EMERALD BAY ENERGY PERFORATES FLOYD 1 AND FLOYD 2 WELLS
Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) announced today that perforators were able to access the F. Poentz lease and the Floyd 1 and Floyd 2 wells have been perforated in the Navarro formation. The Company will now make arrangements to frac the wells and put them on production in November.
Commented Shelby D. Beattie, President and CEO, “We are very excited to be able to resume operations on several projects, included the Floyd wells, that have been on hold due to the significant rainfall we’ve been experiencing in South Texas over the past month and a half. Our leases are starting to dry up and the forecast looks good for the coming weeks.”
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 operating partner of the Wooden Horse, Nash Creek, and Cottonwood Creek Projects in Guadelupe County, Texas, where the Company currently now owns a 50.00% working interest in those projects. Additionally, the Company owns various working interests in the MarPat and HugoCellR partnerships. 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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