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Emerald Oil Closes $16.2MM Private Placement

Net proceeds will be used to fund the company's 2013 capital budget.

Net proceeds will be used to fund its capital budget in 2013 and for general corporate purposes including working capital.

Net proceeds will be used to fund its capital budget in 2013 and for general corporate purposes including working capital.

Net proceeds will be used to fund the capital budget in 2013 and for general corporate purposes, including working capital.

Emerald Bay Energy Inc., based in Calgary , is a junior oil and gas producer with production properties in Western Canada and South Texas.

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