Big Sky Energy Corporation

Big Sky Energy Corporation

February 28, 2005 18:01 ET

Big Sky Energy Corporation Announces Financing of US$13,625,000


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: BIG SKY ENERGY CORPORATION

OTC Bulletin Board SYMBOL: BSKO

FEBRUARY 28, 2005 - 18:01 ET

Big Sky Energy Corporation Announces Financing of
US$13,625,000

CAGARY, ALBERTA--(CCNMatthews - Feb. 28, 2005) - Big Sky Energy
Corporation, (OTCBB:BSKO) (the "Company") announced today that it has
closed a private placement, having received commitments totaling
US$13,625,000.

"This financing will accelerate the development of our first five
licenses, covering over 15,200 sq.km. which were acquired over the past
twelve months," stated the newly appointed Company President, Mr. Al
Sehsuvaroglu, P.E.

Big Sky Energy Corporation is an international oil and gas exploration
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.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Big Sky Energy Corporation
    Mr. Matthew Heysel
    Chairman & CEO
    (403) 234-8282
    (403) 265-8808 (FAX)
    Email: mh@bigskycanada.com