EBY Emerald Bay Energy Inc

Emerald Bay Energy Inc. (TSX VENTURE:EBY) the "Company" or "Emerald Bay") is
pleased to provide an update on recent activities in Texas.


At Wooden Horse, the Company continues production procedures of the Horizontal
Edwards well, Kuhn 1H. The Company has now moved ahead with the previously
announced plan to add additional stages to the electric submersible pump (ESP).
Since the well started pumping in mid January Kuhn 1H has shown significant
improvements in oil cut and overall fluid volumes. The Company is now in the
process of moving forward with plans to begin increasing the pump speed with the
anticipation that the oil cut will increase as the fluid volume that sits above
the ESP is lowered. Emerald Bay President, Shelby D. Beattie, expounded, "The
additional stage that we have added to the motor has been very encouraging. We
have sold the first loads of oil and with slightly more fine tuning we
anticipate that the oil production of Kuhn 1H will increase. As with any
exploration program, or new field discovery, there is a bit of a learning curve.
While it has taken longer than we originally projected, we feel confident that
our patience will be rewarded and that the Wooden Horse play will be a success."


Also at Wooden Horse, the Company has completed the Vertical well, Kuhn 2, also
in the Edwards formation. Swabbing operations were encouraging and the Company
is currently in the process of tying the well into the Kuhn tank battery
facility. It is anticipated that the well will be online within the next 2
weeks, depending on weather and surface conditions. As the second well in the
Edwards formation at Wooden Horse this is a key step as the Company moves ahead
with plans for phase 2development at Wooden Horse.


At Nash Creek, approximately 30 miles from the Wooden Horse play, the Company
has acquired a significant land Position. As previously announced, the Company
has received the permit to inject salt water. Similar to development of the
Wooden Horse play, the salt water disposal well is the key initial step for
developing the Nash Creek play. The Company has now finalized the 3D Seismic
program Design, with survey and line clearing to begin shortly. Acquisition of
the 14 linear miles is expected to take place by mid-April. Emerald Bay's chief
geologist, Andy Alff commented, "If the Seismic program confirms what I believe
it will, this will be a very exciting find for Emerald Bay with significant
Edwards potential."


About Emerald Bay

Emerald Bay Energy Inc., based in Calgary, is a junior oil and gas producer with
production properties in Western Canada and South Texas. The common shares of
Emerald Bay trade on the TSX Venture Exchange under the symbol "EBY". Please
visit www.emeraldbayenergy.com.


If you would like to receive press releases via email please contact
Bren@chfir.com. Please specify "Emerald Bay Press Releases" in the subject line.


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.


Forward-Looking Statements

This press release includes statements that may constitute "forward-looking"
statements, usually containing the words "believe," "estimate," "project,"
"expect", "plan", "intend", "anticipates", "projects", "potential" or similar
expressions.. Forward-looking statements inherently involve risks and
uncertainties that could cause actual results to differ materially from the
forward-looking statements. Forward-looking statements are statements that are
not historical facts.


Information inferred from the interpretation of drilling results may also be
deemed to be forward looking statements, as it constitutes a prediction of what
might be found to be present when and if a well is actually developed. BOE's may
be misleading, particularly if used in isolation. A BOE conversion ratio of 6
Mcf: 1 Bbl is based on energy equivalency conversion method primarily applicable
at the burner tip and does not represent a value equivalency at the wellhead.
The reader is cautioned that assumptions used in the preparation of such
information, which are considered reasonable by Emerald Bay at the time of
preparation, may prove to be incorrect. Actual results achieved will vary from
the information provided and the variations may be material. There is no
representation by Emerald Bay that actual results achieved will be the same in
whole or part as those indicated in the forward-looking statements.
Forward-looking statements in this document include statements regarding the
Company's exploration, drilling and development plans, the Company's
expectations regarding the timing and success of such programs. In particular,
forward-looking information in this news release includes, but is not limited
to, statements with respect to: pipeline acquisitions and leasing; pipeline
permits, pipeline construction, production estimates, drilling operations,
completion operations, funding and development goals. Although we believe that
the expectations reflected in the forward-looking information are reasonable,
there can be no assurance that such expectations will prove to be correct. We
cannot guarantee future results, level of activity, performance or achievements.
Consequently, there is no representation that the actual results achieved will
be the same, in whole or in part, as those set out in the forward-looking
information. Factors that could cause or contribute to such differences include,
but are not limited to, fluctuations in the prices of oil and gas, uncertainties
inherent in estimating quantities of oil and gas reserves and projecting future
rates of production and timing of development activities, competition, operating
risks, acquisition risks, liquidity and capital requirements, the effects of
governmental regulation, adverse changes in the market for the Company's oil and
gas production, dependence upon third-party vendors, and other risks detailed in
the Company's periodic report filings with the applicable securities regulators.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Emerald Bay Energy Inc.
Shelby D. Beattie
(403) 262-6000
info@ebyinc.com
www.emeraldbayenergy.com


CHF Investor Relations
Robin Cook
Senior Account Manager
(416) 868-1079 x228
robin@chfir.com

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