EMERALD BAY ENERGY ACQUIRES 50 ACRE POENITZ LEASE FOR HUGOCELLR PARTNERSHIP

 In News, Press Releases

Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that the Company has acquired the 50 acre F. Poenitz mineral lease near LaVernia Texas for the new well development program with HugoCellR, LTD. (“Hugo”). The lease has 16-20 potential drilling locations with targets in the Navarro, Olmos, Pecan Gap, and Austin Chalk formations.

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, Nash Creek, and Cottonwood Creek Projects in Guadalupe County, 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.

To stay informed on Emerald Bay Energy, please join our Investor Group at https://www.8020connect.com/groups/emerald-bay-energy-inc for all upcoming news releases, articles, comments and questions.

For further information, please contact: Emerald Bay President, Shelby D. Beattie, (403) 262-6000, 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.

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