Latest Projects

Recent NEWS

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 ANNOUNCES CHANGE TO BOARD OF DIRECTORS

    March 02, 2010

    Emerald Bay Energy Inc. (TSX Venture: EBY) today reported that Mr. Kendall Dilling has been appointed to the Corporation’s Board of Directors and as a member of the Corporation’s audit committee. » Read More

Navigation Separator Line

  • EMERALD BAY ANNOUNCES PIPELINE CONSTRUCTION OPERATIONS UNDERWAY AT GILBY AND FERRYBANK ALBERTA

    December 17, 2009

    Emerald Bay Energy Inc. (TSX Venture: EBY) (the "Company") is pleased to report on recent tie-in activities of eight wells in Alberta. » Read More

News

October 14 2008

Emerald Bay Set to Start Q4 Drilling Program in Central Alberta

For Immediate Release: Tuesday, October 14, 2008

Calgary, Alberta, October 14, 2008 – Emerald Bay Energy Inc.(TSX Venture: EBY) (“Emerald Bay” or the “Company”) today reported on recent activities in Central Alberta.

CENTRAL ALBERTA

The Energy Resources Conservation Board of Alberta (ERCB) has just approved two well license applications at Dorenlee (43-20 W4), which now allows the Company to initiate its fourth quarter drilling program in Central Alberta. The Company confirms that it has secured the necessary drilling rig and anticipates it being on location shortly (on or about October 19, 2008).

The program will begin with three wells drilled at Dorenlee, where Emerald Bay has an existing well and facilities with a 44% working interest; zones of interest will be the Edmonton Sands, Horseshoe Canyon Coals, Belly River, and Basal Belly River. The Q4 program will then continue with a well at Joffre (39-25 W4). Additional well license applications for Q4 drilling are currently in process at the ERCB and will be announced as the Company receives them.

Commenting on the program, Shelby Beattie, President of Emerald Bay, said: “While the well license approval process has taken a little longer than we anticipated, it has allowed us to align services and materials to efficiently execute the Q4 program in a timely manner”.

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.