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  • Emerald Bay reports South Texas update

    June 04, 2010

    Calgary, Alberta, Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company”) is pleased to report on recent crude oil-focused developments at three counties in South Texas. » Read More

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  • EMERALD BAY ANNOUNCES ACQUISTION OF 50% INTEREST IN TEXAS BASED OIL PRODUCER

    March 04, 2010

    March 4, 2010 – Emerald Bay Energy Inc. is pleased to announce that it and a private partner have acquired 100% of the issued and outstanding securities of Production Resources Inc. » Read More

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  • EMERALD BAY ENERGY INC. ANNOUNCES ISSUANCE OF STOCK OPTIONS

    April 07, 2010

    Emerald Bay Energy Inc. (the "Corporation") announced today that it has granted incentive stock options for a total of 3,150,000 common shares of the Corporation at a price of $0.10 per share » Read More

News

September 09 2008

Emerald Bay Announces Initial Test Results at Kelsey & Medina County

For Immediate Release: Wednesday, September 3, 2008

Calgary, Alberta, September 3, 2008 – Emerald Bay Energy Inc. (TSX Venture: EBY) today reported on recent testing activities at Kelsey, Alberta and Medina County, Texas.

KELSEY, ALBERTA

Emerald Bay has recently perforated and tested a New Pool, Basal Belly River natural gas well in Township 43, Range 18 at Kelsey, Alberta (projected 19% working interest). During the 48 hour flow test the Basal Belly River flowed approximately 265 thousand cubic feet of gas per day on a 32/64ths-inch choke with 1800 kPa flowing casing pressure. Recorders have been placed to measure build-up pressure for a 10 day cycle.

The tie-in location has been identified with plans for pipeline construction to begin immediately after surface rights and pipeline permit are acquired. The Upper Belly River formation will remain behind casing at this point for future development.

MEDINA COUNTY, TEXAS

Testing activities continue on the Oscar C 1EB well (projected 75% working interest) that was recently drilled to a measured depth of 1160 feet, and perforated in the Olmos formation at 952 feet. After perforation, the well was fracture-stimulated and started immediate flow-back. Conventional lifting equipment has been recently installed, along with surface facilities to recover fracture fluid and initiate production testing operations. After fracture fluid recovery, the well is expected to produce between 10 and 15 barrels of oil per day, putting The Company`s finding and development cost well under the projected $8,000.00 per boe. Nine additional wells are currently being surveyed by The Company for drilling permits off-setting the Oscar C 1EB wellbore.

Commenting on the testing results, Shelby Beattie, President of Emerald Bay, said: “We are definitely pleased with the early results of the Kelsey and Oscar C testing operations. These two wells would give us nine commercial wells in a row as we move to our fall drilling operations. We expect this trend to continue as we focus on low-risk, in-fill development projects in Alberta and Texas.”

ABOUT EMERALD BAY

Emerald Bay Energy Inc., based in Calgary, is a junior oil and gas producer with production properties in Western Canada. The common shares of Emerald Bay trade on the TSX Venture Exchange under the symbol "EBY". Please visit our website at http://www.emeraldbayenergy.com.

For further information, please contact:

Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000 or by email at (JavaScript must be enabled to view this email address),

or

CHF Investor Relations: Catarina Cerqueira, Associate Account Manager, (416) 868-1079 x251, (JavaScript must be enabled to view this email address) Christopher Haldane, Account Manager, (416) 868-1079 x237, (JavaScript must be enabled to view this email address) If you would like to receive press releases via email please contact (JavaScript must be enabled to view this email address). Please specify “Emerald Bay press releases” in the subject line.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein. BOEs and BOEPD may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.

Forward-Looking Statements This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.

Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a well is actually developed.

Forwardlooking statements in this document include statements regarding the Company’s exploration, drilling and development plans, the Company’s expectations regarding the timing and success of such programs. Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the applicable securities regulators.