Markets

Emerald Bay Energy Receives Drilling Permit For Kuhn 1H

Emerald Bay Energy Inc. (EBY.V), which has edged a bit further away from a year low 4.5 cents, provided an update on recent events in Guadalupe County, Texas.

It said: "The company recently received the drilling permit to drill the first horizontal well at Wooden Horse. It is anticipated that drilling operations will commence the first week of April. The Horizontal well (Kuhn 1H) will be drilled utilizing the data acquired through the vertical drilling program on the Kuhn lease. The roads and drilling pad site have been constructed to the drilling location. Electricity installations are underway to accommodate the needs of both the electric submersible and centrifugal pumping systems utilized during production operations."

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos

MTNewswires

Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

Learn More