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patfest

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@PATFEST

active 10 hours ago

Groups (4)
  • 8020 COMMUNITY CANADA

    Public Group

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

    2111

  • EMERALD BAY ENERGY INC

    Private Group

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

    162

  • Datametrex AI Limited

    Public Group

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

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  • FrontFundr

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    We are the new capital market connecting investors and entrepreneurs and setting the highest qual......

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    8020 COMMUNITY CANADA

    Public Group

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

    2111

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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......

    162

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patfest

active 10 hours ago

  • remove_red_eye3 Profile views
  • tag_faces45
  • supervisor_account0 Connections
  • description6 Posts

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@PATFEST

active 10 hours ago

Groups (4)
  • 8020 COMMUNITY CANADA

    Public Group

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

    2111

  • EMERALD BAY ENERGY INC

    Private Group

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

    162

  • Datametrex AI Limited

    Public Group

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

    347

  • FrontFundr

    Public Group

    We are the new capital market connecting investors and entrepreneurs and setting the highest qual......

    34

Groups 4
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    8020 COMMUNITY CANADA

    Public Group

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

    2111

  • image

    EMERALD BAY ENERGY INC

    Private Group

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

    162

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

8 days

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

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8020 Admin  posted an update in EMERALD BAY ENERGY INC

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



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


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



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


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


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


About Emerald Bay


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


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

http://bit.ly/8020EBY


For further information, please contact:


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


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


SOURCE: Emerald Bay Energy Inc.

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patfest

2 months

patfest has joined FrontFundr

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patfest commented on Mark  update in EMERALD BAY ENERGY INC

2 months

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Mark

2 months

Mark posted an update in EMERALD BAY ENERGY INC

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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patfest posted an update in EMERALD BAY ENERGY INC

2 months

Mike, can you provide some insight on the pricing of the private placement? I would have thought you could have asked .o25 cents with warrants? And with warrants redeemable at .05 in the next year, aren't you implying you anticipate more than a quadruple on the current share price? Any info you can provide is appreciated, thanks.

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patfest posted an update in EMERALD BAY ENERGY INC

3 months

Lots of info in the news release. To boil it down to upcoming catalysts in the next month, I came up with this: - steady production numbers coming from Kuhn A5 with upgraded electrical; - increased flow rates from Kuhn A4 in any day now; - better pumping system will bring Kuhn A3 into production at higher flow rates in coming weeks; - Floyd 1 and 2 put into production any day now; - Isabella 2 "Eagle Ford and Buda formations will be tested in December".

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patfest commented on patfest  update in EMERALD BAY ENERGY INC

4 months

From yesterdays SEDAR
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patfest

4 months

patfest posted an update in EMERALD BAY ENERGY INC

Nine month revenue quadrupled from same period last year, expenses up 20%. I like that ratio. EBY production pushed back from two months of miserable weather, but more coming onstream soon. Have I got that right Mike?

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patfest posted an update in EMERALD BAY ENERGY INC

4 months

Nine month revenue quadrupled from same period last year, expenses up 20%. I like that ratio. EBY production pushed back from two months of miserable weather, but more coming onstream soon. Have I got that right Mike?

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patfest commented on patfest  update in EMERALD BAY ENERGY INC

7 months

Thanks Mike. I am pursuing other lines of enquiry to figure this out. I understand your position, but would love to hear your thoughts and opinions, though.
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patfest

7 months

patfest posted an update in EMERALD BAY ENERGY INC

Hello Mike. I've got a question I'm not sure you can answer, but here goes. You've been putting out great news, the share price responds accordingly, and then, TD Securities or TD clients will often cross-trade it down a half cent and kill the momentum and the gains. Yesterday, for example, TD7 traded the EBY share price down to .02 cents. Yet it seems no one but TD7 can buy shares at .02 cents. Is this stock being manipulated? Is this a question for securities regulators perhaps?

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patfest posted an update in EMERALD BAY ENERGY INC

7 months

Hello Mike. I've got a question I'm not sure you can answer, but here goes. You've been putting out great news, the share price responds accordingly, and then, TD Securities or TD clients will often cross-trade it down a half cent and kill the momentum and the gains. Yesterday, for example, TD7 traded the EBY share price down to .02 cents. Yet it seems no one but TD7 can buy shares at .02 cents. Is this stock being manipulated? Is this a question for securities regulators perhaps?

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