Big Sky Energy Corporation
OTC Bulletin Board : BSKO

Big Sky Energy Corporation

August 16, 2005 15:43 ET

Big Sky Energy Receives Confirmation of Work Commitments and Requirements on Morskoe Field

CALGARY, ALBERTA--(CCNMatthews - Aug. 16, 2005) - Big Sky Energy Corporation, (OTCBB:BSKO) announced today that the Company has received written confirmation from the Ministry of Energy and Natural Resources of Kazakhstan (the "Ministry") stating that it had met, as of August 9, 2005. its minimal work program for 2004 and other obligations required by the Morskoe Field Contract 1103 and legislation of the Republic of Kazakhstan. Under Kazakhstan law, in the normal course, the Ministry requires periodic submission of reports by companies indicating their progress in completing minimal work programs and fulfilling other Ministry and contractual requirements.

Big Sky is currently working to meet similar requirements in respect of the Atyrau and Karatal field contracts based on timing imposed by the Ministry of September 26, 2005 and September 23, 2005, respectively. Big Sky therefore believes it will receive confirmation of compliance from the Ministry for the Atyrau and Karatal field contracts, prior to the dates specified above.

Big Sky wishes to point out, however, there can be no assurances that the Ministry will treat the information provided by Big Sky on its other field contracts in a manner similar to that of the Morskoe Field and, that if the contracts with respect to these or others fields are terminated, management believes it will not have a material adverse effect on the Company.

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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