Big Sky Petroleum Completes Drilling of First Wolfberry Well On its Texas Midland Basin Prospect

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Big Sky Petroleum Corp (BSP.V)reports that it has spudded the Schafer No.1 vertical Wolfberry Well on January 18th. The well was drilled to a TVD (Total Vertical Depth) of 7,370 feet without any incidents and below the wells' initial cost estimate. The well has been cored, logged and cased. The technical data from both the coring and logging operations has been submitted for analysis and evaluation to determine the multiple horizons which the Company will complete within the wellbore. The well is scheduled to be completed and frac'd during the week of February 18th.



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