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CALGARY, ALBERTA--(Marketwire - May 21, 2010) - Emerald Bay Energy Inc. (TSX VENTURE:EBY) (the "Company") is pleased to report that it has filed the following documents:

NI 51‐101 ‐ STATEMENT OF RESERVES DATA AND OTHER OIL AND GAS INFORMATION FOR THE YEAR ENDED DECEMBER 31, 2009, AND RELATED DOCUMENTS

AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2009

MANAGEMENT'S DISCUSSION AND ANALYSIS FOR THE YEAR ENDED DECEMBER 31, 2009

Copies of the above documents may be viewed and obtained on SEDAR ([ www.sedar.com ]).

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 ].

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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.