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Mike Rice

active 17 days ago

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CFO, VP and Secretary @ EMERALD BAY ENERGY INC

Mr. Michael L. Rice has over 16 years of industry experience specializing in energy financing and production operations. Mr. Rice started working for the Corporation at the Company's inception and has held a variety of positions such as Secretary and Treasurer during this time. Mr. Rice has specialized in compliance and operations management for over 13 years. Mr. Rice graduated from the University of Utah with a B.Sc. in Economics and Consumer Studies, and has managed the Company's day-to-day operations for more than 13 years.

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@MIKE RICE

active 17 days ago

Company Associations
image
CFO, VP and Secretary @ EMERALD BAY ENERGY INC

Mr. Michael L. Rice has over 16 years of industry experience specializing in energy financing and production operations. Mr. Rice started working for the Corporation at the Company's inception and has held a variety of positions such as Secretary and Treasurer during this time. Mr. Rice has specialized in compliance and operations management for over 13 years. Mr. Rice graduated from the University of Utah with a B.Sc. in Economics and Consumer Studies, and has managed the Company's day-to-day operations for more than 13 years.

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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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    Emerald Bay Energy is an emerging oil and gas producer headquartered in Calgary, Alberta, Canada with production properties in South Texas, USA and electrical power generation in central Alberta. ...

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    EMERALD BAY ENERGY INC Active 3 days

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    Emerald Bay Energy is an emerging oil and gas producer headquartered in Calgary, Alberta, Canada with production properties in South Texas, USA and electrical power generation in central Alberta. ...

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Mike Rice

active 17 days ago

  • remove_red_eye22 Profile views
  • tag_faces11
  • supervisor_account8 Connections
  • description53 Posts

Company Associations
image
CFO, VP and Secretary @ EMERALD BAY ENERGY INC

Mr. Michael L. Rice has over 16 years of industry experience specializing in energy financing and production operations. Mr. Rice started working for the Corporation at the Company's inception and has held a variety of positions such as Secretary and Treasurer during this time. Mr. Rice has specialized in compliance and operations management for over 13 years. Mr. Rice graduated from the University of Utah with a B.Sc. in Economics and Consumer Studies, and has managed the Company's day-to-day operations for more than 13 years.

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@MIKE RICE

active 17 days ago

Company Associations
image
CFO, VP and Secretary @ EMERALD BAY ENERGY INC

Mr. Michael L. Rice has over 16 years of industry experience specializing in energy financing and production operations. Mr. Rice started working for the Corporation at the Company's inception and has held a variety of positions such as Secretary and Treasurer during this time. Mr. Rice has specialized in compliance and operations management for over 13 years. Mr. Rice graduated from the University of Utah with a B.Sc. in Economics and Consumer Studies, and has managed the Company's day-to-day operations for more than 13 years.

Groups (6)
  • 8020 COMMUNITY CANADA

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

    2457

  • EMERALD BAY ENERGY INC

    Private Group

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

    173

  • 8020 CAPITAL DAILY

    Public Group

    Our picks of the top news stories that could affect your investment portfolio. Be sure to share ......

    98

  • COMMODITIES INSIGHT

    Public Group

    News and Views on the Commodities Markets...

    67

  • EnergyNow.ca

    Public Group

    EnergyNow.ca is Canada’s #1 daily online news and data media service dedicated to providing essen......

    74

  • Datametrex AI Limited

    Public Group

    Datametrex AI is a technology focused company with exposure to: Artificial Intelligence and Machi......

    359

Groups 6
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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......

    2457

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    EMERALD BAY ENERGY INC

    Private Group

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

    173

Companies Following (1)
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    Investor Group
    Energy
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    EMERALD BAY ENERGY INC Active 3 days

    people 173 Members - Private

    Emerald Bay Energy is an emerging oil and gas producer headquartered in Calgary, Alberta, Canada with production properties in South Texas, USA and electrical power generation in central Alberta. ...

    Corporate Profile Press Releases

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    Investor Group
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    EMERALD BAY ENERGY INC Active 3 days

    people 173 Members - Private

    Emerald Bay Energy is an emerging oil and gas producer headquartered in Calgary, Alberta, Canada with production properties in South Texas, USA and electrical power generation in central Alberta. ...

    Corporate Profile Press Releases

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

17 days ago

Mike Rice posted a press release Emerald Bay Energy Provides Update on Kuhn Wells in EMERALD BAY ENERGY INC

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / July 31, 2019 / Emerald Bay Energy Inc. (TSXV:EBY)(OTC:EMBYF) (the "Corporation") is pleased to provide the following update on production at the Company’s Wooden Horse project in South Texas. With the electrical upgrades now complete, the three Kuhn wells were on production for 26 days in July and produced 1022 barrels of oil for an average production rate of 39.3 barrels of oil per day.


For further information, please contact:


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


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



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.


View source version on accesswire.com:
https://www.accesswire.com/554177/Emerald-Bay-Energy-Provides-Update-on-Kuhn-Wells

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Mike Rice commented on Mark  update in EMERALD BAY ENERGY INC

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

3 months ago

Hello Mike. The private placement announced on Jan. 23 anticipated that work would be done to drill the new Kuhn A6 and also re-enter Kuhn 1H. Have these operations started? Thank you and good day. Look forward to seeing the production results of the Kuhn wells and Isabella. Louis

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Mike Rice posted an update in EMERALD BAY ENERGY INC

3 months ago

Swabbing at Isabella #2


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Mike Rice commented on Mark  update in EMERALD BAY ENERGY INC

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

4 months ago

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

4 months ago

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

4 months ago

Mike Rice 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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Mike Rice posted an update in EMERALD BAY ENERGY INC

4 months ago

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

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

4 months ago

Mike Rice posted an update South Texas Formations 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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