Big Sky Energy Corporation
OTC Bulletin Board : BSKO

Big Sky Energy Corporation

November 15, 2005 11:59 ET

Big Sky Energy Corporation Announces the Commencement of Production from its Karatal Block, Kazakhstan

CALGARY, ALBERTA--(CCNMatthews - Nov. 15, 2005) - Big Sky Energy Corporation (OTCBB:BSKO) (the "Company") announced today that it has commenced production from its Karatal Block located on the north shore of the Caspian Sea, Kazakhstan.

Well No. 6 was re-entered and worked over earlier this year, and has been placed on production at a rate of 100 bopd from the Jurassic formation (591m to 596m). This Well produces on pump to a well site oil battery. Oil production is sold at the field under a short-term sales contract.

"We are pleased to start production from this Block," stated Mr. Al Sehsuvaroglu, the Company's President and CEO. "We intend to follow up with additional work-overs and new wells which will use the infrastructure which we have recently installed, which we believe will accelerate our ability to grow production from this Block."

Big Sky Energy Corporation is an American junior oil and gas company looking to develop assets in the worlds most prolific basins in order to become a leading low-cost finder of hydrocarbons. Big Sky is listed under NASDAQ OTC and 70% of its shareholding is composed of major financial institutions. 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. Matthew Heysel
    (403) 234-8282
    (403) 265-8808 (FAX)
    Big Sky Energy Corporation
    Mr. S. A. (Al) Sehsuvaroglu
    President and CEO
    7 3272 598 903
    7 3272 597 628 (FAX)