Emerald Bay Energy Acquires Acreage off Setting Kuhn A5 Well
Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that the Company has leased the mineral rights to approximately 134 acres adjacent to the Kuhn lease at the Company’s Wooden Horse play in South Texas.
Shelby D. Beattie, President and CEO commented, “After our results over the past week in drilling the Kuhn A5 well, it became apparent to our technical team that this acreage was crucial in furthering our exploration plans at Wooden Horse. We are very excited that we were able to acquire the lease in such a timely manner and our technical team will now move forward in prioritizing our next drilling locations.” liable exemptions from the minority shareholder approval and valuation requirements set forth in that Instrument.
ABOUT EMERALD BAY
Emerald Bay Energy Inc. (EBY) 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 in those projects. The Company also owns 75% of Production Resources Inc., a South Texas oil company.
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For further information, please contact: Emerald Bay President, Shelby D. Beattie, (403) 262-6000, firstname.lastname@example.org, www.ebyinc.com
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