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This content is a press release from our partner ACCESSWIRE. The AP newsroom and editorial departments were not involved in its creation.
PRESS RELEASE from provider: ACCESSWIRE
This content is a press release from our partner ACCESSWIRE. The AP newsroom and editorial departments were not involved in its creation.

Emerald Bay Energy Provides Update on the Bauer Wildcat and Kuhn Wells

March 14, 2019
CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / March 14, 2019 – Emerald Bay Energy Inc.(TSX Venture: EBY, OTC: EMBYF) (the "Company" or "Emerald Bay") provided the following update on operations at the Bauer and Kuhn leases in South Texas.At

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / March 14, 2019 – Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the “Company” or “Emerald Bay”) provided the following update on operations at the Bauer and Kuhn leases in South Texas.

The Bauer lease wildcat well was drilled in partnership with Cotulla Energy Resources Ltd. (“Cotulla”). Under terms of the agreement, 100% of the costs to drill and test the well were paid by Cotulla. Emerald Bay incurred no costs to drill and test the well.

The wells were originally equipped with pumpjacks that limited them to total fluid flow rates of approximately 110 bbls/day each. To enhance production and maximize flow rates the wells were acid stimulated. Current estimates for flow rates are in excess of 2,000 bbls/day of total fluid per well. New lifting equipment, capable of flow rates near 2,000 bbls/day has been installed on Kuhn 4.

The electrical company has completed the installation of the new transformer, and Kuhn 4 is back on line. The Company is now working to optimize flow rates on Kuhn 4. Additionally, the Company is working to complete the electrical upgrade to Kuhn A5 to get that well back online. Updates on the Kuhn wells will be forthcoming as they become 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 Guadeloupe, Texas, where the Company currently now 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:

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For further information, please contact:

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

Email:

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.