Company Snapshot
Exchange Trading Symbol: TSX-V: EBY br>
Shares Outstanding: 50.2 million br>
Fully Diluted: 58.5 million br>
Insider Ownership: 25% br>
Institutional Ownership: 15% br>
Market Capitalization on 03/08/10: $4.013 million br>
Current Production Estimate (BOEPD): 205 br>
Behind-pipe Estimate (BOEPD): 60
52 week High/Low: $0.12/$0.04
Current wells producing revenue: 150+ br>
Current drilling locations in inventory: 140+
Emerald Bay Energy Management
Shelby Beattie, President & CEO, Director
Mr. Beattie has 26 years of industry experience at both general management and senior executive levels. Mr. Beattie’s broad spectrum of experience covers all phases of exploration and production; including mineral rights acquisition, drilling operations, project management, and production operations.
Mr. Gibson C. Scott, Chief Operating Officer, Director
Mr. Scott has an impressive 29-year history as a senior management professional with Sperry-Sun Drilling Services. He was Country Manager (Canada) with Sperry from 2000 to 2003. Mr. Scott is highly experienced in foreign business relations and negotiations, strategic business planning, and mergers and acquisitions.
Leonard D. Rice, P.Eng, Chairman
Mr. Rice has over 30 years of industry experience and is a member of the National Society of Professional Engineers of America and the Professional Engineers of Canada.
W. Howard Blacker, Director
Mr. Blacker has over 14 years of industry experience and is currently the Controller of Zapata Energy Corporation. Mr. Blacker has focused his financial career on the energy resource and services sectors.
Kendall Dilling, Director
Mr. Dilling has 17 years of progressive technical and management experience in the oil and gas industry with TransCanada Pipelines, EnCana Corporation and ConocoPhillips Canada. Mr. Dilling currently serves as Director, Regulatory and HSE at Ivanhoe Energy. During his time with Ivanhoe, Mr. Dilling has been partially seconded to the Canadian Association of Petroleum Producers where he fulfills the role of Manager, Oil Sands Environment and Regulatory.
Michael Rice, VP Operations & CFO
Mr. Rice has specialized in compliance and operations management for over 10 years. Mr. Rice graduated from the University of Utah with a B.Sc. in Economics and Consumer Studies, and has managed the Company’s day-to-day operations for more than ten years.
Chris Croteau, Corporate Secretary
Mr. Croteau has practiced corporate securities law in Calgary, Alberta, Canada since 2001 and has assisted both public and private companies. Mr. Croteau received his B.Comm. in 1998 and LL.B. in 2001 from the University of Alberta.
