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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SOURCE: Emerald Bay Energy Inc.
View source version on accesswire.com:
https://www.accesswire.com/577047/Emerald-Bay-Energy-Updates-DCRC-and-Rouse-Lease-Operations
Source: ACCESSWIRE
(February 19, 2020 - 7:30 PM EST)
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