CALGARY, ALBERTA–(Marketwired – Aug. 14, 2014) – Emerald Bay Energy Inc. (TSX VENTURE:EBY) (the “Corporation” or “Emerald Bay”) is pleased to provide an update on recent events in Central Alberta.
The Company is pleased to announce that construction of the natural gas fired electrical power generation plant at Nevis Alberta is nearing completion and the four generators will be commissioned for production within the next two weeks. The plant, rated at approximately 980 kW will begin selling electricity in to the Alberta power pool in early September. This pilot project paves the way for an exciting new business for the Company whereby the Company will be able to create new revenue streams from its shallow gas wells that are currently uneconomical.
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.