EBY - Öl und Gas in Alberta und South Texas

    eröffnet am 20.02.11 19:38:29 von
    SteirerMan

    neuester Beitrag 28.02.12 21:10:42 von
    hbg55
    Beiträge: 17
    ID: 1.163.931
    Aufrufe heute: 0
    Gesamt: 832


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    Avatar
    SteirerMan
    schrieb am 20.02.11 19:38:29
    Beitrag Nr. 1 (41.074.306)
    Emerald Bay Energy

    Emerald Bay Energy Inc. (TSX-V: EBY) is a Canadian junior oil and gas producer headquartered in Calgary, Alberta with land holdings and operations in both Central Alberta and in South Texas.

    HP
    http://www.ebyinc.com/


    BASICS
    total shares 63.309.446
    Kurs 0,06 CAD
    Market Cap 3.798.567
    http://tmx.quotemedia.com/quote.php?qm_symbol=EBY

    :look::)
    Avatar
    SteirerMan
    schrieb am 20.02.11 20:04:08
    Beitrag Nr. 2 (41.074.368)
    Antwort auf Beitrag Nr.: 41.074.306 von SteirerMan am 20.02.11 19:38:29
    ...hier ein kleiner Auszug aus der MD&A vom 29. November 2010, bezüglich der Unternehmensentwicklung :)



    Q3 2010 HIGHLIGHTS AND OUTLOOK

    Well optimization in Taylor-Ina Field, South Texas:
    Optimization of the Company’s recently purchased property continued in Q3. Optimization of the property will be carried out in multiple phases. Multiple leases did not have efficient production lifting equipment to optimize production, and as of this writing the company has now entered over 50 wellbores and installed proper lifting equipment. Approximately 30 additional wellbores will undergo various workovers to maximize their potential. These optimization efforts have resulted in a cumulative 40% daily production increase to date for the property.

    In-fill drilling at Taylor-Ina:
    In addition to the optimization plans outlined above, the Company has completed drilling operations of 10 new wells. The wells have been perforated and fracture stimulated and are now producing. Initial production rates are approximately 16 bbl/day per well (4 net per well to Emerald Bay). Additionally, the discovery of the Escondidio zone could provide another 50 bbl/day gross (12 net to EBY) in these newly drilled wells. This is significant in that the Company could possibly have this Escondido zone productive in close to 100 existing well bores in Medina County. Phase 2 of the Medina County capital program will consist of drilling seven development wells, and one exploratory well to test the Anacacho, Austin Chalk, Eagle Ford, and Buda formations.

    Zavala and Uvalde Counties Texas: The Company leased approximately 600 acres in Uvalde County to develop Serpentine Plugs located on the property. A nearby Serpentine Plug field, drilled in 1976 by Emerald Bay’s consulting engineer has produced close to 300,000 barrels of oil. Emerald Bay has also executed an Option and Right of First Refusal Agreement with The Energy Company of Texas covering an Area of Mutual Interest of approximately 22,000 acres targeting the Eagle Ford formation. This follows-up the company’s Eagle Ford work dating back to 2007. 40+ active rigs are now drilling horizontal Eagle Ford Shale in South Texas.

    Eagle Ford Shale Prospect: The Company is in various stages of negotiations as it pursues a land position to explore for Eagle Ford Shale oil in Frio, Atascosa, Medina and Zavala counties.


    Focused Growth For 2010

    The Company will continue to seek strategic acquisitions in our core areas, including U.S. opportunities, to grow the Company, and add value on significant metrics including cash flow, production and reserves. To provide near-term and long-term stability the Company has transitioned its focus to emphasize oil development opportunities in Texas as outlined above. Additionally, in Alberta, specific areas of growth for the remainder of 2010 include:

    - At Gilby, Alberta, the Company installed a casing gas compression system that will allow the well to produce the condensate liquids more effectively by re-cycling a portion natural gas down the casing, allowing a more consistent flow of gas and liquids up the production tubing. Early indications are that the system trial has made the well a viable producer. The Company will continue to monitor this well during next 30-60 days but are encouraged by the early results.

    - At Twining, Alberta, the Company plans to to commingle the Pekisko and Ostracod zones at 16-18-31-23 W4 during the month of December.

    - At Joffre, Alberta, pipeline operations are completed at Joffre 16-8-39-24 W4 and the well is expected to be perforated and producing in December.

    - At Lacombe, Alberta, transportation and processing negotiations are finalized on 2 wells. Pipeline construction is being planned for December and completion operations are expected to follow shortly thereafter.

    - At Alliance, Alberta, a fracture-stimulation program is pending the results of recent perforations and production testing. Early indications suggest the well is cleaning up as daily oil production has increased. Similar results have been successful in the surrounding area and could possibly avoid the need for a costly stimulation.


    As the global recession continues, downward pressure has remained on natural gas prices throughout the third quarter of 2010. The Company will continue to focus on managing financial resources to reduce G&A and operating costs. Cash flow for the remainder of 2010 will benefit from Emerald Bay's risk management program. The Company will continue to pursue a carefully designed capital expenditure program, including acquisitions and dispositions, which would allow the Company to add production, reserves and cash flow in a cost effective manner.

    :look::)
    Avatar
    SteirerMan
    schrieb am 20.02.11 20:17:11
    Beitrag Nr. 3 (41.074.409)
    Antwort auf Beitrag Nr.: 41.074.368 von SteirerMan am 20.02.11 20:04:08:eek::eek:

    ....hab ein bissl viel angestrichen, aber lest selbst mal :D




    EMERALD BAY REPORTS SOUTH TEXAS LEASES ARE ADDING WELLS WEEKLY

    Feb. 16, 2011 (Canada NewsWire Group) --

    CALGARY, Feb. 16 /CNW/ - Emerald Bay Energy Inc. (TSX Venture: EBY) (the "Company") is pleased to report on recent crude oil-focused developments in South Texas.

    Medina County In-fill drilling: Through its 25% ownership of Production Resources Inc. (PRI), and as the managing partner, Emerald Bay has more than 100 in-fill drilling locations on the existing leases in Medina County. PRI has recently completed its 1st ten-well drilling package on three separate leases in the Taylor Ina field. Considering the 175+ existing wells on PRI's leases, a comparative analysis shows each of the wells drilled have either met or exceeded the Company's expectations. Three of ten drilling permits have been received for the second 10-well program. It is expected that PRI will have seven remaining permits approved by the end of February in order to start drilling in early March. Approximately 50 to 60 wells are planned for development drilling on the existing PRI leases in 2011.

    Medina County Well optimization: The well optimization plan is moving along nicely. Approximately 40 wellbores are scheduled for the installation of upgraded lifting equipment. The equipment has been secured and 5 to 6 wells are being upgraded each week. The other two phases of optimization will be (i) the work-over of the Olmos zone in the existing wells; and (ii) the perforation and production of the by-passed pay zone called the Escondido. Under Emerald Bay's direction, PRI has recently tested one well on the Escondido zone with great success. The Olmos zone was isolated; then the Escondido was perforated and put on pump with no stimulation needed. The initial 24-hour test produced 100% oil at rates equivalent to the Company's stimulated Olmos wells. According to plan, the up-hole potential of the existing wellbores has been converted to production very efficiently using Companies-owned equipment.

    Land and production acquisitions: The Company continues its land and production acquisitions in South Texas with specific focus on Frio, Atascosa, and Medina Counties. Multiple deals are currently in various stages of due diligence and negotiations, and the Company is very optimistic that the transactions could close in the 1st quarter of 2011. Zones of interest will continue to be where the Company has specific experience; such as the Escondido, Olmos, Austin Chalk, Eagle Ford, and Buda. While the Eagle Ford shale is widely considered to be the crown jewel, the Buda has been equally productive for operators who have reached this zone just below the Eagle Ford.

    "In March of 2010, when Emerald Bay took the lead and found the joint venture partners willing to get behind the Taylor-Ina project, the project was producing around 750 barrels per month. We firmly believed that Taylor-Ina had the potential to produce over 20,000 barrels per month with a focused optimization and drilling plan. Based on our current lease position and rig availability, we are projecting a 2011 year-end monthly production volume over 12,000 barrels. This provides a solid, repeatable production operation to build on as we expand in the Eagle Ford trend of South Texas," summarized Shelby Beattie, President and CEO.

    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.

    :look::)
    Avatar
    SteirerMan
    schrieb am 01.04.11 03:19:15
    Beitrag Nr. 4 (41.300.745)
    ...anschließend, zur freude aller shareholder ....


    EMERALD BAY ANNOUNCES PRIVATE PLACEMENT

    Mar. 4, 2011 (Canada NewsWire Group) --

    NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

    CALGARY, March 4 /CNW/ - Emerald Bay Energy Inc. (TSX Venture: EBY) (the "Corporation") today reported that the Corporation is proposing a non-brokered private placement offering of up to maximum of 20,000,000 common shares ("Common Shares") of the Corporation. The Common Shares are to be issued under a unit offering whereby up to a maximum of 20,000,000 units ("Units") at a subscription price of $0.05 per Unit are to be offered. Each Unit shall consist of one (1) Common Share of the Corporation (to be issued either as a Common Share or as a "flow-through share" pursuant to the Income Tax Act (Canada) (the "Flow-Through Share") at the subscribers option) and one (1) non-transferable share purchase warrant (the "Warrant") (each full Warrant shall entitle the holder thereof to purchase one (1) additional common share of the Corporation for a period of 12 months from the issuance of the Units at a price of $0.12) (the "Offering").

    The proceeds will be used for drilling wells, seismic activities and increasing working capital.

    All of the Flow-Through Shares, Common Shares and Warrants issued pursuant to the private placement are subject to a 4-month hold period. Completion of the private placement is subject to the final approval of the TSX Venture Exchange.



    ....2 wochen später

    EMERALD BAY ANNOUNCES REVISED PRIVATE PLACEMENT

    ...Pursuant to press release on March 4, 2011, the Corporation had previously proposed to that the Warrants have an exercise price of $0.12 and an expiry period of 12 months. This proposed offering will supersede and replace the prior announced offering.

    http://tmx.quotemedia.com/article.php?newsid=39665974&qm_sym…



    :look:
    Avatar
    SteirerMan
    schrieb am 01.04.11 03:24:15
    Beitrag Nr. 5 (41.300.746)
    :eek::eek:


    EMERALD BAY ANNOUNCES PRODUCTION AND LEASE ACQUISTION IN TEXAS

    Mar. 17, 2011 (Canada NewsWire Group) --

    CALGARY, March 17 /CNW/ - Emerald Bay Energy Inc. (TSXV: EBY) (the "Corporation") is pleased to announce that it has acquired 100% working interest in the Wilson "A" oil and gas lease situated in Medina County from Flinthill Energy Ltd., a private, Texas based oil company. The Corporation acquired its 100% working interest in the Wilson A lease for USD$42,625.

    Information about the Acquisition

    Under the terms of the purchase agreement, the Corporation will issue, subject to the final approval of the TSX Venture Exchange, 532,812 common shares (at $0.08 per share for aggregate proceeds of $42,625.00) of the Corporation.

    The strategic 200 acre parcel has a 78% net revenue interest lease that is held by approximately 2 barrels a day of oil production. The lands directly offset wells recently drilled by the Corporation this past fall.

    "The acquisition of Wilson A lease provides Emerald Bay with quality, low-risk oil assets for future development. The attraction to this particular tract was the proximity to our existing production and the upside of the undrilled, infill drilling locations", stated Shelby Beattie, President and CEO.

    :look::)
    Avatar
    SteirerMan
    schrieb am 01.04.11 03:31:39
    Beitrag Nr. 6 (41.300.748)
    :eek::eek:

    ...and finally, the beginning of the end :laugh:


    EMERALD BAY ANNOUNCES CLOSING OF PRIVATE PLACEMENT

    Mar. 29, 2011 (Canada NewsWire Group) --

    CALGARY, March 29 /CNW/ - Emerald Bay Energy Inc. (TSX Venture: EBY) (the "Corporation") today reported that the Corporation has closed the first tranche of its previously announced private placement. Pursuant to the private placement, 7,503,701 units ("Units") were issued at a price of $0.05 per Unit, for aggregate consideration of $375,185.05. Each Unit consisted of one (1) common share of the Corporation (issued either as a common share or as a "flow-through share" pursuant to the Income Tax Act (Canada) (the "Flow-Through Share") at the subscriber's option) and one (1) share purchase warrant (the "Warrant") (each full Warrant shall entitle the holder thereof to purchase one (1) additional common share of the Corporation for a period of 18 months from the issuance of the Units at a price of $0.10) (the "Offering"). Of the total 7,503,701 common shares issued under this Offering, an aggregate 6,163,701 were issued as Flow-Through Shares. A finder's fee of $10,000 was paid to Limited Market Dealer Inc. along with the issuance of 400,000 finder's options (the "Finder's Options"). A finder's fee of $3,500 was paid to Pope & Company Limited along with the issuance of 70,000 Finder's Options. Each Finder's Option entitles the holder to acquire one Unit (on a non-flow-through basis) of the Corporation (on the same terms and conditions as those received by the subscribers under this Offering) at a purchase price of $0.05 per Unit for a period of 12 months from the issuance of the Finder's Option.

    The proceeds will be used for drilling wells, seismic activities and increasing working capital.

    :look::lick:
    Avatar
    SteirerMan
    schrieb am 01.04.11 03:38:54
    Beitrag Nr. 7 (41.300.749)
    Antwort auf Beitrag Nr.: 41.300.748 von SteirerMan am 01.04.11 03:31:39...trotzdem, noch offenem PP, kaufte Union fast 800.000 Stk am Markt

    Time ET Ex Price Change Volume Buyer Seller Markers
    12:52:47 V 0.06 0.01 4,000 6 Union 7 TD Sec K
    12:42:55 V 0.06 0.01 25,000 6 Union 7 TD Sec K
    12:24:08 V 0.06 0.01 3,000 6 Union 19 Desjardins K
    12:19:08 V 0.06 0.01 5,000 6 Union 7 TD Sec K
    12:18:24 V 0.06 0.01 500 89 Raymond James 33 Canaccord E
    12:18:24 V 0.06 0.01 50,000 6 Union 46 Macquarie K
    12:18:24 V 0.06 0.01 30,000 6 Union 7 TD Sec K
    12:18:24 V 0.06 0.01 100,000 6 Union 7 TD Sec K
    12:18:24 V 0.06 0.01 20,000 6 Union 9 BMO Nesbitt K
    12:18:24 V 0.055 0.005 90,000 6 Union 7 TD Sec K



    RT.....0,06 CAD

    :look::)
    Avatar
    hbg55
    schrieb am 14.04.11 15:56:39
    Beitrag Nr. 8 (41.368.327)
    Antwort auf Beitrag Nr.: 41.300.749 von SteirerMan am 01.04.11 03:38:54
    :eek::eek:

    woooooooooow..........HEUTE springt sie ja schöööön an - solts an folg.
    news liegen...........


    EMERALD BAY ANNOUNCES FINAL CLOSING OF PRIVATE PLACEMENT

    Apr. 13, 2011 (Canada NewsWire Group) --

    /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

    CALGARY, April 13 /CNW/ - Emerald Bay Energy Inc. (TSX Venture: EBY) (the "Corporation") today reported that the Corporation has closed the final tranche of its previously announced private placement. Pursuant to the private placement, an additional 1,910,000 units ("Units") were issued at a price of $0.05 per Unit, for aggregate consideration of $95,500.00. Each Unit consisted of one (1) common share of the Corporation and one (1) share purchase warrant (the "Warrant") (each full Warrant shall entitle the holder thereof to purchase one (1) additional common share of the Corporation for a period of 18 months from the issuance of the Units at a price of $0.10) (the "Offering"). Of the total 1,910,000 common shares issued under this closing, none of which were issued as Flow-Through Shares.

    On March 29, 2011 the Corporation closed the first tranche whereby 7,503,701 Units were issued for aggregate consideration of $375,185.05; of which an aggregate 6,163,701 were issued as Flow-Through Shares. (See News Release dated March 29 2011)

    The private placement's proceeds will be used for drilling wells, seismic activities and increasing working capital.

    All of the Flow-Through Shares, Common Shares and Warrants issued pursuant to the private placement are subject to a four month hold period. Completion of the private placement is subject to the final approval of the TSX Venture Exchange.

    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 our website at www.emeraldbayenergy.com.

    If you would like to receive press releases via email please contact lauren@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.

    Emerald Bay President, Shelby D. Beattie, by telephone at (403) 262-6000 or by email at info@ebyinc.com,

    Or

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


    :look:
    Avatar
    hbg55
    schrieb am 14.04.11 15:59:17
    Beitrag Nr. 9 (41.368.340)
    Antwort auf Beitrag Nr.: 41.368.327 von hbg55 am 14.04.11 15:56:39
    offenbar sind da ettliche investoren beim PP nicht zum zuge gekommen
    und schnappen jetzt kräftig am OPEN market zu.........


    Recent Trades - Last 10 of 50
    Time ET Ex Price Change Volume Buyer Seller Markers

    09:41:33 V 0.07 0.02 30,000 7 TD Sec 7 TD Sec K
    09:41:33 V 0.07 0.02 50,000 7 TD Sec 7 TD Sec K
    09:41:29 V 0.07 0.02 10,000 1 Anonymous 19 Desjardins K
    09:41:29 V 0.07 0.02 20,000 1 Anonymous 19 Desjardins K
    09:41:29 V 0.07 0.02 20,000 1 Anonymous 7 TD Sec K
    09:41:29 V 0.07 0.02 10,000 1 Anonymous 7 TD Sec K
    09:41:29 V 0.07 0.02 97,000 1 Anonymous 19 Desjardins K :eek::eek:
    09:41:29 V 0.07 0.02 10,000 1 Anonymous 79 CIBC K
    09:41:29 V 0.07 0.02 14,000 1 Anonymous 2 RBC K
    09:41:29 V 0.07 0.02 3,000 1 Anonymous 19 Desjardins K


    :p:p:look:
    Avatar
    hbg55
    schrieb am 11.01.12 11:14:09
    Beitrag Nr. 10 (42.577.804)
    Emerald Bay Cases Exploratory Oil Well in Texas

    CALGARY, Jan. 10, 2012 /CNW/ - Emerald Bay Energy Inc. (TSX Venture: EBY) (the "Corporation" or "Emerald Bay") is pleased to provide an operational update on recent events.

    Emerald Bay has recently drilled and cased a prospective oil well in Guadalupe County, Texas. The logs and geological data support our original optimism on this prospect, and the Company will now move forward with perforation and testing operations.

    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 lauren@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.

    :):look:




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