Big Sky Energy Corporation
OTC Bulletin Board : BSKO

Big Sky Energy Corporation

November 07, 2005 16:45 ET

Big Sky Energy Corporation Announces it has Mobilized a Rig for its Atyrau Block, Kazakhstan

CALGARY, ALBERTA--(CCNMatthews - Nov. 7, 2005) - Big Sky Energy Corporation (OTCBB:BSKO) (the "Company") announced today that its contractor, PM Lucas LLP, has mobilized a drilling rig for its Atyrau Block, which is located on the north shore of the Caspian Sea in western Kazakhstan.

The Company intends to drill a well of approximately 1,600m to test the Jurassic and Triassic sediments located in the Ongar West Field in its Atyrau Block. The Company is currently constructing its drilling site, and intends to spud this well within the next 15 days.

"This is the first of many locations which we have identified with an extensive 2D and 3D seismic shoot we have conducted over the past 6 months on this Atyrau Block," stated Mr. Al Sehsuvaroglu, the Company's President and CEO.

The Company is continuing to shoot additional seismic across the Atyrau Block, and has received approval for this program from the Ministry of Energy and Minerals. In addition, the Company has been invited to discuss its 2006 work program with the relevant department to fine tune the various locations it intends to drill next year.

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 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
    Chairman
    (403) 234-8282
    (403) 265-8808 (FAX)
    Email: mh@bigskycanada.com
    or
    Big Sky Energy Corporation
    Mr. S. A. (Al) Sehsuvaroglu
    President and CEO
    7 3272 598 903
    7 3272 597 628 (FAX)
    Email: sas@bigskycanada.com