Emerald Bay Energy Reports Initial Production Rates at DCRC
CALGARY AB, and SAN ANTONIO, TX / ACCESSWIRE / October 29, 2019 / Emerald Bay Energy Inc. (TSXV:EBY)(OTC:EMBYF) (the “Company” or “Emerald Bay”) reported today that the first two wells on the Duval County Ranch Company (“DCRC”) property have been equipped and put on production. The recently drilled #1HC well, and the re-completed #15 well are flowing into the newly completed tank battery, and cumulative production from the two wells is approximately 55 barrels of oil per day. The additional three recently drilled wells, #T4, #2HC, and #3HC are now being prepared for production and 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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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.
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