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Emerald Bay Announces Private Placement

2017-11-21 accesswire
CALGARY, AB / ACCESSWIRE / November 21, 2017 / Emerald Bay Energy Inc. (TSX Venture: EBY) (OTC PINK: EMBYF) (the "Corporation", the "Company" or "Emerald Bay") today reported that the Corporation is proposing a private placement offering of up to $300,000 (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. (15-0)

Emerald Bay to Produce Oil from The Buda at Kuhn 4

2017-11-20 accesswire
CALGARY, AB / ACCESSWIRE / November 20, 2017 / Emerald Bay Energy Inc. (TSX-V: EBY) (the "Company" or "Emerald Bay") is pleased to announce that the Company has completed testing operations of the Buda formation in the Kuhn 4 well. The Company stimulated the Buda formation and swabbed fluid for two days. Over the course of the two-day test, the well had inflow rates of 42 and 50 BOPD, respectively. (15-0)

Emerald Bay Begins Kuhn 4 Completion Operations Ahead of Schedule

2017-11-10 accesswire
CALGARY, AB / ACCESSWIRE / November 10, 2017 / Emerald Bay Energy Inc. (TSX-V: EBY) (OTC PINK: EMBYF) (the "Company" or "Emerald Bay") today announced that completion operations have begun on the Kuhn 4 well at the Company's Wooden Horse play in South Texas. The Company was able to secure services ahead of the November 20th scheduled date and equipment is now being moved on location. Kuhn 4 will initially be completed in the Buda formation. (15-0)

Emerald Bay moves forward with operations at Wooden Horse in South Texas

2017-11-06 worldoil
CALGARY -- Emerald Bay Energy Inc. has announced that the Company is moving forward with plans to complete and test the recently drilled Kuhn 4 well, and as noted in the October 11, 2017 press release, the Company is encouraged by multiple potential payzones. (15-0)

Emerald Bay Announces Daily Production Increases at PRI

2017-11-06 accesswire
CALGARY, AB / ACCESSWIRE / November 6, 2017 / Emerald Bay Energy Inc. (TSX-V: EBY) (the "Company" or "Emerald Bay") today announced that since June, when Emerald Bay increased its 10% minority stake in Production Resources Inc. ("PRI") to a majority 75% ownership, average daily production rates at PRI have increased approximately 15% to 57 bbls/day. Emerald Bay has been working with PRI on production optimization programs that the Company feels will help PRI increase production an additional 20-25% by the end of 2017. (15-0)

Emerald Bay Updates Kuhn 4 Well

2017-11-02 accesswire
CALGARY, AB / ACCESSWIRE / November 2, 2017 / Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that the Company is moving forward with plans to complete and test the recently drilled Kuhn 4 well, and as noted in the October 11, 2017 press release, the Company is encouraged by multiple potential payzones. The Kuhn 4 well was drilled as an Austin Chalk target offsetting the previously producing Kuhn 1C well, and the Company feels that Kuhn 4 has good Austin Chalk potential as Kuhn 4 is updip from 1C. (15-1)

Emerald Bay Cases Kuhn 4 Well

2017-10-11 accesswire
CALGARY, AB / ACCESSWIRE / October 11, 2017 / Emerald Bay Energy Inc. (TSX Venture: EBY) (the "Company" or "Emerald Bay") is pleased to announce that the Kuhn 4 well has been cased at the Company's Wooden Horse play in South Texas. The Company is encouraged by multiple potential payzones and the oil shows encountered during drilling. The Company is now in the process of scheduling services for completion and testing operations to begin later this month. (15-0)

Emerald Bay Begins Drilling Operations at Kuhn 4

2017-10-05 accesswire
CALGARY, AB / ACCESSWIRE / October 5, 2017 / Emerald Bay Energy Inc. (TSX-V: EBY; OTC PINK: EMBYF) (the "Company" or "Emerald Bay") is pleased to announce that drilling operations have commenced on the Kuhn 4 well at the Company's Wooden Horse play in South Texas. Using the Company's seismic data, as well as well control from recent drilling activity in the area, including the recently drilled Kuhn 3 well, the Company will offset the previously producing Kuhn 1C well. (15-0)

Emerald Bay Receives Drilling Permit for The Kuhn 4 Well at Wooden Horse

2017-09-25 accesswire
CALGARY, AB / ACCESSWIRE / September 25, 2017 / Emerald Bay Energy Inc. (TSX-V: EBY) (the "Company" or "Emerald Bay") is pleased to announce that the Company has received the drilling permit for the Kuhn 4 well to be drilled at the Company's Wooden Horse play in South Texas. The surface location is being prepared this week and the drilling rig has been scheduled to spud the well once the location is ready. (15-0)

Emerald Bay to drill Kuhn 4 well in South Texas' Wooden Horse play

2017-09-06 worldoil
CALGARY -- Emerald Bay Energy Inc. has provided an update on the Company’s Wooden Horse play in South Texas.

Emerald Bay Announces Private Placement

2017-08-09 accesswire
CALGARY, AB / ACCESSWIRE / August 9, 2017 / Emerald Bay Energy Inc. (TSX-V: EBY) (the "Corporation" or "Emerald Bay") today reported that the Corporation is proposing a private placement offering of up to $300,000 (up to maximum of 30,000,000 common shares ("Common Shares") of the Corporation). The Common Shares are to be issued under a unit offering whereby up to a maximum of 30,000,000 units ("Units") at a subscription price of $0.

Emerald Bay Provides Update on Partnership Multi-Well Drilling Program in South Texas

2017-07-31 accesswire
CALGARY, AB / ACCESSWIRE / July 31, 2017 / Emerald Bay Energy Inc. (TSX-V: EBY) (the "Corporation" or "Emerald Bay") is pleased to provide an update on the Company's partnership multi-well drilling program in South Texas.

Emerald Bay Increases Ownership to 50% in Texas Projects and Provides Operational Update

2017-06-28 accesswire
CALGARY, AB / ACCESSWIRE / June 28, 2017 / Emerald Bay Energy Inc. (TSX Venture: EBY) (the "Company" or "Emerald Bay") announced today that the Company has entered into an agreement whereby Emerald Bay will spend $1,270,194.56 U.S. ($1,689,358.76 Cdn.) to increase its ownership in the Wooden Horse and Nash Creek projects in Guadalupe County, Texas from 27.78% to 50%.

Emerald Bay Announces Acquisition

2017-06-20 accesswire
CALGARY, AB / ACCESSWIRE / June 20, 2017 / Emerald Bay Energy Inc. (TSX-V: EBY) (the "Company" or "Emerald Bay") announced today that the Company has entered into an agreement, whereby Emerald Bay will acquire certain non-operated working and net profit interests in 14 producing Cardium oil and gas wells near Edson, Alberta for $275,000. Current net production to Emerald Bay from the wells is approximately 16 BOE/day.

Emerald Bay Announces Acquisition

2017-06-14 accesswire
CALGARY, ALBERTA / ACCESSWIRE / June 14, 2017 / Emerald Bay Energy Inc. (TSX-V: EBY) (the "Company" or "Emerald Bay") today announced that the Company has entered into an agreement, whereby Emerald Bay will increase its interest in Production Resources Inc. ("PRI") from 10% to 75% by acquiring from Tire Oil & Gas Inc. their 65% interest in PRI for $1,727,000 U.S ($2,314,180 CDN). During the year ended 2016, PRI had an average daily production rate of 60 bbls/day.