Big Sky Energy Announces Drilling Operations in Its Dauletaly Block, Western Kazakhstan
Thursday, August 31st 2006
Big Sky Energy Corporation announced that its subsidiary KoZhaN LLP has commenced drilling Well DLT-33 in its Dauletaly Block, located on the north shore of the Caspian Sea in western Kazakhstan.
The well will be drilled to an approximate depth of 800m to test the Upper Jurassic sand formation in the Dauletaly Block. This new structure is located approximately 100m NW of Well DLT-G1, which was drilled in 1980 to a depth of 1,175 m into a prominent salt diapir. Historical well log analysis of G1 shows oil saturation in three intervals from 663 to 763 m.
“This is the first Dauletaly exploration well we are undertaking in the Upper Jurassic formation, which was identified with our 106 km 2D seismic shoot, conducted earlier in 2005,” stated Mr. Al Sehsuvaroglu, the Company’s CEO and President. “Based on the success of this location, we will follow up with additional exploration wells in this block.”
Big Sky Energy Corporation is a US 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.
Contacts: Big Sky Energy Corporation Mr. S. A. (Al) Sehsuvaroglu CEO and President 7.3272.598.903 7.3272.597.628 (FAX)
Email: sas@bigskycanada.com
