Big Sky Energy Corporation
OTC Bulletin Board : BSKO

Big Sky Energy Corporation

June 13, 2005 09:34 ET

Big Sky Announces Work-Over Results of Well No. 6, Karatal Field, Western Kazakhstan

CALGARY, ALBERTA--(CCNMatthews - June 13, 2005) - Big Sky Energy Corporation, (OTCBB:BSKO) (the "Company") announced today the work-over results of Well No. 6 in the Karatal Field, Western Kazakhstan.

Well No. 6, which is similar to the other 5 wells in the Karatal Field, was drilled and immediately abandoned in the 1960's. The Company re-entered this well and perforated the Jurassic J2 formation from 591 to 596 m . The well flowed on a 9 mm choke at a rate of 157 bopd of 32 degrees API crude oil for a period of four hours.

During the next 60 days, the Company intends to re-enter and work over offset Wells No. 1, No. 5, and No. 9, all of which have oil at surface. Based on the results of these work-overs, an acid stimulation campaign will be designed and implemented in an attempt to further enhance well in-flow performance.

"We are pleased with the results of the work-over of Well No. 6," stated Mr. Al Sehsuvaroglu, the Company's President and CEO. "Full field development will commence based on the results of the stimulation program and on the analysis of the 50 km of 2D seismic data which we acquired over the Karatal Field in May 2005."

Big Sky Energy Corporation is an international 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 10-KSB and 10 QSB reports filed with the U.S. Securities and Exchange Commission.

Contact Information

  • Big Sky Energy Corporation
    Mr. Matthew Heysel
    (403) 234-8282
    (403) 265-8808 (FAX)