Alberta oil and gas companyu

1. CorporateCorporate
OverviewOverview
June 2015June 2015
TSX Venture: EBYTSX Venture: EBY

2. This disclosure contains forwardThis disclosure contains forward--looking statements includinglooking statements including
opinions, assumptions, estimates and expectations of futureopinions, assumptions, estimates and expectations of future
production, cash flow and earnings. Forwardproduction, cash flow and earnings. Forward--looking statementslooking statements
are subject to a wide range of risks and uncertainties, andare subject to a wide range of risks and uncertainties, and
although the Company believes that the expectations representedalthough the Company believes that the expectations represented
by such forwardby such forward--looking statements are reasonable, there can belooking statements are reasonable, there can be
no assurance that such expectations will be realized. Any numberno assurance that such expectations will be realized. Any number
of important factors could cause actual results to differ materiallyof important factors could cause actual results to differ materially
from those in the forwardfrom those in the forward--looking statements including, but notlooking statements including, but not
limited to, the volatility of oil and gas prices, the ability tolimited to, the volatility of oil and gas prices, the ability to
implement corporate strategies, the state of domestic capitalimplement corporate strategies, the state of domestic capital
markets, the ability to obtain financing, changes in oil and gasmarkets, the ability to obtain financing, changes in oil and gas
acquisition and drilling programs, operating risks, productionacquisition and drilling programs, operating risks, production
rates, reserve estimates, changes in general economic conditionsrates, reserve estimates, changes in general economic conditions
and other factors more fully described from time to time in theand other factors more fully described from time to time in the
reports and filings made by the Company with securities regulatoryreports and filings made by the Company with securities regulatory
authorities.authorities.
This disclosure contains forwardThis disclosure contains forward--looking statements includinglooking statements including
opinions, assumptions, estimates and expectations of futureopinions, assumptions, estimates and expectations of future
production, cash flow and earnings. Forwardproduction, cash flow and earnings. Forward--looking statementslooking statements
are subject to a wide range of risks and uncertainties, andare subject to a wide range of risks and uncertainties, and
although the Company believes that the expectations representedalthough the Company believes that the expectations represented
by such forwardby such forward--looking statements are reasonable, there can belooking statements are reasonable, there can be
no assurance that such expectations will be realized. Any numberno assurance that such expectations will be realized. Any number
of important factors could cause actual results to differ materiallyof important factors could cause actual results to differ materially
from those in the forwardfrom those in the forward--looking statements including, but notlooking statements including, but not
limited to, the volatility of oil and gas prices, the ability tolimited to, the volatility of oil and gas prices, the ability to
implement corporate strategies, the state of domestic capitalimplement corporate strategies, the state of domestic capital
markets, the ability to obtain financing, changes in oil and gasmarkets, the ability to obtain financing, changes in oil and gas
acquisition and drilling programs, operating risks, productionacquisition and drilling programs, operating risks, production
rates, reserve estimates, changes in general economic conditionsrates, reserve estimates, changes in general economic conditions
and other factors more fully described from time to time in theand other factors more fully described from time to time in the
reports and filings made by the Company with securities regulatoryreports and filings made by the Company with securities regulatory
authorities.authorities.

3.  Listing: TSX Venture Exchange
 Symbol: EBY
 Issued and Outstanding: 158.7 MM shares
 Insider Ownership: +-40%
 52 week high: $0.06 - low: $0.01
 Listing: TSX Venture Exchange
 Symbol: EBY
 Issued and Outstanding: 158.7 MM shares
 Insider Ownership: +-40%
 52 week high: $0.06 - low: $0.01

4.  Shelby Beattie, President and CEO
 Over 35 Years industry experience specializing in exploration, production, and project management.
 Mike Rice, CFO
 Over 16 years of industry experience specializing in energy financing and production operations.
 Gibson C. Scott, COO
 Over 37 years of global industry experience. Formerly the Canadian Manager of Sperry-Sun Drilling
Services, a directional drilling services company owned by Halliburton.
 Andrew Alff, Geologist
 Over 36 years of experience in geology with specific domain experience in fault and fracture detection in
Texas.
 Hugh Scott, Landman
 Over 30 Years industry experience specializing in mineral rights acquisition and management.
 Shelby Beattie, President and CEO
 Over 35 Years industry experience specializing in exploration, production, and project management.
 Mike Rice, CFO
 Over 16 years of industry experience specializing in energy financing and production operations.
 Gibson C. Scott, COO
 Over 37 years of global industry experience. Formerly the Canadian Manager of Sperry-Sun Drilling
Services, a directional drilling services company owned by Halliburton.
 Andrew Alff, Geologist
 Over 36 years of experience in geology with specific domain experience in fault and fracture detection in
Texas.
 Hugh Scott, Landman
 Over 30 Years industry experience specializing in mineral rights acquisition and management.

5.  Emerald Bay Energy Inc. (EBY-V), a Canadian oil & gas producer publicly
traded on the TSX Venture Exchange, was founded in 1998 as a Research
and Development entity to develop the patented Lateral Drainhole Drilling
Technology.
 In 2005, the Company wound down it’s R&D efforts and transitioned to an
E&P focus for exploration and development of Central Alberta natural gas.
By the time natural gas prices collapsed in 2009 the Company had
established a significant land position in Alberta with over 50 drilling
locations and had grown production to over 200 boe/day.
 With Alberta production shut-in due to instability in natural gas prices,
Emerald Bay began the transition to pursue South Texas oil opportunities in
2010 and 2011
 Emerald Bay Energy Inc. (EBY-V), a Canadian oil & gas producer publicly
traded on the TSX Venture Exchange, was founded in 1998 as a Research
and Development entity to develop the patented Lateral Drainhole Drilling
Technology.
 In 2005, the Company wound down it’s R&D efforts and transitioned to an
E&P focus for exploration and development of Central Alberta natural gas.
By the time natural gas prices collapsed in 2009 the Company had
established a significant land position in Alberta with over 50 drilling
locations and had grown production to over 200 boe/day.
 With Alberta production shut-in due to instability in natural gas prices,
Emerald Bay began the transition to pursue South Texas oil opportunities in
2010 and 2011

6. AlbertaAlberta
EdmontonEdmonton
CalgaryCalgary

7.  Pilot project
 Natural gas fired
electrical power
generation plant
 Gas wells are
used as the fuel
for the power
plant
 4 generators
rated at 980 kW
 Pilot project
 Natural gas fired
electrical power
generation plant
 Gas wells are
used as the fuel
for the power
plant
 4 generators
rated at 980 kW

8.  Initial results from
“pilot” operations very
promising
 Recently installed
software to optimize
sales during peak
periods
 Great opportunity for
future growth in
Central Alberta
 Initial results from
“pilot” operations very
promising
 Recently installed
software to optimize
sales during peak
periods
 Great opportunity for
future growth in
Central Alberta

9.  Volatile oil prices have been part of this business since
the mid 70s.
 Example:
 February 2009: $43.58 per bbl
 December 2009: $61.25 per bbl
 Experience has also shown us that drilling and
completion costs drop as well. Drilling and completion
costs for our U.S. projects have dropped over 40% in the
last 6 months.
 Owning our own operations equipment such as service
rigs, water trucks, backhoes, etc. allow us to be
profitable in a lower price environment.
 Volatile oil prices have been part of this business since
the mid 70s.
 Example:
 February 2009: $43.58 per bbl
 December 2009: $61.25 per bbl
 Experience has also shown us that drilling and
completion costs drop as well. Drilling and completion
costs for our U.S. projects have dropped over 40% in the
last 6 months.
 Owning our own operations equipment such as service
rigs, water trucks, backhoes, etc. allow us to be
profitable in a lower price environment.

10.  With over 2 ½ years of planning and development, EBY is
now positioned for growth with plans to exploit numerous
oil opportunities in South Texas.
 EBY put in place strategic partnerships with key private
investors and industry partners for Texas acquisitions and
development.
 Business model created to acquire a mix of low-risk solid
return with medium-to-high risk exploration.
 With over 2 ½ years of planning and development, EBY is
now positioned for growth with plans to exploit numerous
oil opportunities in South Texas.
 EBY put in place strategic partnerships with key private
investors and industry partners for Texas acquisitions and
development.
 Business model created to acquire a mix of low-risk solid
return with medium-to-high risk exploration.

11.  Management has drilled over 200 wells within the focus
area since 1981
 Access to quality services at competitive costs
 Finding, development, and operating costs competitive
or better than Canada
 Large percentage of land/minerals held privately
 Small companies with regional expertise and knowledge
base can assemble a significant land position quickly
 Management has drilled over 200 wells within the focus
area since 1981
 Access to quality services at competitive costs
 Finding, development, and operating costs competitive
or better than Canada
 Large percentage of land/minerals held privately
 Small companies with regional expertise and knowledge
base can assemble a significant land position quickly

12. Texas
San AntonioSan Antonio
HoustonHouston
Texas
AustinAustin

13. Wooden Horse
Cottonwood Creek
Nash Creek
Somerset
Taylor-Ina
Somerset
Taylor-Ina

15.  Provides the Company with low-risk “oil” targets for
diversification with Central Alberta Gas/Power Gen
 125+ “in-fill” drilling targets in 3 counties
 “Stacked” zones of interest are:
 Escondido
 Olmos
 Anacacho
 Management has extensive experience in the area
 Excellent geologic control with year-around access to
drilling locations
 Long life reserves
 Provides the Company with low-risk “oil” targets for
diversification with Central Alberta Gas/Power Gen
 125+ “in-fill” drilling targets in 3 counties
 “Stacked” zones of interest are:
 Escondido
 Olmos
 Anacacho
 Management has extensive experience in the area
 Excellent geologic control with year-around access to
drilling locations
 Long life reserves

16. Oil produced from traps generated by faults
Shale barrier provides the trap on the down thrown side
Fault throws can trap the intervals and provide commercial
opportunities with the use of horizontal drilling practices
and properly designed facilities to handle fluid quantities
Caldwell, Bastrop, and Guadalupe Counties have been
the source of multiple Limestone developments
EBY geologist (Andy Alff) has spent the last 30+ years
mapping the fault structures in the region
Oil produced from traps generated by faults
Shale barrier provides the trap on the down thrown side
Fault throws can trap the intervals and provide commercial
opportunities with the use of horizontal drilling practices
and properly designed facilities to handle fluid quantities
Caldwell, Bastrop, and Guadalupe Counties have been
the source of multiple Limestone developments
EBY geologist (Andy Alff) has spent the last 30+ years
mapping the fault structures in the region

17.  Zones of Interest
◦ Austin Chalk
◦ Buda Limestone
◦ Georgetown
◦ Edwards Limestone
 INFRASTRUCTURE COMPLETE!
◦ 3 exploratory wells (1 horizontal and 2 vertical)
◦ 5 pay zones tested during the past 14 months
◦ 1 Salt Water Disposal well (40,000 BPD capacity)
◦ 3D seismic program underway to provide fault clarity
and accuracy for the next phase of drilling
 Zones of Interest
◦ Austin Chalk
◦ Buda Limestone
◦ Georgetown
◦ Edwards Limestone
 INFRASTRUCTURE COMPLETE!
◦ 3 exploratory wells (1 horizontal and 2 vertical)
◦ 5 pay zones tested during the past 14 months
◦ 1 Salt Water Disposal well (40,000 BPD capacity)
◦ 3D seismic program underway to provide fault clarity
and accuracy for the next phase of drilling

18.  Zones of Interest
◦ Pecan Gap
◦ Austin Chalk
◦ Buda
◦ Edwards Limestone
 Activity to date:
◦ Purchased existing producing well on the land. It has made over
60,000 bbls since 1937.
◦ Secured a salt water disposal well permit
◦ 3D seismic acquisition complete
◦ Initial test well drilled to acquire sonic log and amplitude confirmation
◦ 2nd phase of interpretation is complete
◦ Drilling 2nd well in Q3 of this year
 Zones of Interest
◦ Pecan Gap
◦ Austin Chalk
◦ Buda
◦ Edwards Limestone
 Activity to date:
◦ Purchased existing producing well on the land. It has made over
60,000 bbls since 1937.
◦ Secured a salt water disposal well permit
◦ 3D seismic acquisition complete
◦ Initial test well drilled to acquire sonic log and amplitude confirmation
◦ 2nd phase of interpretation is complete
◦ Drilling 2nd well in Q3 of this year

19.  Power Generation project continues in Central Alberta
 Projects in Atascosa, Bexar, and Medina counties
provide a low-risk growth play
 Guadalupe County provides for potential “company-
maker” projects with multiple exploration and
development opportunities
 Multiple pay zones tested and facilities in-place at
Wooden Horse - ready for development
 Power Generation project continues in Central Alberta
 Projects in Atascosa, Bexar, and Medina counties
provide a low-risk growth play
 Guadalupe County provides for potential “company-
maker” projects with multiple exploration and
development opportunities
 Multiple pay zones tested and facilities in-place at
Wooden Horse - ready for development