Big Sky Energy Corporation
OTC Bulletin Board : BSKO

Big Sky Energy Corporation

August 24, 2005 18:27 ET

Big Sky Energy Announces the Commencement of Drilling of Its Well No. 11 in the Morskoe Field, Kazakhstan

CALGARY, ALBERTA--(CCNMatthews - Aug. 24, 2005) - Big Sky Energy Corporation, (OTCBB:BSKO) announced today that its subsidiary KoZhaN LLP has commenced the drilling of Well No. 11 in its Morskoe Field, located on the north-east shore of the Caspian Sea, Kazakhstan.

Well No. 11 is anticipated to be drilled to a total vertical depth of 1,350m and is expected to take approximately 30 days to reach total depth. This well will be drilled from a pad which the company constructed to drill its Well No. 10 and will be deviated approximately 300m to the north-west to target the Albian formation.

Well No. 10 encountered two oil zones in the Albian formation and flowed co-mingled on test at a rate of 3,465 bopd of 20 degrees API sweet crude at a flowing wellhead pressure of 250psig.

"Following the drilling and testing of Well No. 11, we will use the same rig to drill Well No. 12," stated Mr. Al Sehsuvaroglu, the Company's President and Chief Executive Officer. "It is anticipated that Wells No. 10, 11, and 12 will be placed on production at the end of the year to an oil facility we are currently constructing, subject to the receipt of relevant permits from the Kazakh government."

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. This does not constitute an offer to sell, and is not soliciting an offer to buy any securities of Big Sky Energy Corporation in any jurisdiction where such offer is not permitted. No securities of Big Sky Energy Corporation may be offered or sold in the United States or to U.S. persons unless the securities of Big Sky Energy Corporation are registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or an exemption from the registration requirements of the U.S. Securities Act is available. Hedging transactions involving the securities of Big Sky Energy Corporation may not be conducted unless in compliance with the U.S. Securities Act.

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