Big Sky Petroleum Corporation (BSP.V) has acquired a 90% working interest in 1,100 acres contiguous to its Midland Basin Wolfcamp Prospect. This lease acquisition is in addition to the previously announced 2,300 acres that the company acquired in December, 2012, and on which it drilled its first well. This latest acquisition increases the Midland Basin Prospect area to 3,400+ contiguous net operated acres which is 90% owned by Big Sky.
BSP was up 3% to 17 cents, with 52-week range of $0.075 - $0.295.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
