Emerald Bay Energy Inc.

09:52 AM EST - Emerald Bay Energy Inc. : Has filed the initial daily production rates for the Floyd 1 well at 9.2 barrels of oil per day, and the Floyd 2 well at 9.3 barrels of oil per day, for a combined 18.5 barrels of oil per day. The Floyd wells were the first two wells drilled on the F. Poenitz lease with the Company's partner HugoCellr Ltd. Furthermore, the Company wishes to clarify that the F. Poenitz lease and the Floyd wells were retained by Hugo, and are not part of Hugo's new partnership Cotulla Energy Resources Ltd. Emerald Bay Energy Inc. shares V.EBY are trading unchanged at $0.02.