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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EMERALD BAY ENERGY INC

lockPrivateGroup

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

people119 Members        (0)

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Darren Stewart commented on Mike Rice  update in EMERALD BAY ENERGY INC

22 hours

You make owning an oil stock fun... thanks Mike!keyboard_arrow_downShow Post

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Mike Rice posted an update inEMERALD BAY ENERGY INC

Imhoff 1 work over operation

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Mike Rice posted an update in EMERALD BAY ENERGY INC

1 day

Imhoff 1 work over operation

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Mike Rice commented on Matthew King  update in EMERALD BAY ENERGY INC

1 day

Matthew, feel free to call me tomorrow at the office. 403-262-6000keyboard_arrow_downShow Post

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Matthew King posted an update inEMERALD BAY ENERGY INC

Anyone know how to subscribe to the PP?

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Mike Rice posted an update in EMERALD BAY ENERGY INC

1 day

Great to see the rig on location at the Imhoff 1 well. Should be on production soon.

Imhoff workover

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Media Relations posted a press release Emerald Bay Announces Private Placement in EMERALD BAY ENERGY INC

April 18, 2018

Emerald Bay Announces Private Placement

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc.  (TSX Venture: EBY) (the "Corporation", the "Company" or "Emerald Bay") today reported that the Corporation is proposing a private placement offering of up to $500,000 (up to maximum of 20,000,000 common shares ("Common Shares") of the Corporation).  The Common Shares are to be issued under a unit offering whereby up to a maximum of 20,000,000 units ("Units") at a subscription price of $0.025 per Unit are to be offered.  Each Unit shall consist of one (1) Common Share of the Corporation and one (1) share purchase warrant (the "Warrant") (each full Warrant shall entitle the holder thereof to purchase one (1) additional Common Share of the Corporation for a period of 12 months from the issuance of the Units at a price of $0.05) (the "Offering"). 

The Warrants are subject to an acceleration clause whereby if after four months and one day following the date the Warrants are issued, the closing price of the Common Shares of the Corporation on the principal market on which such shares trade is equal to or exceeds $0.10 for 30 consecutive trading days (with the 30th such trading date hereafter referred to as the "Eligible Acceleration Date"), the Warrant expiry date shall accelerate to the date which is 30 calendar days following the date a press release is issued by the Corporation announcing the reduced warrant term, provided, no more than five business days following the Eligible Acceleration Date: (i) the press release is issued; and (ii) notices are sent to all warrant holders. 

The net proceeds will be used in respect existing drilling commitments on the Corporation’s assets in Texas, specifically in relation to the following:

  • at the Corporation’s Wooden Horse property, the Corporation:

(i) will drill, complete, and equip the Kuhn 5 and Kuhn 6 wells in the Austin Chalk, Eagle Ford, and/or Buda formations at an approximate cost of $135,000 each;

(ii) will re-complete the Kuhn 1H well in the A zone of the Edwards formation at an approximate cost of $150,000; and

(iii) will renew leased acreage and lease acreage adjacent to the Wooden Horse property at an approximate cost of $80,000.

All of the Common Shares and Warrants issued pursuant to the private placement are subject to a 4-month hold period. The terms of the private placement are according to the TSX Venture Exchange Discretionary Waivers of $0.05 Minimum Pricing Requirement Bulletin dated April 7, 2014 and are subject to the approval of the TSX Venture Exchange.

About Emerald Bay

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company. 

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc for all upcoming news releases, articles, comments and questions.

 

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.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential"   or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.  Forward-looking statements are statements that are not historical facts.

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements.  Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals.  Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.  Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.


Source: Emerald Bay Energy Inc. (TSX Venture:EBY, OTC Bulletin Board:EMBYF)

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Matthew King posted an update in EMERALD BAY ENERGY INC

1 day

Anyone know how to subscribe to the PP?

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Louis Paul replied to the press release Media Relations  update in EMERALD BAY ENERGY INC

1 day

Excellent news. WTI above $ 68, life is beautiful with EBY!keyboard_arrow_downShow Post

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Media Relations  posted an update in EMERALD BAY ENERGY INC

Wednesday, April 18, 2018 - 12:45 PM EDT

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc.  (TSX Venture: EBY) (the “Company” or “Emerald Bay”) announced  that the Company moved a service rig on location today to work over and equip the Imhoff 1 well at the Company’s Wooden Horse property in Southwest Texas.  The work over will be completed today and the well will then be put on production.

Shelby Beattie, President and CEO of the Company commented, “We are excited to have a rig on location and to get the operations underway on the Imhoff 1 well.  With the Kuhn 3, Kuhn 4 and Imhoff 1 wells on production, we are now ready to move forward with drilling Kuhn 5 and Kuhn 6 in the coming weeks.” 

 

-30-

About Emerald Bay

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company. 

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc  for all upcoming news releases, articles, comments and questions.

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.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential"   or similar expressions.. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.  Forward-looking statements are statements that are not historical facts.

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements.  Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals.  Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.  Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.


To view the original release, please click here

Source: Emerald Bay Energy Inc. (TSX Venture:EBY, OTC Bulletin Board:EMBYF)

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Media Relations posted a press release Emerald Bay Energy Commences Operations on Imhoff 1 Well in EMERALD BAY ENERGY INC

Wednesday, April 18, 2018 - 12:45 PM EDT

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc.  (TSX Venture: EBY) (the “Company” or “Emerald Bay”) announced  that the Company moved a service rig on location today to work over and equip the Imhoff 1 well at the Company’s Wooden Horse property in Southwest Texas.  The work over will be completed today and the well will then be put on production.

Shelby Beattie, President and CEO of the Company commented, “We are excited to have a rig on location and to get the operations underway on the Imhoff 1 well.  With the Kuhn 3, Kuhn 4 and Imhoff 1 wells on production, we are now ready to move forward with drilling Kuhn 5 and Kuhn 6 in the coming weeks.” 

 

-30-

About Emerald Bay

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company. 

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc  for all upcoming news releases, articles, comments and questions.

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.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential"   or similar expressions.. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.  Forward-looking statements are statements that are not historical facts.

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements.  Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals.  Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.  Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.


To view the original release, please click here

Source: Emerald Bay Energy Inc. (TSX Venture:EBY, OTC Bulletin Board:EMBYF)

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Louis Paul commented on patfest  update in EMERALD BAY ENERGY INC

1 day

As the news is scarce in recent weeks, contrary to what we have been used to, we have to imagine scenarios. The financial results as at 31 December 2017 are unlikely to meet investors' expectations, considering that the very good news began to appear only at the end of the year. I think the whole EBY group is working hard to finalize the work on some wells to show that the year 2018 will definitely be better. In one of his many communications, Mike mentioned that Imhoff 1 needed only a new pump to restart production. And he also mentioned that they had imminent plans for Kuhn 1H and Poenitz 1 and 2. The results of Kuhn 4 will soon be released, in addition to the start of drilling for Kuhn 5 and 6. All this should be very positive on the SP. Hope this is the strategy they are working on.keyboard_arrow_downShow Post

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patfest

1 day

patfest posted an update inEMERALD BAY ENERGY INC

It's disconcerting to see Mr. Wagenaar sell so many shares, but if you have a chance to look further down the SEDI report, you can see he has bought over 125 million at .01 cent! Who can blame him for taking some off the top? Looking forward to the Statement of Reserves. It's been a while since we've had an update. Though compared to most other companies, mikerice , you have been doing a great job of communicating. But you may have created an expectation we hear EBY news from you more often. So, what's new?

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patfest posted an update in EMERALD BAY ENERGY INC

1 day

It's disconcerting to see Mr. Wagenaar sell so many shares, but if you have a chance to look further down the SEDI report, you can see he has bought over 125 million at .01 cent! Who can blame him for taking some off the top? Looking forward to the Statement of Reserves. It's been a while since we've had an update. Though compared to most other companies, mikerice , you have been doing a great job of communicating. But you may have created an expectation we hear EBY news from you more often. So, what's new?

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Insider sold 13mil commons shareskeyboard_arrow_downShow Post

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Vic Sangarapillai posted an update inEMERALD BAY ENERGY INC

Any one has information about EBY status?

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Louis Paul commented on Vic Sangarapillai  update in EMERALD BAY ENERGY INC

11 days

An update by the company would undoubtedly be very appreciated by the shareholders.keyboard_arrow_downShow Post

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Vic Sangarapillai posted an update inEMERALD BAY ENERGY INC

Any one has information about EBY status?

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Vic Sangarapillai posted an update in EMERALD BAY ENERGY INC

13 days

Any one has information about EBY status?

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Declan H commented on Declan H  update in EMERALD BAY ENERGY INC

23 days

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Declan H

29 days

Declan H posted an update inEMERALD BAY ENERGY INC

Congrats to Emerald Bay on yesterday's excellent news! Two quick questions: 1) Am I right in thinking that you are now producing 110 barrels a day (60 bbls/day from Kuhn 3, 40 bbls/day from Kuhn 4, and an extra 10 bbls/day from the MarPat wells)? 2) Is there a prediction for the lifespan on the wells? Geology/geophysics can give a mining company a prediction of the size of an ore deposit... can this be done with oil? If this info is already posted on your website or on another post here, feel free to save time and just point me to the link :) Thanks kindly, and again, great work! - Declan H

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

23 days

Mike, now that the work has been done at Kuhn 3 and Kuhn 4, will work be done to change the Imhoff 1 pump as mentioned in this news? What is the plan ? Thank you and continue your excellent work. Louiskeyboard_arrow_downShow Post

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8020 Admin

2 months

8020 Admin  posted an update in EMERALD BAY ENERGY INC

Emerald Bay Energy Begins Testing the Eagle Ford Formation at Kuhn 3

Emerald Bay Energy Begins Testing the Eagle Ford Formation at Kuhn 3

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc.  (TSX Venture: EBY) (the “Company” or “Emerald Bay”) announced  that the Company moved a service rig on location today to perforate the Eagle Ford formation in the Kuhn 3 well at the Company’s Wooden Horse property in Southwest Texas.  The perforating will be completed today and then swabbing operations will commence to determine inflow rates.  This is the first phase of the completion operations Emerald Bay has planned for Kuhn 3 as previously announced on January 16, 2018.

Until recently, completing the Eagle Ford was not part of the Kuhn 3 completion program, our geophysical team however likes what they see in the logs and recommended to management that the Company perforate and test Kuhn 3 in the Eagle Ford.

Shelby Beattie, President and CEO of the Company commented, “We are excited to have a rig on location and to get started on the operations we have been planning for the past two months.  Kuhn 3 is the first well we will be working on and then we will move over to Kuhn 4, then Imhoff 1, and so on.  It is going to be a very busy month.  As far as Kuhn 3 is concerned, we are going to test the Eagle Ford, and then the upper Austin Chalk as well as the Pecan Gap formations.” 

About Emerald Bay

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company. 

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc  for all upcoming news releases, articles, comments and questions.

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.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential"   or similar expressions.. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.  Forward-looking statements are statements that are not historical facts.

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements.  Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals.  Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.  Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.


To view the associated document to this release, please click on the following link:
public://news_release_pdf/EmeraldBay02052018.pdf
Source: Emerald Bay Energy Inc. (TSX Venture:EBY, OTC Bulletin Board:EMBYF)

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Mike Rice commented on Andy B  update in EMERALD BAY ENERGY INC

23 days

Hello Andy. Thank you for your post. Please note that Emerald Bay will always make every possible effort to communicate with our shareholders and to interested investors. Thank you, Mike Ricekeyboard_arrow_downShow Post

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Andy B

27 days

Andy B posted an update inEMERALD BAY ENERGY INC

Hi Mike, I appreciate you are busy, but when you find time can you indicate when, or if, Emerald Bay intends to promote the company to a wider audience?

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Mike Rice commented on Declan H  update in EMERALD BAY ENERGY INC

23 days

Hello Declan, thank you for your congratulations. Emerald Bay's NI 51-101F1 (Statement of Reserves Data and Other Oil & Gas Information) will be filed later next month with the Financials. You will be able to find it on Sedar. That report should answer your questions.keyboard_arrow_downShow Post

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Declan H

29 days

Declan H posted an update inEMERALD BAY ENERGY INC

Congrats to Emerald Bay on yesterday's excellent news! Two quick questions: 1) Am I right in thinking that you are now producing 110 barrels a day (60 bbls/day from Kuhn 3, 40 bbls/day from Kuhn 4, and an extra 10 bbls/day from the MarPat wells)? 2) Is there a prediction for the lifespan on the wells? Geology/geophysics can give a mining company a prediction of the size of an ore deposit... can this be done with oil? If this info is already posted on your website or on another post here, feel free to save time and just point me to the link :) Thanks kindly, and again, great work! - Declan H

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Fernando Guerrero Gomez commented on Andy B  update in EMERALD BAY ENERGY INC

27 days

Yes EBY needs some advertising to get to new investors, stockhouse or any other company that specializes in that or we will stay 2 to 3 cents forever even if the company started to do a lot better. Lets say you guys do a great job informing the investors that makes 50% why I am with EBY. Thanks for any info. keyboard_arrow_downShow Post

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Andy B

27 days

Andy B posted an update inEMERALD BAY ENERGY INC

Hi Mike, I appreciate you are busy, but when you find time can you indicate when, or if, Emerald Bay intends to promote the company to a wider audience?

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Andy B posted an update in EMERALD BAY ENERGY INC

27 days

Hi Mike, I appreciate you are busy, but when you find time can you indicate when, or if, Emerald Bay intends to promote the company to a wider audience?

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Declan H posted an update in EMERALD BAY ENERGY INC

29 days

Congrats to Emerald Bay on yesterday's excellent news! Two quick questions: 1) Am I right in thinking that you are now producing 110 barrels a day (60 bbls/day from Kuhn 3, 40 bbls/day from Kuhn 4, and an extra 10 bbls/day from the MarPat wells)? 2) Is there a prediction for the lifespan on the wells? Geology/geophysics can give a mining company a prediction of the size of an ore deposit... can this be done with oil? If this info is already posted on your website or on another post here, feel free to save time and just point me to the link :) Thanks kindly, and again, great work! - Declan H

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Media Relations posted a press release Emerald Bay to Sell the First 700 Barrels of Oil Production from the Kuhn 3 and Kuhn 4 Wells in EMERALD BAY ENERGY INC

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that the Company is selling the first loads of oil production from the Kuhn 3 and Kuhn 4 wells.  Since pumping began at Kuhn 3 last week the well has produced over 500 barrels of oil and is averaging 62 bbls/day of oil production.  At Kuhn 4, over 200 barrels of oil was produced during the intermittent testing of the 1 foot interval in the Buda formation.  The additional 5 foot perforating operation was successfully completed last week and the Kuhn 4 well is now flowing back the water and acid from the operation at a rate of 40bbls/day.

Shelby Beattie, President and CEO of the Company commented, “We acquired the Wooden Horse property as an Austin Chalk and Edwards play.  During our exploration drilling to date we have also identified other possible hydrocarbon bearing zones in the Buda, Georgetown and Pecan Gap formations.  We are very pleased with the production rates we are seeing from the Kuhn 3 well and we are moving forward with plans to drill our next two wells at Wooden Horse as Austin Chalk targets.  Our geophysical team is in the final stage of positioning the Kuhn 5 and Kuhn 6 locations updip from the Kuhn 3 well and closer to the fault system.  We drilled Kuhn 4 as an Austin Chalk target, but the well has been completed to this point in the Buda formation.  We have had some positive initial tests results from the Buda in Kuhn 4 and we perforated an additional five feet of the zone last week.  We are currently flowing the acid and water back from the perforating operation at a rate of 40/bbls day.  We are anxious to see what Kuhn 4 will produce in the coming weeks.  With the current oil price over $64.00 U.S. per barrel, and the low operating costs we have at Wooden Horse, these wells will provide an excellent return on investment to the Company.”

About Emerald Bay

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company.

 

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc for all upcoming news releases, articles, comments and questions.

 

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.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential" or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.  Forward-looking statements are statements that are not historical facts.

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements.  Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals.  Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.  Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.

 

To view the original release, please click here

Source: Emerald Bay Energy Inc. (TSX Venture:EBY, OTC Bulletin Board:EMBYF)

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

1 month

Hi Louis. As always, the Company discloses numbers based on actual production rates. We are always working to optimize all of our wells and it is a constant process. It is not our policy to publicly speculate on what may or may not be "optimal" for a given well at a given point in time. I hope that helps. Mikekeyboard_arrow_downShow Post

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Mike Rice

1 month

Mike Rice posted an update inEMERALD BAY ENERGY INC

Hello Emerald Bay Investor Group. Click on the link. Very exciting to see the Kuhn 3 Well pumping.

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Louis Paul commented on Mike Rice  update in EMERALD BAY ENERGY INC

1 month

Thanks Mike, that's the kind of information I was looking for. At this point, is Kuhn 3 optimal in terms of production or if you have to work on it for a while to determine how to make the most of it?keyboard_arrow_downShow Post

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Mike Rice

1 month

Mike Rice posted an update inEMERALD BAY ENERGY INC

Hello Emerald Bay Investor Group. Click on the link. Very exciting to see the Kuhn 3 Well pumping.

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

1 month

Hello Louis. I'm not quite sure what you are asking, but let me give you a little insight on how the pumping equipment in a well like this works. Pump size, stroke length, number of strokes per minute, and pump efficiency determine what a pump can produce in volume. Adjustments that can be made to the pump jack include increasing the pulley size and lengthening the stroke on the jack. Those are the mechanical ways you can "optimize" production rates. I'm not sure if that is the answer you are looking for so if you have any additional questions, please ask. Thanks, Mike Ricekeyboard_arrow_downShow Post

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Mike Rice

1 month

Mike Rice posted an update inEMERALD BAY ENERGY INC

Hello Emerald Bay Investor Group. Click on the link. Very exciting to see the Kuhn 3 Well pumping.

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Louis Paul commented on Mike Rice  update in EMERALD BAY ENERGY INC

1 month

Hello Mike. In the March 12 news about Kuhn 3, we read: "At current pump jack settings, the well is producing 80 bbls / day of oil including the associated gas". Should we understand that you could use different settings that could give superior results? Can you explain how it works? I can not wait to read you about the results of Kuhn 4. Great job. Thank you.keyboard_arrow_downShow Post

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Mike Rice

1 month

Mike Rice posted an update inEMERALD BAY ENERGY INC

Hello Emerald Bay Investor Group. Click on the link. Very exciting to see the Kuhn 3 Well pumping.

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Mike Rice posted an update in EMERALD BAY ENERGY INC

1 month

Hello Emerald Bay Investor Group. Click on the link. Very exciting to see the Kuhn 3 Well pumping.

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8020 Admin

1 month

8020 Admin posted a press release Emerald Bay Updates Operations at MarPat Lease and Kuhn 4 Well in EMERALD BAY ENERGY INC

 

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc.  (TSX Venture: EBY) (the “Company” or “Emerald Bay”) announced today that the Company has begun operations to equip and tie in the final three wells of the MarPat partnerships.  As noted in the press release of January 19, 2018, the wells were perforated and completed in the Anacocho, Olmos, or Escondido formations.   It is anticipated that all three wells will be equipped and producing by the end of the week.  With the completion of this operation, oil production from the sixteen MarPat wells will be approximately 40 bbls/day, approximately 10 bbls/day net to Emerald Bay at no cost to the Company. 

The MarPat partnerships are farmouts whereby the farmees/partners pay 100% of the drilling and equipping costs for a 75% working interest in the wells.  As the operator and farmor, Emerald Bay earns a 25% carried working interest in the wells. 

At Kuhn 4, the Company has completed the operation whereby an additional 5 foot interval was perforated in the Buda formation.   The formation was stimulated with acid yesterday and swabbing operations will begin tomorrow.  Once swabbing operations are complete the well will be put on production.  The Company will provide updates as they become available.

About Emerald Bay

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company. 

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc  for all upcoming news releases, articles, comments and questions.

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.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential"   or similar expressions.. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.  Forward-looking statements are statements that are not historical facts.

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements.  Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals.  Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.  Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.

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Darren Stewart posted an update in EMERALD BAY ENERGY INC

1 month

Yesterday I reposted two of Mike Rice's posts. There was a bug in the HTML code in one of the posts that caused a visual issue with the investor group feed. I did not alter the posts, I simply reposted each and removed the bad code. We are implementing a fix to keep this from happening in the future. Sorry for any confusion.

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DArcy replied to the press release Darren Stewart  update in EMERALD BAY ENERGY INC

1 month

Great news today! Thanks for the posts of the lease and pump jack picture too....keyboard_arrow_downShow Post

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Darren Stewart  posted an update in EMERALD BAY ENERGY INC

(8020 Reposted) Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that the Kuhn 3 Well has begun production. The Company was able to run the rods and pump in the well on Saturday as planned and Kuhn 3 has been producing for 48 hours now. At current pump jack settings, the well is producing 80 bbls/day of oil including the associated gas. The Company will provide further updates as they become available.

-30-

About Emerald Bay

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company.

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc for all upcoming news releases, articles, comments and questions.

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.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential" or similar expressions.. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Forward-looking statements are statements that are not historical facts.

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements. Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information. Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.

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Darren Stewart posted a press release Emerald Bay Kuhn 3 Well Begins Production in EMERALD BAY ENERGY INC

(8020 Reposted) Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that the Kuhn 3 Well has begun production. The Company was able to run the rods and pump in the well on Saturday as planned and Kuhn 3 has been producing for 48 hours now. At current pump jack settings, the well is producing 80 bbls/day of oil including the associated gas. The Company will provide further updates as they become available.

-30-

About Emerald Bay

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company.

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc for all upcoming news releases, articles, comments and questions.

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.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential" or similar expressions.. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Forward-looking statements are statements that are not historical facts.

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements. Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information. Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.

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Darren Stewart posted an update in EMERALD BAY ENERGY INC

1 month

(Repost) Hello Emerald Bay Investor Group. I'm posting a picture of the Kuhn 3 Well below. We were able to run the pump in over on Saturday and the well is now producing. The pump jack is set so the the well is producing 80 bbls/day of oil that is quite gassy. This is very exciting news for the Company and it's shareholders and partners.

Kuhn 3

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

1 month

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8020 Admin

1 month

8020 Admin  posted an update in EMERALD BAY ENERGY INC

 

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc.  (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that operations commenced this morning to add a five foot interval of perforations to the one foot interval currently perforated in the Buda formation of the Kuhn 4 well at the Company’s Wooden Horse play.  Perforating operations will be completed today and the well will be shut in for 48 hours.  Early next week the newly perforated interval will be stimulated with an acid treatment and the well will be swabbed for a short period of time. The well will then be put on production and the Company will provide further updates as they become available.

 

-30-

 

About Emerald Bay

 

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company. 

 

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc  for all upcoming news releases, articles, comments and questions.

 

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.

 

Forward-Looking Statements

 

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential"   or similar expressions.. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.  Forward-looking statements are statements that are not historical facts.

 

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements.  Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals.  Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.  Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.



To view the associated document to this release, please click on the following link:
public://news_release_pdf/EmeraldBay03092018.pdf



Source: Emerald Bay Energy Inc. (TSX Venture:EBY, OTC Bulletin Board:EMBYF)

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8020 Admin

1 month

8020 Admin posted a press release Emerald Bay Begins Additional Perforations in the Buda at Kuhn 4 in EMERALD BAY ENERGY INC

 

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc.  (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that operations commenced this morning to add a five foot interval of perforations to the one foot interval currently perforated in the Buda formation of the Kuhn 4 well at the Company’s Wooden Horse play.  Perforating operations will be completed today and the well will be shut in for 48 hours.  Early next week the newly perforated interval will be stimulated with an acid treatment and the well will be swabbed for a short period of time. The well will then be put on production and the Company will provide further updates as they become available.

 

-30-

 

About Emerald Bay

 

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company. 

 

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc  for all upcoming news releases, articles, comments and questions.

 

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.

 

Forward-Looking Statements

 

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential"   or similar expressions.. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.  Forward-looking statements are statements that are not historical facts.

 

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements.  Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals.  Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.  Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.



To view the associated document to this release, please click on the following link:
public://news_release_pdf/EmeraldBay03092018.pdf



Source: Emerald Bay Energy Inc. (TSX Venture:EBY, OTC Bulletin Board:EMBYF)

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Mike Rice posted an update in EMERALD BAY ENERGY INC

1 month

Good morning Emerald Bay Investors Group. The service rig is on location at Kuhn 4 and the perforators should be arriving shortly.

Fullsizerender

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8020 Admin

1 month

8020 Admin posted a press release Emerald Bay Updates Kuhn 3 Operations in EMERALD BAY ENERGY INC

Emerald Bay Updates Kuhn 3 Operations

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to provide the following update on operations to tie in the Kuhn 3 well at the Company’s Wooden Horse play in Southwest Texas.  After experiencing several days of limited access to the lease due to weather, crews have been on location for the past week and have been able to trench flow lines, set the pump jack in place, and install the necessary electrical equipment in preparation for running the rods and pump in the well later this week.  The well is now tied into production facilities.  With a bottom hole shut in pressure of 724 psi and 120 psi at the wellhead, the well is currently free-flowing oil up the flow line to the tank battery.  With the current flow rates and pressure it may be difficult to run the pump in the well at this time, however the Company has arranged to have a rig on location Saturday to attempt to swab the well down sufficiently in order to run the pumping equipment in. The Company will provide further updates as they become available.

About Emerald Bay

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company. 

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc  for all upcoming news releases, articles, comments and questions.

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.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential"   or similar expressions.. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.  Forward-looking statements are statements that are not historical facts.

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements.  Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals.  Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.  Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.

To view the associated document to this release, please click on the following link:
public://news_release_pdf/EmeraldBay03072018_0.pdf
Source: Emerald Bay Energy Inc. (TSX Venture:EBY, OTC Bulletin Board:EMBYF)

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Mike Rice posted an update in EMERALD BAY ENERGY INC

1 month

Electrical work has been completed at Kuhn 3 in preparation to begin pumping the well.

Image 2

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Mike Rice posted an update in EMERALD BAY ENERGY INC

1 month

Here is another photo of the custom manifold/header that was put in place this week tying Kuhn 3 and Kuhn 4 into the flow line. This manifold has additional inlets for future development.

Image 2

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Mike Rice posted an update in EMERALD BAY ENERGY INC

1 month

Hello Emerald Bay Investor Group. Here is a photo of the crew setting the pumpjack in place at Kuhn 3

Image 2

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Media Relations posted an update in EMERALD BAY ENERGY INC

1 month

Darren Stewart, Founder & CEO of 8020 Connect hosts an episode of "Locking Horns" with Mike Rice, CFO of Emerald Bay Energy for a progress update.

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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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EMERALD BAY ENERGY INC

lockPrivateGroup

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

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Darren Stewart commented on Mike Rice  update in EMERALD BAY ENERGY INC

22 hours

You make owning an oil stock fun... thanks Mike!keyboard_arrow_downShow Post

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Mike Rice posted an update inEMERALD BAY ENERGY INC

Imhoff 1 work over operation

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Mike Rice posted an update in EMERALD BAY ENERGY INC

1 day

Imhoff 1 work over operation

Fullsizerender

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Mike Rice commented on Matthew King  update in EMERALD BAY ENERGY INC

1 day

Matthew, feel free to call me tomorrow at the office. 403-262-6000keyboard_arrow_downShow Post

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Matthew King posted an update inEMERALD BAY ENERGY INC

Anyone know how to subscribe to the PP?

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Mike Rice posted an update in EMERALD BAY ENERGY INC

1 day

Great to see the rig on location at the Imhoff 1 well. Should be on production soon.

Imhoff workover

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Media Relations posted a press release Emerald Bay Announces Private Placement in EMERALD BAY ENERGY INC

April 18, 2018

Emerald Bay Announces Private Placement

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc.  (TSX Venture: EBY) (the "Corporation", the "Company" or "Emerald Bay") today reported that the Corporation is proposing a private placement offering of up to $500,000 (up to maximum of 20,000,000 common shares ("Common Shares") of the Corporation).  The Common Shares are to be issued under a unit offering whereby up to a maximum of 20,000,000 units ("Units") at a subscription price of $0.025 per Unit are to be offered.  Each Unit shall consist of one (1) Common Share of the Corporation and one (1) share purchase warrant (the "Warrant") (each full Warrant shall entitle the holder thereof to purchase one (1) additional Common Share of the Corporation for a period of 12 months from the issuance of the Units at a price of $0.05) (the "Offering"). 

The Warrants are subject to an acceleration clause whereby if after four months and one day following the date the Warrants are issued, the closing price of the Common Shares of the Corporation on the principal market on which such shares trade is equal to or exceeds $0.10 for 30 consecutive trading days (with the 30th such trading date hereafter referred to as the "Eligible Acceleration Date"), the Warrant expiry date shall accelerate to the date which is 30 calendar days following the date a press release is issued by the Corporation announcing the reduced warrant term, provided, no more than five business days following the Eligible Acceleration Date: (i) the press release is issued; and (ii) notices are sent to all warrant holders. 

The net proceeds will be used in respect existing drilling commitments on the Corporation’s assets in Texas, specifically in relation to the following:

  • at the Corporation’s Wooden Horse property, the Corporation:

(i) will drill, complete, and equip the Kuhn 5 and Kuhn 6 wells in the Austin Chalk, Eagle Ford, and/or Buda formations at an approximate cost of $135,000 each;

(ii) will re-complete the Kuhn 1H well in the A zone of the Edwards formation at an approximate cost of $150,000; and

(iii) will renew leased acreage and lease acreage adjacent to the Wooden Horse property at an approximate cost of $80,000.

All of the Common Shares and Warrants issued pursuant to the private placement are subject to a 4-month hold period. The terms of the private placement are according to the TSX Venture Exchange Discretionary Waivers of $0.05 Minimum Pricing Requirement Bulletin dated April 7, 2014 and are subject to the approval of the TSX Venture Exchange.

About Emerald Bay

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company. 

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc for all upcoming news releases, articles, comments and questions.

 

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.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential"   or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.  Forward-looking statements are statements that are not historical facts.

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements.  Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals.  Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.  Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.


Source: Emerald Bay Energy Inc. (TSX Venture:EBY, OTC Bulletin Board:EMBYF)

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Matthew King posted an update in EMERALD BAY ENERGY INC

1 day

Anyone know how to subscribe to the PP?

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Louis Paul replied to the press release Media Relations  update in EMERALD BAY ENERGY INC

1 day

Excellent news. WTI above $ 68, life is beautiful with EBY!keyboard_arrow_downShow Post

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Media Relations  posted an update in EMERALD BAY ENERGY INC

Wednesday, April 18, 2018 - 12:45 PM EDT

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc.  (TSX Venture: EBY) (the “Company” or “Emerald Bay”) announced  that the Company moved a service rig on location today to work over and equip the Imhoff 1 well at the Company’s Wooden Horse property in Southwest Texas.  The work over will be completed today and the well will then be put on production.

Shelby Beattie, President and CEO of the Company commented, “We are excited to have a rig on location and to get the operations underway on the Imhoff 1 well.  With the Kuhn 3, Kuhn 4 and Imhoff 1 wells on production, we are now ready to move forward with drilling Kuhn 5 and Kuhn 6 in the coming weeks.” 

 

-30-

About Emerald Bay

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company. 

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc  for all upcoming news releases, articles, comments and questions.

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.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential"   or similar expressions.. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.  Forward-looking statements are statements that are not historical facts.

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements.  Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals.  Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.  Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.


To view the original release, please click here

Source: Emerald Bay Energy Inc. (TSX Venture:EBY, OTC Bulletin Board:EMBYF)

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Media Relations posted a press release Emerald Bay Energy Commences Operations on Imhoff 1 Well in EMERALD BAY ENERGY INC

Wednesday, April 18, 2018 - 12:45 PM EDT

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc.  (TSX Venture: EBY) (the “Company” or “Emerald Bay”) announced  that the Company moved a service rig on location today to work over and equip the Imhoff 1 well at the Company’s Wooden Horse property in Southwest Texas.  The work over will be completed today and the well will then be put on production.

Shelby Beattie, President and CEO of the Company commented, “We are excited to have a rig on location and to get the operations underway on the Imhoff 1 well.  With the Kuhn 3, Kuhn 4 and Imhoff 1 wells on production, we are now ready to move forward with drilling Kuhn 5 and Kuhn 6 in the coming weeks.” 

 

-30-

About Emerald Bay

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company. 

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc  for all upcoming news releases, articles, comments and questions.

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.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential"   or similar expressions.. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.  Forward-looking statements are statements that are not historical facts.

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements.  Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals.  Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.  Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.


To view the original release, please click here

Source: Emerald Bay Energy Inc. (TSX Venture:EBY, OTC Bulletin Board:EMBYF)

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Louis Paul commented on patfest  update in EMERALD BAY ENERGY INC

1 day

As the news is scarce in recent weeks, contrary to what we have been used to, we have to imagine scenarios. The financial results as at 31 December 2017 are unlikely to meet investors' expectations, considering that the very good news began to appear only at the end of the year. I think the whole EBY group is working hard to finalize the work on some wells to show that the year 2018 will definitely be better. In one of his many communications, Mike mentioned that Imhoff 1 needed only a new pump to restart production. And he also mentioned that they had imminent plans for Kuhn 1H and Poenitz 1 and 2. The results of Kuhn 4 will soon be released, in addition to the start of drilling for Kuhn 5 and 6. All this should be very positive on the SP. Hope this is the strategy they are working on.keyboard_arrow_downShow Post

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patfest

1 day

patfest posted an update inEMERALD BAY ENERGY INC

It's disconcerting to see Mr. Wagenaar sell so many shares, but if you have a chance to look further down the SEDI report, you can see he has bought over 125 million at .01 cent! Who can blame him for taking some off the top? Looking forward to the Statement of Reserves. It's been a while since we've had an update. Though compared to most other companies, mikerice , you have been doing a great job of communicating. But you may have created an expectation we hear EBY news from you more often. So, what's new?

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patfest posted an update in EMERALD BAY ENERGY INC

1 day

It's disconcerting to see Mr. Wagenaar sell so many shares, but if you have a chance to look further down the SEDI report, you can see he has bought over 125 million at .01 cent! Who can blame him for taking some off the top? Looking forward to the Statement of Reserves. It's been a while since we've had an update. Though compared to most other companies, mikerice , you have been doing a great job of communicating. But you may have created an expectation we hear EBY news from you more often. So, what's new?

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Insider sold 13mil commons shareskeyboard_arrow_downShow Post

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Vic Sangarapillai posted an update inEMERALD BAY ENERGY INC

Any one has information about EBY status?

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Louis Paul commented on Vic Sangarapillai  update in EMERALD BAY ENERGY INC

11 days

An update by the company would undoubtedly be very appreciated by the shareholders.keyboard_arrow_downShow Post

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Vic Sangarapillai posted an update inEMERALD BAY ENERGY INC

Any one has information about EBY status?

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Vic Sangarapillai posted an update in EMERALD BAY ENERGY INC

13 days

Any one has information about EBY status?

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Declan H commented on Declan H  update in EMERALD BAY ENERGY INC

23 days

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Declan H

29 days

Declan H posted an update inEMERALD BAY ENERGY INC

Congrats to Emerald Bay on yesterday's excellent news! Two quick questions: 1) Am I right in thinking that you are now producing 110 barrels a day (60 bbls/day from Kuhn 3, 40 bbls/day from Kuhn 4, and an extra 10 bbls/day from the MarPat wells)? 2) Is there a prediction for the lifespan on the wells? Geology/geophysics can give a mining company a prediction of the size of an ore deposit... can this be done with oil? If this info is already posted on your website or on another post here, feel free to save time and just point me to the link :) Thanks kindly, and again, great work! - Declan H

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

23 days

Mike, now that the work has been done at Kuhn 3 and Kuhn 4, will work be done to change the Imhoff 1 pump as mentioned in this news? What is the plan ? Thank you and continue your excellent work. Louiskeyboard_arrow_downShow Post

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8020 Admin

2 months

8020 Admin  posted an update in EMERALD BAY ENERGY INC

Emerald Bay Energy Begins Testing the Eagle Ford Formation at Kuhn 3

Emerald Bay Energy Begins Testing the Eagle Ford Formation at Kuhn 3

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc.  (TSX Venture: EBY) (the “Company” or “Emerald Bay”) announced  that the Company moved a service rig on location today to perforate the Eagle Ford formation in the Kuhn 3 well at the Company’s Wooden Horse property in Southwest Texas.  The perforating will be completed today and then swabbing operations will commence to determine inflow rates.  This is the first phase of the completion operations Emerald Bay has planned for Kuhn 3 as previously announced on January 16, 2018.

Until recently, completing the Eagle Ford was not part of the Kuhn 3 completion program, our geophysical team however likes what they see in the logs and recommended to management that the Company perforate and test Kuhn 3 in the Eagle Ford.

Shelby Beattie, President and CEO of the Company commented, “We are excited to have a rig on location and to get started on the operations we have been planning for the past two months.  Kuhn 3 is the first well we will be working on and then we will move over to Kuhn 4, then Imhoff 1, and so on.  It is going to be a very busy month.  As far as Kuhn 3 is concerned, we are going to test the Eagle Ford, and then the upper Austin Chalk as well as the Pecan Gap formations.” 

About Emerald Bay

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company. 

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc  for all upcoming news releases, articles, comments and questions.

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.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential"   or similar expressions.. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.  Forward-looking statements are statements that are not historical facts.

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements.  Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals.  Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.  Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.


To view the associated document to this release, please click on the following link:
public://news_release_pdf/EmeraldBay02052018.pdf
Source: Emerald Bay Energy Inc. (TSX Venture:EBY, OTC Bulletin Board:EMBYF)

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Mike Rice commented on Andy B  update in EMERALD BAY ENERGY INC

23 days

Hello Andy. Thank you for your post. Please note that Emerald Bay will always make every possible effort to communicate with our shareholders and to interested investors. Thank you, Mike Ricekeyboard_arrow_downShow Post

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Andy B

27 days

Andy B posted an update inEMERALD BAY ENERGY INC

Hi Mike, I appreciate you are busy, but when you find time can you indicate when, or if, Emerald Bay intends to promote the company to a wider audience?

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Mike Rice commented on Declan H  update in EMERALD BAY ENERGY INC

23 days

Hello Declan, thank you for your congratulations. Emerald Bay's NI 51-101F1 (Statement of Reserves Data and Other Oil & Gas Information) will be filed later next month with the Financials. You will be able to find it on Sedar. That report should answer your questions.keyboard_arrow_downShow Post

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Declan H

29 days

Declan H posted an update inEMERALD BAY ENERGY INC

Congrats to Emerald Bay on yesterday's excellent news! Two quick questions: 1) Am I right in thinking that you are now producing 110 barrels a day (60 bbls/day from Kuhn 3, 40 bbls/day from Kuhn 4, and an extra 10 bbls/day from the MarPat wells)? 2) Is there a prediction for the lifespan on the wells? Geology/geophysics can give a mining company a prediction of the size of an ore deposit... can this be done with oil? If this info is already posted on your website or on another post here, feel free to save time and just point me to the link :) Thanks kindly, and again, great work! - Declan H

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Fernando Guerrero Gomez commented on Andy B  update in EMERALD BAY ENERGY INC

27 days

Yes EBY needs some advertising to get to new investors, stockhouse or any other company that specializes in that or we will stay 2 to 3 cents forever even if the company started to do a lot better. Lets say you guys do a great job informing the investors that makes 50% why I am with EBY. Thanks for any info. keyboard_arrow_downShow Post

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Andy B

27 days

Andy B posted an update inEMERALD BAY ENERGY INC

Hi Mike, I appreciate you are busy, but when you find time can you indicate when, or if, Emerald Bay intends to promote the company to a wider audience?

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Andy B posted an update in EMERALD BAY ENERGY INC

27 days

Hi Mike, I appreciate you are busy, but when you find time can you indicate when, or if, Emerald Bay intends to promote the company to a wider audience?

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Declan H posted an update in EMERALD BAY ENERGY INC

29 days

Congrats to Emerald Bay on yesterday's excellent news! Two quick questions: 1) Am I right in thinking that you are now producing 110 barrels a day (60 bbls/day from Kuhn 3, 40 bbls/day from Kuhn 4, and an extra 10 bbls/day from the MarPat wells)? 2) Is there a prediction for the lifespan on the wells? Geology/geophysics can give a mining company a prediction of the size of an ore deposit... can this be done with oil? If this info is already posted on your website or on another post here, feel free to save time and just point me to the link :) Thanks kindly, and again, great work! - Declan H

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Media Relations posted a press release Emerald Bay to Sell the First 700 Barrels of Oil Production from the Kuhn 3 and Kuhn 4 Wells in EMERALD BAY ENERGY INC

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that the Company is selling the first loads of oil production from the Kuhn 3 and Kuhn 4 wells.  Since pumping began at Kuhn 3 last week the well has produced over 500 barrels of oil and is averaging 62 bbls/day of oil production.  At Kuhn 4, over 200 barrels of oil was produced during the intermittent testing of the 1 foot interval in the Buda formation.  The additional 5 foot perforating operation was successfully completed last week and the Kuhn 4 well is now flowing back the water and acid from the operation at a rate of 40bbls/day.

Shelby Beattie, President and CEO of the Company commented, “We acquired the Wooden Horse property as an Austin Chalk and Edwards play.  During our exploration drilling to date we have also identified other possible hydrocarbon bearing zones in the Buda, Georgetown and Pecan Gap formations.  We are very pleased with the production rates we are seeing from the Kuhn 3 well and we are moving forward with plans to drill our next two wells at Wooden Horse as Austin Chalk targets.  Our geophysical team is in the final stage of positioning the Kuhn 5 and Kuhn 6 locations updip from the Kuhn 3 well and closer to the fault system.  We drilled Kuhn 4 as an Austin Chalk target, but the well has been completed to this point in the Buda formation.  We have had some positive initial tests results from the Buda in Kuhn 4 and we perforated an additional five feet of the zone last week.  We are currently flowing the acid and water back from the perforating operation at a rate of 40/bbls day.  We are anxious to see what Kuhn 4 will produce in the coming weeks.  With the current oil price over $64.00 U.S. per barrel, and the low operating costs we have at Wooden Horse, these wells will provide an excellent return on investment to the Company.”

About Emerald Bay

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company.

 

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc for all upcoming news releases, articles, comments and questions.

 

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.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential" or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.  Forward-looking statements are statements that are not historical facts.

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements.  Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals.  Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.  Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.

 

To view the original release, please click here

Source: Emerald Bay Energy Inc. (TSX Venture:EBY, OTC Bulletin Board:EMBYF)

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

1 month

Hi Louis. As always, the Company discloses numbers based on actual production rates. We are always working to optimize all of our wells and it is a constant process. It is not our policy to publicly speculate on what may or may not be "optimal" for a given well at a given point in time. I hope that helps. Mikekeyboard_arrow_downShow Post

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Mike Rice

1 month

Mike Rice posted an update inEMERALD BAY ENERGY INC

Hello Emerald Bay Investor Group. Click on the link. Very exciting to see the Kuhn 3 Well pumping.

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Louis Paul commented on Mike Rice  update in EMERALD BAY ENERGY INC

1 month

Thanks Mike, that's the kind of information I was looking for. At this point, is Kuhn 3 optimal in terms of production or if you have to work on it for a while to determine how to make the most of it?keyboard_arrow_downShow Post

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Mike Rice

1 month

Mike Rice posted an update inEMERALD BAY ENERGY INC

Hello Emerald Bay Investor Group. Click on the link. Very exciting to see the Kuhn 3 Well pumping.

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

1 month

Hello Louis. I'm not quite sure what you are asking, but let me give you a little insight on how the pumping equipment in a well like this works. Pump size, stroke length, number of strokes per minute, and pump efficiency determine what a pump can produce in volume. Adjustments that can be made to the pump jack include increasing the pulley size and lengthening the stroke on the jack. Those are the mechanical ways you can "optimize" production rates. I'm not sure if that is the answer you are looking for so if you have any additional questions, please ask. Thanks, Mike Ricekeyboard_arrow_downShow Post

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Mike Rice

1 month

Mike Rice posted an update inEMERALD BAY ENERGY INC

Hello Emerald Bay Investor Group. Click on the link. Very exciting to see the Kuhn 3 Well pumping.

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Louis Paul commented on Mike Rice  update in EMERALD BAY ENERGY INC

1 month

Hello Mike. In the March 12 news about Kuhn 3, we read: "At current pump jack settings, the well is producing 80 bbls / day of oil including the associated gas". Should we understand that you could use different settings that could give superior results? Can you explain how it works? I can not wait to read you about the results of Kuhn 4. Great job. Thank you.keyboard_arrow_downShow Post

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Mike Rice

1 month

Mike Rice posted an update inEMERALD BAY ENERGY INC

Hello Emerald Bay Investor Group. Click on the link. Very exciting to see the Kuhn 3 Well pumping.

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Mike Rice posted an update in EMERALD BAY ENERGY INC

1 month

Hello Emerald Bay Investor Group. Click on the link. Very exciting to see the Kuhn 3 Well pumping.

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8020 Admin

1 month

8020 Admin posted a press release Emerald Bay Updates Operations at MarPat Lease and Kuhn 4 Well in EMERALD BAY ENERGY INC

 

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc.  (TSX Venture: EBY) (the “Company” or “Emerald Bay”) announced today that the Company has begun operations to equip and tie in the final three wells of the MarPat partnerships.  As noted in the press release of January 19, 2018, the wells were perforated and completed in the Anacocho, Olmos, or Escondido formations.   It is anticipated that all three wells will be equipped and producing by the end of the week.  With the completion of this operation, oil production from the sixteen MarPat wells will be approximately 40 bbls/day, approximately 10 bbls/day net to Emerald Bay at no cost to the Company. 

The MarPat partnerships are farmouts whereby the farmees/partners pay 100% of the drilling and equipping costs for a 75% working interest in the wells.  As the operator and farmor, Emerald Bay earns a 25% carried working interest in the wells. 

At Kuhn 4, the Company has completed the operation whereby an additional 5 foot interval was perforated in the Buda formation.   The formation was stimulated with acid yesterday and swabbing operations will begin tomorrow.  Once swabbing operations are complete the well will be put on production.  The Company will provide updates as they become available.

About Emerald Bay

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company. 

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc  for all upcoming news releases, articles, comments and questions.

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.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential"   or similar expressions.. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.  Forward-looking statements are statements that are not historical facts.

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements.  Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals.  Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.  Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.

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Darren Stewart posted an update in EMERALD BAY ENERGY INC

1 month

Yesterday I reposted two of Mike Rice's posts. There was a bug in the HTML code in one of the posts that caused a visual issue with the investor group feed. I did not alter the posts, I simply reposted each and removed the bad code. We are implementing a fix to keep this from happening in the future. Sorry for any confusion.

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DArcy replied to the press release Darren Stewart  update in EMERALD BAY ENERGY INC

1 month

Great news today! Thanks for the posts of the lease and pump jack picture too....keyboard_arrow_downShow Post

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Darren Stewart  posted an update in EMERALD BAY ENERGY INC

(8020 Reposted) Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that the Kuhn 3 Well has begun production. The Company was able to run the rods and pump in the well on Saturday as planned and Kuhn 3 has been producing for 48 hours now. At current pump jack settings, the well is producing 80 bbls/day of oil including the associated gas. The Company will provide further updates as they become available.

-30-

About Emerald Bay

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company.

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc for all upcoming news releases, articles, comments and questions.

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.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential" or similar expressions.. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Forward-looking statements are statements that are not historical facts.

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements. Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information. Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.

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Darren Stewart posted a press release Emerald Bay Kuhn 3 Well Begins Production in EMERALD BAY ENERGY INC

(8020 Reposted) Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that the Kuhn 3 Well has begun production. The Company was able to run the rods and pump in the well on Saturday as planned and Kuhn 3 has been producing for 48 hours now. At current pump jack settings, the well is producing 80 bbls/day of oil including the associated gas. The Company will provide further updates as they become available.

-30-

About Emerald Bay

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company.

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc for all upcoming news releases, articles, comments and questions.

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.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential" or similar expressions.. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Forward-looking statements are statements that are not historical facts.

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements. Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information. Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.

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Darren Stewart posted an update in EMERALD BAY ENERGY INC

1 month

(Repost) Hello Emerald Bay Investor Group. I'm posting a picture of the Kuhn 3 Well below. We were able to run the pump in over on Saturday and the well is now producing. The pump jack is set so the the well is producing 80 bbls/day of oil that is quite gassy. This is very exciting news for the Company and it's shareholders and partners.

Kuhn 3

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

1 month

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8020 Admin

1 month

8020 Admin  posted an update in EMERALD BAY ENERGY INC

 

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc.  (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that operations commenced this morning to add a five foot interval of perforations to the one foot interval currently perforated in the Buda formation of the Kuhn 4 well at the Company’s Wooden Horse play.  Perforating operations will be completed today and the well will be shut in for 48 hours.  Early next week the newly perforated interval will be stimulated with an acid treatment and the well will be swabbed for a short period of time. The well will then be put on production and the Company will provide further updates as they become available.

 

-30-

 

About Emerald Bay

 

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company. 

 

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc  for all upcoming news releases, articles, comments and questions.

 

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.

 

Forward-Looking Statements

 

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential"   or similar expressions.. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.  Forward-looking statements are statements that are not historical facts.

 

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements.  Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals.  Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.  Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.



To view the associated document to this release, please click on the following link:
public://news_release_pdf/EmeraldBay03092018.pdf



Source: Emerald Bay Energy Inc. (TSX Venture:EBY, OTC Bulletin Board:EMBYF)

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8020 Admin

1 month

8020 Admin posted a press release Emerald Bay Begins Additional Perforations in the Buda at Kuhn 4 in EMERALD BAY ENERGY INC

 

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc.  (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that operations commenced this morning to add a five foot interval of perforations to the one foot interval currently perforated in the Buda formation of the Kuhn 4 well at the Company’s Wooden Horse play.  Perforating operations will be completed today and the well will be shut in for 48 hours.  Early next week the newly perforated interval will be stimulated with an acid treatment and the well will be swabbed for a short period of time. The well will then be put on production and the Company will provide further updates as they become available.

 

-30-

 

About Emerald Bay

 

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company. 

 

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc  for all upcoming news releases, articles, comments and questions.

 

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.

 

Forward-Looking Statements

 

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential"   or similar expressions.. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.  Forward-looking statements are statements that are not historical facts.

 

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements.  Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals.  Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.  Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.



To view the associated document to this release, please click on the following link:
public://news_release_pdf/EmeraldBay03092018.pdf



Source: Emerald Bay Energy Inc. (TSX Venture:EBY, OTC Bulletin Board:EMBYF)

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Mike Rice posted an update in EMERALD BAY ENERGY INC

1 month

Good morning Emerald Bay Investors Group. The service rig is on location at Kuhn 4 and the perforators should be arriving shortly.

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8020 Admin

1 month

8020 Admin posted a press release Emerald Bay Updates Kuhn 3 Operations in EMERALD BAY ENERGY INC

Emerald Bay Updates Kuhn 3 Operations

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to provide the following update on operations to tie in the Kuhn 3 well at the Company’s Wooden Horse play in Southwest Texas.  After experiencing several days of limited access to the lease due to weather, crews have been on location for the past week and have been able to trench flow lines, set the pump jack in place, and install the necessary electrical equipment in preparation for running the rods and pump in the well later this week.  The well is now tied into production facilities.  With a bottom hole shut in pressure of 724 psi and 120 psi at the wellhead, the well is currently free-flowing oil up the flow line to the tank battery.  With the current flow rates and pressure it may be difficult to run the pump in the well at this time, however the Company has arranged to have a rig on location Saturday to attempt to swab the well down sufficiently in order to run the pumping equipment in. The Company will provide further updates as they become available.

About Emerald Bay

Emerald Bay Energy Inc. (EBY) is an energy company with oil producing properties in southwest Texas as well as non operated oil, natural gas, and electricity generation 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company. 

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc  for all upcoming news releases, articles, comments and questions.

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.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "plan", "intend", "anticipates", "projects", "potential"   or similar expressions.. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.  Forward-looking statements are statements that are not historical facts.

Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed. BOE’s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Emerald Bay at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Emerald Bay that actual results achieved will be the same in whole or part as those indicated in the forward-looking statements.  Forward-looking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. In particular, forward-looking information in this news release includes, but is not limited to, statements with respect to: pipeline acquisitions and leasing; pipeline permits, pipeline construction, production estimates, drilling operations, completion operations, funding and development goals.  Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, level of activity, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.  Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.

To view the associated document to this release, please click on the following link:
public://news_release_pdf/EmeraldBay03072018_0.pdf
Source: Emerald Bay Energy Inc. (TSX Venture:EBY, OTC Bulletin Board:EMBYF)

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Mike Rice posted an update in EMERALD BAY ENERGY INC

1 month

Electrical work has been completed at Kuhn 3 in preparation to begin pumping the well.

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Mike Rice posted an update in EMERALD BAY ENERGY INC

1 month

Here is another photo of the custom manifold/header that was put in place this week tying Kuhn 3 and Kuhn 4 into the flow line. This manifold has additional inlets for future development.

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Mike Rice posted an update in EMERALD BAY ENERGY INC

1 month

Hello Emerald Bay Investor Group. Here is a photo of the crew setting the pumpjack in place at Kuhn 3

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Media Relations posted an update in EMERALD BAY ENERGY INC

1 month

Darren Stewart, Founder & CEO of 8020 Connect hosts an episode of "Locking Horns" with Mike Rice, CFO of Emerald Bay Energy for a progress update.

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