TSX-V: EBY


Latest Projects

Recent NEWS

Navigation Separator Line

  • 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

Navigation Separator Line

  • 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

Navigation Separator Line

  • 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

October 28 2008

Emerald Bay Cases Chigwell, Mobilizes rig to Joffre, Alberta

For Immediate Release: Tuesday, October 28, 2008

Calgary, Alberta, October 28, 2008 – Emerald Bay Energy Inc. (TSX Venture: EBY) (“Emerald Bay” or the “Company”) today reported on recent drilling activities in Central Alberta.

CHIGWELL, ALBERTA

At Chigwell the Company has drilled, cased and cemented its previously announced well at Township 42, Range 25 W4. The Company is encouraged by the logs and multiple prospective pay zones have been identified. Perforation, stimulation, and testing operations are expected to begin within the next two weeks.

JOFFRE, ALBERTA

Rig mobilization operations have initiated Joffre at Township 39, Range 25 W4. Drilling operations will commence on or about October 29th. This Horseshoe Canyon target will be drilled to a depth of approximately 650 metres. Emerald Bay is the operator at Joffre with a 25% working interest. Commenting on recent activities, Shelby Beattie, President of Emerald Bay, said: “We are obviously excited about the potential at Chigwell. It’s a great way to start the Q4 drilling program as we move forward to our Joffre operations.”

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.