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Big Sky Purchases Outstanding 10% Interest in its Subsidiary KoZhaN LLP.


CALGARY, Alberta -- Big Sky Energy Corporation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:BSKO) (the "Corporation") announced today that it purchased the outstanding 10% interest in its subsidiary KoZhaN LLP LLP - Lower Layer Protocol  for US$1.25 million. This purchase is subject to the relevant approvals of the Ministry of Energy and Mineral Resources (MEMR MEMR Memory Read
MEMR Memory Effect Modeling Ratio
) of Kazakhstan, which are anticipated directly. KoZhaN owns the Morskoe, Dauletaly, and Karatal licenses, which are located in the pre-Caspian basin in western Kazakhstan.

"We now own 100% of KoZhaN LLP," stated Mr. Al Sehsuvaroglu, the Company's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , "which allows for a more efficient operation as we prepare to exploit these assets in the near future.

Big Sky Energy Corporation is an oil and gas company which is focused on exploiting assets in the greater Caspian region. The Company is currently exploring its 5 licenses, encompassing an area in excess of 15,000 sq.km., located on the north-eastern shore of the Caspian sea.

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 OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
:BSKO)
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Publication:Business Wire
Date:Aug 8, 2005
Words:230
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