EMERALD BAY ENERGY UPDATES DCRC AND ROUSE LEASE OPERATIONS
Emerald Bay Energy Inc. (TSX Venture: EBY OTC: EMBYF) (the “Company” or “Emerald Bay”) reported that the Company has completed drilling the fifth well, #4HC, on the Duval County Ranch Company (“DCRC”) “E” lease, and the well is now on production. The five wells drilled to date at DCRC are now producing 73 bbls/day of oil. Additionally, repairs to the flow line on the Rouse lease have been competed, and 6 bbls/day of oil production has been added as anticipated.
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 Guadalupe, 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.
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For further information, please contact: Emerald Bay President and CEO, Shelby D. Beattie, or CFO, Mike Rice, (403) 262-6000, firstname.lastname@example.org, www.ebyinc.com
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