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Mark

active 1 month ago

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    8020 COMMUNITY CANADA

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    Welcome to 8020 community of members Canada. In this group you will receive communication about......

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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, C......

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    8020 COMMUNITY CANADA

    PublicGroup

    Welcome to 8020 community of members Canada. In this group you will receive communication about......

    2613

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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, C......

    180

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Mark

active 1 month ago

  • remove_red_eye6 Profile views
  • tag_faces1
  • supervisor_account1 Connections
  • description10 Posts

Groups (2)
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    8020 COMMUNITY CANADA

    PublicGroup

    Welcome to 8020 community of members Canada. In this group you will receive communication about......

    2613

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    EMERALD BAY ENERGY INC

    PublicGroup

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

    180

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    8020 COMMUNITY CANADA

    PublicGroup

    Welcome to 8020 community of members Canada. In this group you will receive communication about......

    2613

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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, C......

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Recent Group Activity
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Mark posted an update in EMERALD BAY ENERGY INC

6 months ago

Well we got through another week without any kind of update other than that operations are ongoing. I’m going to do some research because I think 5 weeks of swabbing has got to be a record. I guess we’ll all wait several more days to find out what’s happening, maybe.
No need to reply Mike unless you have some real news or a definite date for when we know what’s happening.

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Mark posted an update in EMERALD BAY ENERGY INC

6 months ago

I’m curious as to how long several days is. If I went by what EBY considers several days then I would basically be saying sometime in the distant future. So far several days is over a month and counting. I’d like to use EBYs concept of several days when I go on vacation but I wouldn’t have a job to go back to.
We definitely should have had some update by now because this is taking much to long.

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Mark posted an update in EMERALD BAY ENERGY INC

6 months ago

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

9 months ago

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

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

10 months ago

Mark posted a press release Emerald Bay Energy Settles $924,658.90 of Debt at $0.05 Per Share in EMERALD BAY ENERGY INC

CALGARY, AB / ACCESSWIRE / February 4, 2019 / Further to the press release dated May 29, 2018, Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Corporation", the "Company" or "Emerald Bay") is pleased to announce that it has received final approval from the TSX Venture Exchange and has settled all amounts owing in connection with two separate loan/credit arrangements previously provided to the Corporation by Hillcrest Investments Ltd., a company controlled by Clarence Wagenaar (who currently controls, directly and indirectly, 10.43% of the outstanding common shares of the Corporation) via the issuance of an aggregate of 18,493,178 common shares of the Corporation at a price of $0.05 per share. The aggregate debt amounts settled is equal to $924,658.90, being the aggregate balance of the principal amounts owing on the two separate loan/credit arrangements between the parties plus all applicable interest. Mr. Wagenaar controls, directly and indirectly, an aggregate 31,537,000 common shares of the Corporation, or 10.43% of the outstanding common shares of the Corporation.


All of the foregoing common shares are subject to a statutory four-month hold period in accordance with applicable securities laws.


The settlement of the debt with Mr. Wagenaar's company may be considered a "Related Party Transactions" under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions, however the Corporation will rely upon available exemptions from the minority shareholder approval and valuation requirements set forth in that Instrument (the fair market value of this transaction/consideration received/debt amount is less than 25% of the Corporation's market capitalization (exemptions found in sections 5.5(a) and 5.7(1)(a) of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions)). The actions disclosed herein were approved by the board of directors of Emerald Bay via written resolution, signed and approved by all directors.


About Emerald Bay


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


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


For further information, please contact:


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


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


SOURCE: Emerald Bay Energy Inc.

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Mark posted an update in EMERALD BAY ENERGY INC

10 months ago

I think it’s time to start asking some hard questions about what’s going on with this company. We were told the Floyd wells were getting done by the 28th of December but haven’t heard anything about the results. We were told Isabella 2 would be done in December but no news there either. We were told there would be a wildcat well drilled and again no news. When someone says they are going to do something I expect it to happen and if it doesn’t and there is no reason given as to why then obviously the original statement was a lie. Now we have a private placement to raise money for more projects that may or may not happen. If past experience means anything then most of the projects that the private placement is supposed to finance will not happen.
As an investor I have money tied up in this company and would like to know what is going on. Why are projects not being finished? Why are we not being given results? The management of this company keeps making statements that they don’t follow through on and that needs to stop. I’m not interested in excuses I’m looking for action.

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Mark posted an update in EMERALD BAY ENERGY INC

10 months ago

I was wondering what was happening with the Floyd wells and Isabella 2 also. The news release definitely said that the deadline for the Floyd wells was December 28th and that there would be results for Isabella in December. There’s also supposed to be a wildcat well being drilled but there wasn’t a firm date for that. Why is there no news on the projects that are supposed to be done? While some here are optimistic it seems to me that things are not getting done and we are only getting excuses or no news for all the work that isn’t being done. Is this trend going to continue and will 2019 be another year of excuses for little work done and little oil pumped? I don’t need or want a reply to this post, the words would be meaningless with so much said that wasn’t done, I want work done and projects completed. I want to see a news release on how the work turned out on the Floyd wells and Isabella since both those projects should be finished ny now though I doubt either has been started. If the present trend continues 2019 will be a year of excuses for projects not getting done and oil not being pumped.

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Mark posted an update in EMERALD BAY ENERGY INC

1 year ago

Hi Mike.
Weeks have gone by with no news about the two Floyd wells getting completed. I know it doesn’t take weeks to frac and complete a well. You still having problems working in the rain? I’m sure I can get some rubber boots and rain gear together and ship them to Texas if it will help get things moving again.

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Mark posted an update in EMERALD BAY ENERGY INC

1 year ago

Hi Mike
Just wondering about Kuhn 3. Haven’t had an update on how things worked out on that work and if the well is producing.

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Mark posted an update in EMERALD BAY ENERGY INC

1 year ago

Thanks Mike good to know what happened. I work in the patch in Alberta so I know there’s never any guarantees about how things will go.