EMERALD BAY ENERGY INC

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

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EMERALD BAY ENERGY INC

lockPrivateGroup

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

people173 Members       (0)

Hopefully by next week we would hear updates on Isabella wells. We all are waiting for your properous. N.R ! Thank you.

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PKen commented on Vignes Sangarapillai  update in EMERALD BAY ENERGY INC

6 days

Yes, I agree with Vignes, this is very encouraging to hear an update on the Isabella wells progress. I am looking forward to the next steps in the process over the days and weeks. Thanks for keeping us all current with the work on the Isabella lease Mike!
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Vignes Sangarapillai posted an update in EMERALD BAY ENERGY INC

This is a good begining with Isabella as we could see the clear sky and thank you Mike. Congratulation.

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This is a good begining with Isabella as we could see the clear sky and thank you Mike. Congratulation.

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Mike Rice posted an update in EMERALD BAY ENERGY INC

8 days

Swabbing at Isabella #2


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Mike Rice commented on Mark  update in EMERALD BAY ENERGY INC

8 days

Hi Mark. Good to hear from you. You seem quite frustrated and that is unfortunate. Let me address your concerns as best as possible. I am literally at the Isabella lease right now and swabbing is ongoing. I will attach or upload a photo. Shortly after the press release you referenced, we completed the frac and swabbed with the rig for a few days. The rig was then released and a swabbing rig was brought in to “swab in” the well . There is always the unknown of how long it will take for an operation like is, but I can assure you that we are within normal parameters for swabbing in this type of a well in this formation. As soon as the results of the swabbing are known, then we will release those results publicly as we always do. I hope that addresses your questions about Isabella and I invite you to call me to discuss the specifics of any of our operations, project planning, plans to maximize shareholder value, etc., ... or if you have any questions about what you perceive as “excuses”. Additionally, field visits are always welcome. Thanks again, Mike Rice CFO 403 262-6000 or 403 701-2126
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Mark

8 days

Mark posted an update in EMERALD BAY ENERGY INC

Several days or several weeks or is it going to be several months? Will it be like the Kuhn wells and drag on for a year? When will there be news on Isabella? Will it be excuses like we got several times about why the Kuhn wells weren’t done? Will it be one excuse or several excuses. Swabbing was supposed to start on April 23 and recovery of frac fluids was going to take several and days and then several days more swabbing to get a flow rate. It is now May 13 and I’m pretty sure it’s been more than several days x 2. Did it start raining and everyone had to run for cover? In ten more days it will be a month, far longer than several days. It seems management can’t establish a timeline for these projects and this has now happened several times. Management seems to make it up as they go along with little or no regard for creating shareholders value. I’d like to hear that Isabella is done and pumping a significant amount of oil but I’m pretty sure that after several weeks I will get several excuses as to why it’s still not done.

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Mark posted an update in EMERALD BAY ENERGY INC

8 days

Several days or several weeks or is it going to be several months? Will it be like the Kuhn wells and drag on for a year? When will there be news on Isabella? Will it be excuses like we got several times about why the Kuhn wells weren’t done? Will it be one excuse or several excuses.
Swabbing was supposed to start on April 23 and recovery of frac fluids was going to take several and days and then several days more swabbing to get a flow rate. It is now May 13 and I’m pretty sure it’s been more than several days x 2. Did it start raining and everyone had to run for cover? In ten more days it will be a month, far longer than several days. It seems management can’t establish a timeline for these projects and this has now happened several times. Management seems to make it up as they go along with little or no regard for creating shareholders value. I’d like to hear that Isabella is done and pumping a significant amount of oil but I’m pretty sure that after several weeks I will get several excuses as to why it’s still not done.

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Andrew B commented on Vignes Sangarapillai  update in EMERALD BAY ENERGY INC

12 days

He can't answer this question for a bunch of reasons.
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Vignes Sangarapillai posted an update in EMERALD BAY ENERGY INC

Hello Mike, How long it's going to take to break the $ 0.015 resistant point. This is sitting below 0.02 for a long time. I know you couldn't answer other than saying soon.

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Vignes Sangarapillai posted an update in EMERALD BAY ENERGY INC

12 days

Hello Mike,
How long it's going to take to break the $ 0.015 resistant point. This is sitting below 0.02 for a long time. I know you couldn't answer other than saying soon.

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Al Stie commented on Al Stie  update in EMERALD BAY ENERGY INC

19 days

Thanks Mike for the detailed explanation.
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Al Stie

20 days

Al Stie posted an update in EMERALD BAY ENERGY INC

Hi Emerald Bay / Mike, I saw your last financial and as stated in your PR you have continuously increased your revenue / production from 2017 which is great. Unfortunately for the shareholders the SP did not followed the trend. To me the company seems to be undervalued, so beside the ongoing work that your are doing on the field do you have other plans to increase the shareholders value ? some kind of promotion / something to give more visibility to Emerald Bay on the markets ? Thanks Al

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

19 days

Hello Al, thank you for your comments.
It is always management’s mission to maximize shareholder value, and our primary focus for achieving this goal is to optimize and grow our oil properties in South Texas. As you noted, we realized year over year increases in revenue and production of 165% and 128% respectively. Additionally, management has brought in several new partners to expand our project portfolio, and lenders have converted debt to equity and a premium to the market price. These efforts have added significant shareholder value over the past 18 months.
From a marketing perspective, over the past year we completed a new website, conducted a GoogleAds marketing campaign, and have been very active in dissemination of news and operational results in a timely manner. Our PR team meets regularly with members of the investment community, and our Investor Group on 8020 continues to grow every week. We recognize the ongoing need for increased exposure and visibility as management devotes significant amounts of time and resources in promoting the opportunity of investing in Emerald Bay. Over the past 18 months Emerald Bay has traded 350,685,349 on TSX-V and another 125,000,000+ on the alternative exchanges making EBY one of the 10 most traded stocks in Canada since the fall of 2017. Clearly our efforts to increase exposure are paying off.
I appreciate that you feel the Company is undervalued and, while discussions about share price are tricky as there are so many factors that influence share price, I sincerely hope that your expectations are realized at some point in the future.
Thank you for your ongoing support.
Mike Rice CFO
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Al Stie

20 days

Al Stie posted an update in EMERALD BAY ENERGY INC

Hi Emerald Bay / Mike, I saw your last financial and as stated in your PR you have continuously increased your revenue / production from 2017 which is great. Unfortunately for the shareholders the SP did not followed the trend. To me the company seems to be undervalued, so beside the ongoing work that your are doing on the field do you have other plans to increase the shareholders value ? some kind of promotion / something to give more visibility to Emerald Bay on the markets ? Thanks Al

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Al Stie posted an update in EMERALD BAY ENERGY INC

20 days

Hi Emerald Bay / Mike,

I saw your last financial and as stated in your PR you have continuously increased your revenue / production from 2017 which is great. Unfortunately for the shareholders the SP did not followed the trend.

To me the company seems to be undervalued, so beside the ongoing work that your are doing on the field do you have other plans to increase the shareholders value ? some kind of promotion / something to give more visibility to Emerald Bay on the markets ?

Thanks
Al

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Mike Rice

20 days

Mike Rice posted a News Item Kuhn wells update from MD&A in EMERALD BAY ENERGY INC

Hello Emerald Bay Investors.


Since our press release last week about the Kuhn wells production I’ve received several comments about our ability to handle the volume of water the wells produce in association with the oil. Therefore, we provided the following paragraph in the MD&A.  I hope this provides clarification and a better understanding of the Wooden Horse project.



  • Wooden Horse (Kuhn wells) disposal well and infrastructure are important considerations in the economics of the Wooden Horse property and the Kuhn wells.  The Company drilled and owns the disposal well on the Kuhn lease, and the disposal well is capable of handling as much as 40,000 bbls/day of water.  Additionally, the tank battery currently in place allows for the handling of over 9,000 bbls/day of total fluid and is already set up for an additional two wells to be added when they are drilled in the future. 


If you are ever in need of clarification or have any questions, I would encourage you to ask them here on 8020 and we will do our best to provide concise feedback in as timely a manner as possible.


Mike Rice, CFO

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8020 Admin

20 days

8020 Admin posted a press release Emerald Bay Energy Files 2018 Financials in EMERALD BAY ENERGY INC

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / May 1, 2019 / Emerald Bay Energy Inc. (TSX Venture: EBY, OTC PINK: EMBYF) (the "Company" or "Emerald Bay") reported today that the Company has filed the annual audited financial statements and MD&A for the year ended December 31, 2018.


The Company is pleased to report that year over year revenue increased 165% to $1,154,491 in 2018 from $435,458 in 2017, while year over year production increased 128% to 49 bbls/day in 2018 from 21 bbls/day in 2017.


The annual filings of the Company can be viewed at sedar.com or on the Company's website.


About Emerald Bay


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


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


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000


Email: info@ebyinc.com
www.ebyinc.com.


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


SOURCE: Emerald Bay Energy Inc.

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

26 days

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Hi Louis Paul. Yes, there is electricity in the area of the Isabella #2 well. Mikekeyboard_arrow_downShow Post

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8020 Admin

26 days

8020 Admin  posted an update in EMERALD BAY ENERGY INC

CALGARY, AB, and SAN ANTONIO, TX / ACCESSWIRE / April 25, 2019 / Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") is pleased to announce that the electrical upgrades have been completed on the Kuhn lease at the Company's Wooden Horse project in South Texas. The upgrades will allow the Company to pump the Kuhn 4 and Kuhn A5 wells simultaneously, as well as the Kuhn 3 well when it is brought on production.


Shelby Beattie, President and CEO of the Company commented, "We are very pleased to have the electrical upgrades completed. Without this electrical infrastructure we have not been able to consistently, and simultaneously, pump the Kuhn wells with the high fluid volumes that they now produce. The Kuhn 4 and Kuhn A5 wells are now online and producing approximately 2,100 bbls/day of total fluid with an oil cut between 1-2%. As we move forward we will increase the rates of these two wells and bring the Kuhn 3 well on production. Additionally, it is likely that we will increase the fluid volume produced from Kuhn A5 by fracking it at some point in the near future. It is our experience that when these wells are consistently produced there is a corresponding increase in the oil cut percentage. The Company's production target for the three Kuhn wells is a collective total fluid volume of approximately 5,000 barrels per day with an oil cut of 3-4%. We are confident that with the electrical upgrades completed, we will be able to realize the full potential of the Kuhn wells."


About Emerald Bay


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


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


For further information, please contact:


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


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


SOURCE: Emerald Bay Energy Inc.

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

26 days

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Excellent news Mike. Tell me, are electrical installations available for Isabella 2? Thank you.keyboard_arrow_downShow Post

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8020 Admin

26 days

8020 Admin  posted an update in EMERALD BAY ENERGY INC

CALGARY, AB, and SAN ANTONIO, TX / ACCESSWIRE / April 25, 2019 / Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") is pleased to announce that the electrical upgrades have been completed on the Kuhn lease at the Company's Wooden Horse project in South Texas. The upgrades will allow the Company to pump the Kuhn 4 and Kuhn A5 wells simultaneously, as well as the Kuhn 3 well when it is brought on production.


Shelby Beattie, President and CEO of the Company commented, "We are very pleased to have the electrical upgrades completed. Without this electrical infrastructure we have not been able to consistently, and simultaneously, pump the Kuhn wells with the high fluid volumes that they now produce. The Kuhn 4 and Kuhn A5 wells are now online and producing approximately 2,100 bbls/day of total fluid with an oil cut between 1-2%. As we move forward we will increase the rates of these two wells and bring the Kuhn 3 well on production. Additionally, it is likely that we will increase the fluid volume produced from Kuhn A5 by fracking it at some point in the near future. It is our experience that when these wells are consistently produced there is a corresponding increase in the oil cut percentage. The Company's production target for the three Kuhn wells is a collective total fluid volume of approximately 5,000 barrels per day with an oil cut of 3-4%. We are confident that with the electrical upgrades completed, we will be able to realize the full potential of the Kuhn wells."


About Emerald Bay


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


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


For further information, please contact:


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


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


SOURCE: Emerald Bay Energy Inc.

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Mike Rice posted an update in EMERALD BAY ENERGY INC

26 days

Hello Emerald Bay Investors. Very exciting to see Kuhn A5 pumping with electricity !!!

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8020 Admin

26 days

8020 Admin posted a press release Emerald Bay Energy Completes Electrical Upgrades on Kuhn Lease in EMERALD BAY ENERGY INC

CALGARY, AB, and SAN ANTONIO, TX / ACCESSWIRE / April 25, 2019 / Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") is pleased to announce that the electrical upgrades have been completed on the Kuhn lease at the Company's Wooden Horse project in South Texas. The upgrades will allow the Company to pump the Kuhn 4 and Kuhn A5 wells simultaneously, as well as the Kuhn 3 well when it is brought on production.


Shelby Beattie, President and CEO of the Company commented, "We are very pleased to have the electrical upgrades completed. Without this electrical infrastructure we have not been able to consistently, and simultaneously, pump the Kuhn wells with the high fluid volumes that they now produce. The Kuhn 4 and Kuhn A5 wells are now online and producing approximately 2,100 bbls/day of total fluid with an oil cut between 1-2%. As we move forward we will increase the rates of these two wells and bring the Kuhn 3 well on production. Additionally, it is likely that we will increase the fluid volume produced from Kuhn A5 by fracking it at some point in the near future. It is our experience that when these wells are consistently produced there is a corresponding increase in the oil cut percentage. The Company's production target for the three Kuhn wells is a collective total fluid volume of approximately 5,000 barrels per day with an oil cut of 3-4%. We are confident that with the electrical upgrades completed, we will be able to realize the full potential of the Kuhn wells."


About Emerald Bay


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


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


For further information, please contact:


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


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


SOURCE: Emerald Bay Energy Inc.

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Great information and explanation to the different formations. Thanks Mike, very helpful knowledge!keyboard_arrow_downShow Post

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Mike Rice

28 days

Mike Rice  posted an update in EMERALD BAY ENERGY INC

Good morning Emerald Bay investors.  


We often reference "formations" in our press releases and other disclosure documents.  I've had several questions about this recently so I thought I would provide this image of the stratigraphic formations that we are exploring for oil in South Texas.  I hope this helps, and if you have any questions please ask.  


Thanks,  Mike Rice CFO


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I had an interesting conversation a few minutes ago with an investor that called about this illustration of the formations and the frac job that is currently underway at Isabella #2. What is important to clarify is that these formations are not at the same depths throughout South Texas, in fact the depths can vary greatly. For example, we saw the Buda in the Kuhn wells at approximately 2700', and in the Isabella #2 well the Buda is at 8300'. Also, the Navarro that we are producing the Floyd wells from is at approximately 1000', and the Navarro in the Isabell #2 well is just over 6100' feet deep. It is important to point this out because deeper wells have much higher bottom hole pressure, and it is this pressure that gives deep wells significantly higher production possibilities. Mike Rice CFOkeyboard_arrow_downShow Post

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Mike Rice

28 days

Mike Rice  posted an update in EMERALD BAY ENERGY INC

Good morning Emerald Bay investors.  


We often reference "formations" in our press releases and other disclosure documents.  I've had several questions about this recently so I thought I would provide this image of the stratigraphic formations that we are exploring for oil in South Texas.  I hope this helps, and if you have any questions please ask.  


Thanks,  Mike Rice CFO


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EBY CommunityMGR posted a News Item Frac update Isabella #2 in EMERALD BAY ENERGY INC

6 Pump Trucks. 30,000 Horsepower. 200,000 lbs Sand. 3,000 bbls Fluid


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PKen replied to the topic Mike Rice  update in EMERALD BAY ENERGY INC

28 days

...

Thanks Mike for the update and pictures.keyboard_arrow_downShow Post

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Mike Rice

28 days

Mike Rice  posted an update in EMERALD BAY ENERGY INC

Hello Emerald Bay investors. 


It's very exciting to have all the equipment rolling in this morning.  This is a big frac that takes a lot of pump trucks and equipment.  I thought I would upload a couple of pictures.  Too bad we don't have a drone on location to take an aerial picture of the whole lease, it's quite impressive. 


We should have the frac completed later this afternoon and then we will begin swabbing the well.    If you have any questions, please feel free to ask. 


Good luck to us all on this operation.  Thanks,  Mike Rice CFO



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EMERALD BAY ENERGY INC

lockPrivate Group

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

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EMERALD BAY ENERGY INC

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

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Hopefully by next week we would hear updates on Isabella wells. We all are waiting for your properous. N.R ! Thank you.

!
Thumb peter kendall pic

PKen commented on Vignes Sangarapillai  update in EMERALD BAY ENERGY INC

6 days

Yes, I agree with Vignes, this is very encouraging to hear an update on the Isabella wells progress. I am looking forward to the next steps in the process over the days and weeks. Thanks for keeping us all current with the work on the Isabella lease Mike!
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Vignes Sangarapillai posted an update in EMERALD BAY ENERGY INC

This is a good begining with Isabella as we could see the clear sky and thank you Mike. Congratulation.

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This is a good begining with Isabella as we could see the clear sky and thank you Mike. Congratulation.

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Mike Rice posted an update in EMERALD BAY ENERGY INC

8 days

Swabbing at Isabella #2


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Mike Rice commented on Mark  update in EMERALD BAY ENERGY INC

8 days

Hi Mark. Good to hear from you. You seem quite frustrated and that is unfortunate. Let me address your concerns as best as possible. I am literally at the Isabella lease right now and swabbing is ongoing. I will attach or upload a photo. Shortly after the press release you referenced, we completed the frac and swabbed with the rig for a few days. The rig was then released and a swabbing rig was brought in to “swab in” the well . There is always the unknown of how long it will take for an operation like is, but I can assure you that we are within normal parameters for swabbing in this type of a well in this formation. As soon as the results of the swabbing are known, then we will release those results publicly as we always do. I hope that addresses your questions about Isabella and I invite you to call me to discuss the specifics of any of our operations, project planning, plans to maximize shareholder value, etc., ... or if you have any questions about what you perceive as “excuses”. Additionally, field visits are always welcome. Thanks again, Mike Rice CFO 403 262-6000 or 403 701-2126
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Mark

8 days

Mark posted an update in EMERALD BAY ENERGY INC

Several days or several weeks or is it going to be several months? Will it be like the Kuhn wells and drag on for a year? When will there be news on Isabella? Will it be excuses like we got several times about why the Kuhn wells weren’t done? Will it be one excuse or several excuses. Swabbing was supposed to start on April 23 and recovery of frac fluids was going to take several and days and then several days more swabbing to get a flow rate. It is now May 13 and I’m pretty sure it’s been more than several days x 2. Did it start raining and everyone had to run for cover? In ten more days it will be a month, far longer than several days. It seems management can’t establish a timeline for these projects and this has now happened several times. Management seems to make it up as they go along with little or no regard for creating shareholders value. I’d like to hear that Isabella is done and pumping a significant amount of oil but I’m pretty sure that after several weeks I will get several excuses as to why it’s still not done.

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Mark posted an update in EMERALD BAY ENERGY INC

8 days

Several days or several weeks or is it going to be several months? Will it be like the Kuhn wells and drag on for a year? When will there be news on Isabella? Will it be excuses like we got several times about why the Kuhn wells weren’t done? Will it be one excuse or several excuses.
Swabbing was supposed to start on April 23 and recovery of frac fluids was going to take several and days and then several days more swabbing to get a flow rate. It is now May 13 and I’m pretty sure it’s been more than several days x 2. Did it start raining and everyone had to run for cover? In ten more days it will be a month, far longer than several days. It seems management can’t establish a timeline for these projects and this has now happened several times. Management seems to make it up as they go along with little or no regard for creating shareholders value. I’d like to hear that Isabella is done and pumping a significant amount of oil but I’m pretty sure that after several weeks I will get several excuses as to why it’s still not done.

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Andrew B commented on Vignes Sangarapillai  update in EMERALD BAY ENERGY INC

12 days

He can't answer this question for a bunch of reasons.
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Vignes Sangarapillai posted an update in EMERALD BAY ENERGY INC

Hello Mike, How long it's going to take to break the $ 0.015 resistant point. This is sitting below 0.02 for a long time. I know you couldn't answer other than saying soon.

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Vignes Sangarapillai posted an update in EMERALD BAY ENERGY INC

12 days

Hello Mike,
How long it's going to take to break the $ 0.015 resistant point. This is sitting below 0.02 for a long time. I know you couldn't answer other than saying soon.

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Al Stie commented on Al Stie  update in EMERALD BAY ENERGY INC

19 days

Thanks Mike for the detailed explanation.
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Al Stie

20 days

Al Stie posted an update in EMERALD BAY ENERGY INC

Hi Emerald Bay / Mike, I saw your last financial and as stated in your PR you have continuously increased your revenue / production from 2017 which is great. Unfortunately for the shareholders the SP did not followed the trend. To me the company seems to be undervalued, so beside the ongoing work that your are doing on the field do you have other plans to increase the shareholders value ? some kind of promotion / something to give more visibility to Emerald Bay on the markets ? Thanks Al

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

19 days

Hello Al, thank you for your comments.
It is always management’s mission to maximize shareholder value, and our primary focus for achieving this goal is to optimize and grow our oil properties in South Texas. As you noted, we realized year over year increases in revenue and production of 165% and 128% respectively. Additionally, management has brought in several new partners to expand our project portfolio, and lenders have converted debt to equity and a premium to the market price. These efforts have added significant shareholder value over the past 18 months.
From a marketing perspective, over the past year we completed a new website, conducted a GoogleAds marketing campaign, and have been very active in dissemination of news and operational results in a timely manner. Our PR team meets regularly with members of the investment community, and our Investor Group on 8020 continues to grow every week. We recognize the ongoing need for increased exposure and visibility as management devotes significant amounts of time and resources in promoting the opportunity of investing in Emerald Bay. Over the past 18 months Emerald Bay has traded 350,685,349 on TSX-V and another 125,000,000+ on the alternative exchanges making EBY one of the 10 most traded stocks in Canada since the fall of 2017. Clearly our efforts to increase exposure are paying off.
I appreciate that you feel the Company is undervalued and, while discussions about share price are tricky as there are so many factors that influence share price, I sincerely hope that your expectations are realized at some point in the future.
Thank you for your ongoing support.
Mike Rice CFO
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Al Stie

20 days

Al Stie posted an update in EMERALD BAY ENERGY INC

Hi Emerald Bay / Mike, I saw your last financial and as stated in your PR you have continuously increased your revenue / production from 2017 which is great. Unfortunately for the shareholders the SP did not followed the trend. To me the company seems to be undervalued, so beside the ongoing work that your are doing on the field do you have other plans to increase the shareholders value ? some kind of promotion / something to give more visibility to Emerald Bay on the markets ? Thanks Al

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Al Stie posted an update in EMERALD BAY ENERGY INC

20 days

Hi Emerald Bay / Mike,

I saw your last financial and as stated in your PR you have continuously increased your revenue / production from 2017 which is great. Unfortunately for the shareholders the SP did not followed the trend.

To me the company seems to be undervalued, so beside the ongoing work that your are doing on the field do you have other plans to increase the shareholders value ? some kind of promotion / something to give more visibility to Emerald Bay on the markets ?

Thanks
Al

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Mike Rice

20 days

Mike Rice posted a News Item Kuhn wells update from MD&A in EMERALD BAY ENERGY INC

Hello Emerald Bay Investors.


Since our press release last week about the Kuhn wells production I’ve received several comments about our ability to handle the volume of water the wells produce in association with the oil. Therefore, we provided the following paragraph in the MD&A.  I hope this provides clarification and a better understanding of the Wooden Horse project.



  • Wooden Horse (Kuhn wells) disposal well and infrastructure are important considerations in the economics of the Wooden Horse property and the Kuhn wells.  The Company drilled and owns the disposal well on the Kuhn lease, and the disposal well is capable of handling as much as 40,000 bbls/day of water.  Additionally, the tank battery currently in place allows for the handling of over 9,000 bbls/day of total fluid and is already set up for an additional two wells to be added when they are drilled in the future. 


If you are ever in need of clarification or have any questions, I would encourage you to ask them here on 8020 and we will do our best to provide concise feedback in as timely a manner as possible.


Mike Rice, CFO

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8020 Admin

20 days

8020 Admin posted a press release Emerald Bay Energy Files 2018 Financials in EMERALD BAY ENERGY INC

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / May 1, 2019 / Emerald Bay Energy Inc. (TSX Venture: EBY, OTC PINK: EMBYF) (the "Company" or "Emerald Bay") reported today that the Company has filed the annual audited financial statements and MD&A for the year ended December 31, 2018.


The Company is pleased to report that year over year revenue increased 165% to $1,154,491 in 2018 from $435,458 in 2017, while year over year production increased 128% to 49 bbls/day in 2018 from 21 bbls/day in 2017.


The annual filings of the Company can be viewed at sedar.com or on the Company's website.


About Emerald Bay


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


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


For further information, please contact:


Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000


Email: info@ebyinc.com
www.ebyinc.com.


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


SOURCE: Emerald Bay Energy Inc.

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

26 days

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Hi Louis Paul. Yes, there is electricity in the area of the Isabella #2 well. Mikekeyboard_arrow_downShow Post

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8020 Admin

26 days

8020 Admin  posted an update in EMERALD BAY ENERGY INC

CALGARY, AB, and SAN ANTONIO, TX / ACCESSWIRE / April 25, 2019 / Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") is pleased to announce that the electrical upgrades have been completed on the Kuhn lease at the Company's Wooden Horse project in South Texas. The upgrades will allow the Company to pump the Kuhn 4 and Kuhn A5 wells simultaneously, as well as the Kuhn 3 well when it is brought on production.


Shelby Beattie, President and CEO of the Company commented, "We are very pleased to have the electrical upgrades completed. Without this electrical infrastructure we have not been able to consistently, and simultaneously, pump the Kuhn wells with the high fluid volumes that they now produce. The Kuhn 4 and Kuhn A5 wells are now online and producing approximately 2,100 bbls/day of total fluid with an oil cut between 1-2%. As we move forward we will increase the rates of these two wells and bring the Kuhn 3 well on production. Additionally, it is likely that we will increase the fluid volume produced from Kuhn A5 by fracking it at some point in the near future. It is our experience that when these wells are consistently produced there is a corresponding increase in the oil cut percentage. The Company's production target for the three Kuhn wells is a collective total fluid volume of approximately 5,000 barrels per day with an oil cut of 3-4%. We are confident that with the electrical upgrades completed, we will be able to realize the full potential of the Kuhn wells."


About Emerald Bay


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


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


For further information, please contact:


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


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


SOURCE: Emerald Bay Energy Inc.

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

26 days

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Excellent news Mike. Tell me, are electrical installations available for Isabella 2? Thank you.keyboard_arrow_downShow Post

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8020 Admin

26 days

8020 Admin  posted an update in EMERALD BAY ENERGY INC

CALGARY, AB, and SAN ANTONIO, TX / ACCESSWIRE / April 25, 2019 / Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") is pleased to announce that the electrical upgrades have been completed on the Kuhn lease at the Company's Wooden Horse project in South Texas. The upgrades will allow the Company to pump the Kuhn 4 and Kuhn A5 wells simultaneously, as well as the Kuhn 3 well when it is brought on production.


Shelby Beattie, President and CEO of the Company commented, "We are very pleased to have the electrical upgrades completed. Without this electrical infrastructure we have not been able to consistently, and simultaneously, pump the Kuhn wells with the high fluid volumes that they now produce. The Kuhn 4 and Kuhn A5 wells are now online and producing approximately 2,100 bbls/day of total fluid with an oil cut between 1-2%. As we move forward we will increase the rates of these two wells and bring the Kuhn 3 well on production. Additionally, it is likely that we will increase the fluid volume produced from Kuhn A5 by fracking it at some point in the near future. It is our experience that when these wells are consistently produced there is a corresponding increase in the oil cut percentage. The Company's production target for the three Kuhn wells is a collective total fluid volume of approximately 5,000 barrels per day with an oil cut of 3-4%. We are confident that with the electrical upgrades completed, we will be able to realize the full potential of the Kuhn wells."


About Emerald Bay


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


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


For further information, please contact:


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


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


SOURCE: Emerald Bay Energy Inc.

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Mike Rice posted an update in EMERALD BAY ENERGY INC

26 days

Hello Emerald Bay Investors. Very exciting to see Kuhn A5 pumping with electricity !!!

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8020 Admin

26 days

8020 Admin posted a press release Emerald Bay Energy Completes Electrical Upgrades on Kuhn Lease in EMERALD BAY ENERGY INC

CALGARY, AB, and SAN ANTONIO, TX / ACCESSWIRE / April 25, 2019 / Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") is pleased to announce that the electrical upgrades have been completed on the Kuhn lease at the Company's Wooden Horse project in South Texas. The upgrades will allow the Company to pump the Kuhn 4 and Kuhn A5 wells simultaneously, as well as the Kuhn 3 well when it is brought on production.


Shelby Beattie, President and CEO of the Company commented, "We are very pleased to have the electrical upgrades completed. Without this electrical infrastructure we have not been able to consistently, and simultaneously, pump the Kuhn wells with the high fluid volumes that they now produce. The Kuhn 4 and Kuhn A5 wells are now online and producing approximately 2,100 bbls/day of total fluid with an oil cut between 1-2%. As we move forward we will increase the rates of these two wells and bring the Kuhn 3 well on production. Additionally, it is likely that we will increase the fluid volume produced from Kuhn A5 by fracking it at some point in the near future. It is our experience that when these wells are consistently produced there is a corresponding increase in the oil cut percentage. The Company's production target for the three Kuhn wells is a collective total fluid volume of approximately 5,000 barrels per day with an oil cut of 3-4%. We are confident that with the electrical upgrades completed, we will be able to realize the full potential of the Kuhn wells."


About Emerald Bay


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


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


For further information, please contact:


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


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


SOURCE: Emerald Bay Energy Inc.

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Great information and explanation to the different formations. Thanks Mike, very helpful knowledge!keyboard_arrow_downShow Post

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Mike Rice

28 days

Mike Rice  posted an update in EMERALD BAY ENERGY INC

Good morning Emerald Bay investors.  


We often reference "formations" in our press releases and other disclosure documents.  I've had several questions about this recently so I thought I would provide this image of the stratigraphic formations that we are exploring for oil in South Texas.  I hope this helps, and if you have any questions please ask.  


Thanks,  Mike Rice CFO


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I had an interesting conversation a few minutes ago with an investor that called about this illustration of the formations and the frac job that is currently underway at Isabella #2. What is important to clarify is that these formations are not at the same depths throughout South Texas, in fact the depths can vary greatly. For example, we saw the Buda in the Kuhn wells at approximately 2700', and in the Isabella #2 well the Buda is at 8300'. Also, the Navarro that we are producing the Floyd wells from is at approximately 1000', and the Navarro in the Isabell #2 well is just over 6100' feet deep. It is important to point this out because deeper wells have much higher bottom hole pressure, and it is this pressure that gives deep wells significantly higher production possibilities. Mike Rice CFOkeyboard_arrow_downShow Post

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Mike Rice

28 days

Mike Rice  posted an update in EMERALD BAY ENERGY INC

Good morning Emerald Bay investors.  


We often reference "formations" in our press releases and other disclosure documents.  I've had several questions about this recently so I thought I would provide this image of the stratigraphic formations that we are exploring for oil in South Texas.  I hope this helps, and if you have any questions please ask.  


Thanks,  Mike Rice CFO


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EBY CommunityMGR posted a News Item Frac update Isabella #2 in EMERALD BAY ENERGY INC

6 Pump Trucks. 30,000 Horsepower. 200,000 lbs Sand. 3,000 bbls Fluid


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PKen replied to the topic Mike Rice  update in EMERALD BAY ENERGY INC

28 days

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Thanks Mike for the update and pictures.keyboard_arrow_downShow Post

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Mike Rice

28 days

Mike Rice  posted an update in EMERALD BAY ENERGY INC

Hello Emerald Bay investors. 


It's very exciting to have all the equipment rolling in this morning.  This is a big frac that takes a lot of pump trucks and equipment.  I thought I would upload a couple of pictures.  Too bad we don't have a drone on location to take an aerial picture of the whole lease, it's quite impressive. 


We should have the frac completed later this afternoon and then we will begin swabbing the well.    If you have any questions, please feel free to ask. 


Good luck to us all on this operation.  Thanks,  Mike Rice CFO



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