Message #24 From:
Stock News Bot Date: December 2, 2005 04:10:00 AM
BSKO News Big Sky Energy Announces it has Commenced Drilling Operations in the Ongar West Field of its Atyrau Block, Kazakhstan
CALGARY, Alberta--(BUSINESS WIRE)--Dec. 2, 2005--Big Sky Energy Corporation (OTCBB:BSKO) (the "Company") announced today that it has commenced drilling Well No. 1 in the Ongar West Field of its Atyrau Block, located on the north shore of the Caspian Sea, Kazakhstan.
The Company intends to drill this well to approximately 1,600m to test the Jurassic and Triassic sediments located in the Ongar West Field. The Company anticipates that it will reach total depth within approximately 30 days.
"This is the first prospect we are drilling in the Atyrau Block," stated Mr. Al Sehsuvaroglu, the Company's President and CEO. "We intend to drill several additional prospects in this block during 2006."
Big Sky Energy Corporation is an American junior 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.
Big Sky Energy Corporation (OTC Bulletin Board:BSKO)