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.

For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:http://bit.ly/8020EBY

For further information, please contact:

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

Email: [email protected]

www.ebyinc.com.

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.

View source version on accesswire.com:
https://www.accesswire.com/562284/Emerald-Bay-Energy-Begins-Workover-of-DCRC-Well-15

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