Emerald Bay Energy Begins Workover of DCRC Well #15

ACCESS Newswire
08 Oct 2019, 01:50 GMT+10

CALGARY ALBERTA, and SAN ANTONIO / ACCESSWIRE / October 7, 2019 / Emerald Bay Energy Inc. (TSX Venture:EBY OTC:EMBYF) (the 'Company' or 'Emerald Bay') reported today the Company has begun operations to install a new pumping system in the #15 well on the Duval County Ranch Company ('DCRC') property. Well #15 is an existing well on the property and is currently producing approximately 10 bbls/day of oil from the Government Wells sand formation. It is anticipated that the new progressive cavity pumping system being installed will increase production to approximately 20 bbls/day. Further information will be provided as it becomes available.

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 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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Emerald Bay President, Shelby D. Beattie, or CFO, Mike Rice, by telephone at (403) 262-6000

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www.ebyinc.com.

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SOURCE: Emerald Bay Energy Inc.

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