Emerald Bay Energy Updates DCRC and Rouse Lease Operations
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Emerald Bay Energy Updates DCRC and Rouse Lease Operations

Wednesday, February 19, 2020 7:30 PM
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Company Update

CALGARY AB, and SAN ANTONIO, TX / ACCESSWIRE / February 19, 2020 / Emerald Bay Energy Inc. (TSXV:EBY)(OTC:EMBYF) (the "Company" or "Emerald Bay") reported that the Company has completed drilling the fifth well, #4HC, on the Duval County Ranch Company ("DCRC") "E" lease, and the well is now on production. The five wells drilled to date at DCRC are now producing 73 bbls/day of oil. Additionally, repairs to the flow line on the Rouse lease have been competed, and 6 bbls/day of oil production has been added as anticipated.

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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For further information, please contact:

Emerald Bay President, Shelby D. Beattie, or CFO, Mike Rice, by telephone at (403) 262-6000
Email: [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Emerald Bay Energy Inc.

Emerald Bay Energy Inc.
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