Big Sky Energy Corporation
OTC Bulletin Board : BSKO

Big Sky Energy Corporation

May 12, 2006 08:26 ET

Big Sky Energy Announces it has Commenced Drilling Operations in Its Karatal Block, Western Kazakhstan

CALGARY, ALBERTA--(CCNMatthews - May 12, 2006) - Big Sky Energy Corporation (OTCBB:BSKO) (the "Company") announced today that its subsidiary KoZhaN LLP has commenced drilling Well No. 34 in its Karatal Block, located on the north shore of the Caspian Sea in western Kazakhstan.

The Well will be drilled to an approximate depth of 1,800m to test the Jurassic and Triassic sediments in the Karatal Block. This new structure is located approximately 12 km N-NW of Well No. 6, which was re-entered, worked-over, and recently placed on production from the Jurassic formation (591m to 596m) at a rate of approximately 100 bopd of sweet light crude.

"This is the first test we are undertaking of the deeper Triassic formation which was identified with our intense 2D seismic shoot, conducted earlier in 2005," stated Mr. Al Sehsuvaroglu, the Company's CEO and President. "Based on the success of this location, we will follow up with additional in-fill locations."

Big Sky Energy Corporation is a US junior oil and gas company looking to develop assets in the world's most prolific basins in order to become a leading low-cost finder of hydrocarbons. The Company is currently operating in Kazakhstan's renowned pre-Caspian Basin.

NOTE: The information contained in this press release contains forward looking statements which are based on the current expectations of the management of Big Sky Energy Corporation only, and actual results may differ materially. For a more detailed discussion of risks and other factors related to Big Sky Energy Corporation, please refer to its Form 10-KSB and Form 10-QSB reports, as filed with the U.S. Securities and Exchange Commission.

Contact Information

  • Big Sky Energy Corporation
    Mr. S. A. (Al) Sehsuvaroglu
    CEO and President
    7.3272.597.628 (FAX)