Emerald Bay Energy Inc. (TSX-V: EBY) is a Canadian junior oil and gas producer headquartered in Calgary, Alberta. The Company’s business plan involves exploration and development of quality lands across Central Alberta and South Texas.

Emerald Bay has varying interest in 28 wells in Alberta and 42 wells in South Texas. The 2008 CAPEX budget will focus on shallower, multi-zone targets that mitigate risk and maximize return on investment.

With only 29 million shares outstanding, EBY summer drilling plan includes over 16 drilling locations with low-risk profile in Central Alberta while negotiating multiple low-risk drilling locations in South Texas.