kuhn A5 to get that well back online. Updates on the Kuhn wells will be forthcoming as they become available.


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:

http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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8020 Admin posted a press release Emerald Bay Energy Provides Update on the Bauer Wildcat and Kuhn Wells in EMERALD BAY ENERGY INC

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / March 14, 2019 – Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") provided the following update on operations at the Bauer and Kuhn leases in South Texas.



  • At that the Bauer lease, the Company completed testing the Bauer wildcat well yesterday afternoon. The well was drilled to test the Edwards formation, and it has been determined that the Edwards is not commercially viable in this well. Additionally, the Company tested the Poth and Wilcox formations and determined that neither formation has commercial quantities of hydrocarbons.


The Bauer lease wildcat well was drilled in partnership with Cotulla Energy Resources Ltd. ("Cotulla"). Under terms of the agreement, 100% of the costs to drill and test the well were paid by Cotulla. Emerald Bay incurred no costs to drill and test the well.



  • At the Kuhn lease, the Company is in the process of upgrading the electrical capabilities of the lease to power the new pumps capable of lifting the increased fluid volumes brought on by the stimulations to the wells.


The wells were originally equipped with pumpjacks that limited them to total fluid flow rates of approximately 110 bbls/day each. To enhance production and maximize flow rates the wells were acid stimulated. Current estimates for flow rates are in excess of 2,000 bbls/day of total fluid per well. New lifting equipment, capable of flow rates near 2,000 bbls/day has been installed on Kuhn 4.


The electrical company has completed the installation of the new transformer, and Kuhn 4 is back on line. The Company is now working to optimize flow rates on Kuhn 4. Additionally, the Company is working to complete the electrical upgrade to Kuhn A5 to get that well back online. Updates on the Kuhn wells will be forthcoming as they become available.


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:

http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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8020 Admin

19 days

8020 Admin posted a press release Emerald Bay Energy Re-Enters Isabella #2 Well in EMERALD BAY ENERGY INC

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / February 27, 2019 / Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") announced today that the Company has received Railroad Commission ("RRC") regulatory approval, and re-entry operations have commenced at the Isabella Unit, well #2, in Gonzales County, Texas. The RRC requested an H15 fluid test which was conducted yesterday. Logging operations confirming tubular depth were completed today.


Emerald Bay is approved to drill and deepen the well to 8400 feet. Multiple cement squeezes will be performed to isolate fluids coming into the wellbore from the previous operator’s completions. The Company plans to test the Buda formation at approximately 8300 feet and the Eagle Ford formation at approximately 8200 feet deep. Pending those results, the Company will isolate and test the Navarro formation at approximately 6200 feet. It is anticipated that these operations will take several weeks to complete.


The Isabella prospect includes the Company’s acquisition of several mineral leases, totaling approximately 86 acres, and the Isabella #2 wellbore. The Isabella 2 well produced from the Austin Chalk formation in the past, but the previous operator did not drill to the deeper Eagle Ford and Buda formations. The Company, and partner Cotulla Energy Resources Ltd. ("Cotulla"), have identified the Isabella 2 wellbore as a prime target to explore for a high impact well on trend with Eagle Ford and Buda production in Gonzales County, Texas. The Company and Cotulla have also identified a potentially prolific Navarro zone in the well.


Under terms of the partnership agreement, Cotulla will pay 100% of the Isabella prospect costs to earn a 75% interest. Emerald Bay retains a 25% interest in the well and acreage at no cost to the Company.


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:
http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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Thanks for the post. It is great to be a shareholder of a Company that is consistently,keeping us all updated and informed. keyboard_arrow_downShow Post

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EBY CommunityMGR  posted an update in EMERALD BAY ENERGY INC


Good day, Emerald Bay Investors.  In case you not aware of recent activities, I thought I would post links to the Company’s recent news releases.


On December 4th of 2018, the Company provided a year to date update on all projects and financings of the Company. 



Since then, the Company has provided the following updates as we have been moving ahead on all projects:



As you can see, it is a very busy time at Emerald Bay as we continue to advance all projects.  Emerald Bay’s focus remains its oil-based exploration program in South Texas. The Company continues to aggressively pursue acquisitions of existing production and new premium drilling locations. The Company’s new partnership with Cotulla Energy Resources represents a unique opportunity for the Company to grow at no risk or cost to stakeholders and has therefore been the primary focus of the Company over the past several months. EBY is very motivated and enthusiastic about this partnership and its current projects: Floyd 1 and 2 wells, the Bauer Wildcat well, and the Isabella 2 re-entry well. 

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EBY CommunityMGR posted a News Item Emerald Bay Community Update * Feb 26, 2019 in EMERALD BAY ENERGY INC


Good day, Emerald Bay Investors.  In case you not aware of recent activities, I thought I would post links to the Company’s recent news releases.


On December 4th of 2018, the Company provided a year to date update on all projects and financings of the Company. 



Since then, the Company has provided the following updates as we have been moving ahead on all projects:



As you can see, it is a very busy time at Emerald Bay as we continue to advance all projects.  Emerald Bay’s focus remains its oil-based exploration program in South Texas. The Company continues to aggressively pursue acquisitions of existing production and new premium drilling locations. The Company’s new partnership with Cotulla Energy Resources represents a unique opportunity for the Company to grow at no risk or cost to stakeholders and has therefore been the primary focus of the Company over the past several months. EBY is very motivated and enthusiastic about this partnership and its current projects: Floyd 1 and 2 wells, the Bauer Wildcat well, and the Isabella 2 re-entry well. 

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8020 Admin

20 days

8020 Admin posted a press release Emerald Bay Energy Sets Production Casing in Bauer Wildcat Well in EMERALD BAY ENERGY INC

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / February 25, 2019 / Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") announced today that drilling is complete and production casing has been set in the wildcat well at the Company's Bauer prospect in South Texas.


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:
http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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8020 Admin

21 days

8020 Admin posted a press release Emerald Bay Energy Sets Production Casing in Bauer Wildcat Well in EMERALD BAY ENERGY INC

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / February 25, 2019 / Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") announced today that drilling is complete and production casing has been set in the wildcat well at the Company's Bauer prospect in South Texas.


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:
http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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Mark posted an update in EMERALD BAY ENERGY INC

22 days

Power to the Kuhn wells, will it happen in this century?

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8020 Admin

27 days

8020 Admin posted a press release Emerald Bay Energy Files Initial Production Rates for Floyd Wells in EMERALD BAY ENERGY INC

CALGARY, AB, and SAN ANTONIO, TX / ACCESSWIRE / February 19, 2019 / Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") announced today that the Company has filed the initial daily production rates for the Floyd 1 well at 9.2 barrels of oil per day, and the Floyd 2 well at 9.3 barrels of oil per day, for a combined 18.5 barrels of oil per day. The Floyd wells were the first two wells drilled on the F. Poenitz lease with the Company's partner HugoCellr Ltd. ("Hugo"). Furthermore, the Company wishes to clarify that the F. Poenitz lease and the Floyd wells were retained by Hugo, and are not part of Hugo's new partnership Cotulla Energy Resources Ltd.


Shelby Beattie, President and CEO of the Company commented, "We are very pleased with the initial production rates of both wells as the production rates are at the high end of what we had projected. These are the first two wells that we drilled for Hugo, and these type of shallow wells are very affordable to drill and represent a solid return on investment for him. Furthermore, our 25% interest in the wells came at no cost to us. With up to 18 additional drilling locations we will now work with Hugo to determine the timing of the next wells that they wish to drill on the lease."


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:   http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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EBY CommunityMGR posted a News Item Emerald Bay Energy - Update on Bauer prospect wildcat well in EMERALD BAY ENERGY INC

Everyone at Emerald Bay Energy is very excited to have drilling operations underway on our Bauer prospect "wildcat" well. Here are two pictures from yesterday...



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Ford Victoria posted an update in EMERALD BAY ENERGY INC

1 month

Hello All, I posted something in stock house and since everytime I post here I copy and post it there lets do it the other way around this time, Mike please if there is any clarification or correction has to be made with my post please feel free to correct it. Since we all are frustrated let’s make some clarification EBY is a company of partnership there is not a single project in which there are 100% owner, at least in Texas, they have PRI and now Cotulla Energy, some they have 50% and some 25 % which comes to about the same thing because the 50% they share the expenses, the 25 is at no cost. All frustration here comes to one thing only share price, if EBY would be at 3 or more there would be little complain ( I am one of them I could almost have double my position if I would of bought all my shares at .015), I do consider EBY should be way higher than what it is right now but trading low for so long it will take several days like yesterday to lift the SP. Important to understand EBY is a very small exploration company and 1.5 cent SP while there might be some mistakes or some bad luck there is for sure some things very right, -They got stake in PRI, company with revenue and equipment -They got many properties to have projects for years to come -They reduced debt with shares at 5 cents -They make projects at no cost to the company -They have all infrastructure to produce long term and add more wells -They are adding new partners with deep pockets or so it seems When we see 3 or 4 trading days with very high volume and new investors coming in this will move. To start I think we good new blood yesterday, We got our friends from industrial alliance that did not do cross trade just bought into the bid, Desjardin took around 1 million shares and a new comer PI financial corporation took close to 2 million including the 300+ k bought at 2 cents. These 3 houses account for 90% of the volume. I bet there are many things going on at the field and a lot of things half done, just Mike cannot talk about it because is not done and We are not too tolerant here, a good thing we keep them on track and they know we are concerned, I am going to give it 3 months to have a few things done and re-evaluate where we are at. Request to all please read news carefully 3 times if you have to before panicking the last news have been very clear and they are being understood in crazy ways. I leave a picture of yesterday trading, I hope they keep accumulating. Read more at https://stockhouse.com/companies/bullboard?symbol=v.eby&postid=29368885#jADC7PIpEFO2L64f.99

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Stephen F commented on bluenoser.kd1964  update in EMERALD BAY ENERGY INC

1 month

Very comprehensive and insightful answers to all of the questions Mike. What I get out of all this is that all of us shareholders should be very happy that the projects are moving forward with our partners money, and hence not dilution or risky to us. Well done! Thanks Mike
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bluenoser.kd1964 posted an update in EMERALD BAY ENERGY INC

Good afternoon Mike ..... interesting news announced today but I am more than a little concerned about all the fanfare that EBY seemingly in giving Cotulla on it's accomplishments and again nothing about EBY's stand alone projects. Are they dead ? .... were they all failures ? Yes .... the deal (s) that where struck with Cotulla are definitely a feather or two in our cap BUT what about all the seemingly unfinished projects that we started without Cotulla's help ? Mike ... we are WELL past the time ( and patience ) on receiving news on that front. We need answers on those projects ASAP !! Today's announcment should be a sidebar to EBY's growth ... not the main attraction. Quite frankly the next number of announcements need to be about what EBY has achieved .... without one word about Cotulla ... PERIOD !!! As you can tell by the tone of this email .... my patience are running very thin with all of this. I invested in EBY to yes ... make some money but also because I thought it would be really cool to be part of the beginnings of a new company. Did I .... and the rest of EBY's investors make a mistake here ? The time has come for detailed updates on what EBY is doing with it's own projects .... unless EBY has become a subsidiary of Cotulla. We want answers !!!

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Mike Rice commented on bluenoser.kd1964  update in EMERALD BAY ENERGY INC

1 month

Hello Bluenoser. I'm not sure I understand your concerns, and I think some of your comments might be misleading to some. The Floyd, Bauer, and Isabella projects that we took to Hugo and Cotulla ARE OUR PROJECTS. These are projects that WE DEVELOPED and brought Hugo and Cotulla into just as we brought partners into our Wooden Horse (Kuhn wells) project, the PRI project, etc. In no way is Wooden Horse, or any other of our projects, dead... as I have stated in numerous updates in the past several weeks here on 8020, and more updates will come on Wooden Horse as the electrical upgrades are nearing completion,etc. I have NO IDEA what you mean by "stand alone projects" ... please clarify as we have partners in EVERY project that we have. The fact that the management team and our technical team has been focusing on OUR Bauer prospect and OUR Isabella re-entry well should make you, and all EBY investors very excited about the potential of EBY given the high impact nature of these plays. The fact that we have brought new, proactive, partners in to risk THEIR capital to prove up OUR plays, whereby we earn an interest in the wells at NO COST OR RISK to the Company should add exponentially to your excitement. This is how WE earn a carried working interest (whatever that may be) in the projects that WE generate and develop and then execute the drilling and completion programs. To that end, and to be clear....ALL projects are moving forward! ALL disclosure will be disseminated when it is appropriate! I, personally, have never been more excited about the current status and future opportunities of EBY. I hope you will be too. Understand that EBY is in the exploration stages of these projects and I would stack our disclosure and processes up against anyone. Until the time comes that EBY has cash flow to develop "stand alone projects" this is how it is done and I couldn't be more excited about our new partnership with Cotulla. I truly don't know what else to say. Stay tuned. Mike
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bluenoser.kd1964 posted an update in EMERALD BAY ENERGY INC

Good afternoon Mike ..... interesting news announced today but I am more than a little concerned about all the fanfare that EBY seemingly in giving Cotulla on it's accomplishments and again nothing about EBY's stand alone projects. Are they dead ? .... were they all failures ? Yes .... the deal (s) that where struck with Cotulla are definitely a feather or two in our cap BUT what about all the seemingly unfinished projects that we started without Cotulla's help ? Mike ... we are WELL past the time ( and patience ) on receiving news on that front. We need answers on those projects ASAP !! Today's announcment should be a sidebar to EBY's growth ... not the main attraction. Quite frankly the next number of announcements need to be about what EBY has achieved .... without one word about Cotulla ... PERIOD !!! As you can tell by the tone of this email .... my patience are running very thin with all of this. I invested in EBY to yes ... make some money but also because I thought it would be really cool to be part of the beginnings of a new company. Did I .... and the rest of EBY's investors make a mistake here ? The time has come for detailed updates on what EBY is doing with it's own projects .... unless EBY has become a subsidiary of Cotulla. We want answers !!!

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bluenoser.kd1964 posted an update in EMERALD BAY ENERGY INC

1 month

Good afternoon Mike ..... interesting news announced today but I am more than a little concerned about all the fanfare that EBY seemingly in giving Cotulla on it's accomplishments and again nothing about EBY's stand alone projects. Are they dead ? .... were they all failures ? Yes .... the deal (s) that where struck with Cotulla are definitely a feather or two in our cap BUT what about all the seemingly unfinished projects that we started without Cotulla's help ? Mike ... we are WELL past the time ( and patience ) on receiving news on that front. We need answers on those projects ASAP !! Today's announcment should be a sidebar to EBY's growth ... not the main attraction. Quite frankly the next number of announcements need to be about what EBY has achieved .... without one word about Cotulla ... PERIOD !!! As you can tell by the tone of this email .... my patience are running very thin with all of this. I invested in EBY to yes ... make some money but also because I thought it would be really cool to be part of the beginnings of a new company. Did I .... and the rest of EBY's investors make a mistake here ? The time has come for detailed updates on what EBY is doing with it's own projects .... unless EBY has become a subsidiary of Cotulla. We want answers !!!

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8020 Admin

1 month

8020 Admin posted a press release Emerald Bay Energy Spuds Bauer Prospect Wildcat Well in EMERALD BAY ENERGY INC

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / February 14, 2019 / Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") announced today that drilling of the wildcat test well has commenced at the Company's Bauer prospect in South Texas. The well was spudded at 4:36 Central Time yesterday afternoon, and it is anticipated that drilling operations will take up to two weeks.


Management has imposed "tight-hole" status on the well, whereby drilling data and geologic information will be kept confidential until such time that the Company has assessed the results and secured any additional mineral leases to enhance the prospect.


The Bauer wildcat test well is the first well drilled with the Company's partner Cotulla Energy Resources Ltd. ("Cotulla"). Under terms of the agreement, Cotulla will pay 100% of the costs of the well to earn a 75% interest. As managing partner and operator, Emerald Bay earns a 25% interest in the well at no cost to the Company. Furthermore, the Company looks forward to integrating the experience and expertise of the Cotulla partners in the drilling of the Bauer wildcat well, as well as our exploration strategy going forward.


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:
http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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Mike Rice commented on corystinchcombe  update in EMERALD BAY ENERGY INC

1 month

Hello Louis Paul. The partnership consists of Hugo and two of associates as the principals of the Company and there may be other investors in the future as well. Neither Emerald Bay nor our management team are investors in Cotulla. We are excited about our association with Cotulla because these associates of Hugo bring specific experience in South Texas counties and reservoirs that really compliment our current exploration strategy. Mike
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corystinchcombe posted an update in EMERALD BAY ENERGY INC

So really does this mean? Cause it sounds like hugocellR just walked away with Isabella II and the Wildcat Wells after wasting our time for the past 6 months. And know they will be using up PRI equipment. So where does this leave us? How does this benefit your investors?

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Louis Paul commented on corystinchcombe  update in EMERALD BAY ENERGY INC

1 month

Hello Mike! You mention that Hugo will form a partnership with several of his business associates that have extensive oil & gas backgrounds. Can you tell us who will be part of this partnership? Is EBY part of this group? Are EBY executives part of this partnership? I can not wait to see all the results of the many works in progress. Keep up the great work. Have a good day. Louis
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corystinchcombe posted an update in EMERALD BAY ENERGY INC

So really does this mean? Cause it sounds like hugocellR just walked away with Isabella II and the Wildcat Wells after wasting our time for the past 6 months. And know they will be using up PRI equipment. So where does this leave us? How does this benefit your investors?

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Mike Rice commented on corystinchcombe  update in EMERALD BAY ENERGY INC

1 month

No problem Cory. This is one of the reasons I am excited that we have 8020, so that we can communicate with our shareholders in a quick and concise manner. Take care and stay tuned. Mike
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corystinchcombe posted an update in EMERALD BAY ENERGY INC

So really does this mean? Cause it sounds like hugocellR just walked away with Isabella II and the Wildcat Wells after wasting our time for the past 6 months. And know they will be using up PRI equipment. So where does this leave us? How does this benefit your investors?

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Ok fair enough.. The new release made it sound like they decided to form their own oil company and took Isabella II and the Wildcat Wells and was basically branching out from Eby to sit us in the corner like the ugly cousin nobody wants. But thank you for the clarification. The news release was quite vague in my opinion. We have just all being waiting on news releases about those Wells because we all have high hopes for them so I may have got a little rattled from frustration. I apologize
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corystinchcombe posted an update in EMERALD BAY ENERGY INC

So really does this mean? Cause it sounds like hugocellR just walked away with Isabella II and the Wildcat Wells after wasting our time for the past 6 months. And know they will be using up PRI equipment. So where does this leave us? How does this benefit your investors?

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Mike Rice commented on corystinchcombe  update in EMERALD BAY ENERGY INC

1 month

Hello Cory. I'm not sure how you interpreted the press release to conclude that it meant that Hugo had walked away from Isabella and the Wildcat well. It is quite the opposite. The purpose of the news release was to inform the public that Hugo is in the process of assigning their interests in our projects into a new partnership that he is forming, and that entity, Cotulla, will be our partner going forward on these two projects, not HugoCellR, Ltd. To clarify, over the past several months Hugo has become increasingly interested in oil and gas projects including the Emerald Bay projects he is participating in. To that end he is forming a partnership with several of his business associates that have extensive oil & gas backgrounds. Their entity will be called Cotulla Energy Resources Ltd. As the press release states, HugoCellR is putting their interest in the upcoming Isabella and Bauer projects into Cotulla. As the press release also states, Cotulla will be doing their own projects, the first of which is a 3 well acquisition that Cotulla has engaged our subsidiary PRI to operate. Finally, the press release also states that the two entities, EBY and Cotula, will be working together in the future to identify new projects. I cannot overstate our enthusiasm about the direction that our partnership with Hugo (now Cotulla) is headed.
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corystinchcombe posted an update in EMERALD BAY ENERGY INC

So really does this mean? Cause it sounds like hugocellR just walked away with Isabella II and the Wildcat Wells after wasting our time for the past 6 months. And know they will be using up PRI equipment. So where does this leave us? How does this benefit your investors?

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corystinchcombe posted an update in EMERALD BAY ENERGY INC

1 month

So really does this mean? Cause it sounds like hugocellR just walked away with Isabella II and the Wildcat Wells after wasting our time for the past 6 months. And know they will be using up PRI equipment. So where does this leave us? How does this benefit your investors?

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8020 Admin

1 month

8020 Admin posted a press release Emerald Bay Energy Provides Update on HugoCellR Partnership in EMERALD BAY ENERGY INC

CALGARY, AB / ACCESSWIRE / February 11, 2019 / Further to the press release dated August 14, 2018, Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Corporation", the "Company" or "Emerald Bay") wishes to provide the following update on the Company's partner HugoCellR Ltd. ("Hugo"). Hugo is in final stage of forming a new partnership, Cotulla Energy Resources, Ltd. ("Cotulla"), whereby Hugo will assign their entire interests in the Isabella re-entry, and Bauer wildcat wells, to Cotulla.


In addition to their participation in Emerald Bay's projects, Cotulla is moving forward with projects of their own. Cotulla's first project will be two existing Eagle Ford horizontal wells and one Pearsall gas well, and Cotulla will be engaging Emerald Bay's subsidiary Production Resources Inc. ("PRI") to operate these wells.


It is the intent of Emerald Bay and Cotulla to work closely together in the future to identify mutually beneficial projects.


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns various working interests in the HugoCellR and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:
http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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Ford Victoria posted an update in EMERALD BAY ENERGY INC

1 month

Hello Mike Thanks for your honest response, will give you a call. Have a great day.

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Mike Rice commented on Ford Victoria  update in EMERALD BAY ENERGY INC

1 month

Good morning Fernando, Mark, et al. No need to apologize for your sentiment. It is understandable. While we cannot address every person's expectations it is clear that we have not met many of yours in recent months. As you pointed out above we have anticipated being further along on several projects at this point. As I've pointed out recently, we are moving forward and making progress on all projects. There really isn't a point to walk through the current status of each project as anything short of completion and results will be viewed (understandably so) as excuses and Mark has already pointed this out. I encourage you to be a little more patient, projects will progress and get completed in the coming days and weeks. Hopefully we will have the results we are looking for and then your patience will be rewarded. Thanks again for your ongoing support and feel free to contact me any time. Mike Rice CFO (403) 262-6000
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Ford Victoria posted an update in EMERALD BAY ENERGY INC

Hello Mike There is anything you can tell us about the progress or unprogressive of the Kuhn wells?, to me these are the flags wells of EBY, the ones that really can produce a lot of oil and soon they will be one year behind production schedule, still no movements on the electric upgrade ?. Last December this was mentioned in a PR. We anticipate that the electrical upgrades will be completed in December (We are into February and no news about it) What about an update in the average production on the Floyd wells, I am assuming these are low production wells but it is good to know anyways. Any advancement in the Isabella property? . With the rig secured, the wellbore will be deepened to the base of the Buda formation at 8,200 feet, and both the Eagle Ford and Buda formations will be tested in December. Many weeks after that we have no news or updates. Is there any news about the wild cat well?, any rig on site? This was supposed to be drilled early to mid-January. The Company will pursue acquisitions and dispositions which would allow us to add production, reserves, and cash flow in a cost effective manner while maintaining a level of flexibility in our balance sheet. I hope there is nothing else added to EBY looking at the inability of the company to actually develop the projects it already has. Overall is sad to see there is no a single event, project that EBY gets in that goes to completion on schedule and without problems and setbacks, I hope there will be 180 degree change in how things are happening so far, Many investors are not happy with the overall progress of the company and it shows in our share price stalled at a year low without any excitement to even have a hiccup. It is nice to see the PP it did go through but regardless of who bought into it is dilution to the share structure of the company. I hope this was the last one and the company reach profitability so there is no need to print more shares. Sorry if my questions and comments are not cheerful is the sentiment I have for our lack of progress, Have a great day and looking forward to your answer.

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Ford Victoria posted an update in EMERALD BAY ENERGY INC

1 month

Hello Mike There is anything you can tell us about the progress or unprogressive of the Kuhn wells?, to me these are the flags wells of EBY, the ones that really can produce a lot of oil and soon they will be one year behind production schedule, still no movements on the electric upgrade ?. Last December this was mentioned in a PR. We anticipate that the electrical upgrades will be completed in December (We are into February and no news about it) What about an update in the average production on the Floyd wells, I am assuming these are low production wells but it is good to know anyways. Any advancement in the Isabella property? . With the rig secured, the wellbore will be deepened to the base of the Buda formation at 8,200 feet, and both the Eagle Ford and Buda formations will be tested in December. Many weeks after that we have no news or updates. Is there any news about the wild cat well?, any rig on site? This was supposed to be drilled early to mid-January. The Company will pursue acquisitions and dispositions which would allow us to add production, reserves, and cash flow in a cost effective manner while maintaining a level of flexibility in our balance sheet. I hope there is nothing else added to EBY looking at the inability of the company to actually develop the projects it already has. Overall is sad to see there is no a single event, project that EBY gets in that goes to completion on schedule and without problems and setbacks, I hope there will be 180 degree change in how things are happening so far, Many investors are not happy with the overall progress of the company and it shows in our share price stalled at a year low without any excitement to even have a hiccup. It is nice to see the PP it did go through but regardless of who bought into it is dilution to the share structure of the company. I hope this was the last one and the company reach profitability so there is no need to print more shares. Sorry if my questions and comments are not cheerful is the sentiment I have for our lack of progress, Have a great day and looking forward to your answer.

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Alex McLean replied to the press release 8020 Admin  update in EMERALD BAY ENERGY INC

1 month

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Thanks, Mike! I know these things take some time. Glad it's settled. Good luck in the coming months.keyboard_arrow_downShow Post

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8020 Admin

1 month

8020 Admin  posted an update in EMERALD BAY ENERGY INC

CALGARY, AB / ACCESSWIRE / February 4, 2019 / Further to the press releases dated May 29, 2018 and February 4, 2019 (collectively, the "Press Releases"), Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Corporation", the "Company" or "Emerald Bay") wishes to announce Clarence Wagenaar, after the issuance of the 18,493,178 common shares of the Corporation announced in the Press Releases, controls, directly and indirectly, an aggregate 50,030,178 common shares of the Corporation, or 15.6% of the outstanding common shares of the Corporation.


About Emerald Bay


Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadeloupe, Texas, where the Company currently now owns a 50.00% working interest those projects. Additionally, the Company owns various working interests in the HugoCellR and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.


For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:


http://bit.ly/8020EBY


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE: Emerald Bay Energy Inc.

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