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

Big Sky Petroleum Corp (TSX VENTURE:BSP), as previously reported, 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. 


Sam Nastat, President, stated, "The Management of Big Sky is very pleased with
the performance of our recently established operating company, BSP Operating,
LLC. We drilled the well to 7,370 feet TVD in seven days; logged, cored, cased
and cemented the hole in a period of 5 days and came in under budget. We could
not have asked for a better performance from our operating division."


About Big Sky

Big Sky is an oil and gas exploration and production company with U.S.
operations in Montana and Texas. The Company is currently focused on the
development of unconventional tight oil reservoirs in the Southern Alberta Basin
of Montana and the Southern Midland Basin in West Texas. 


Sam Nastat, President

This press release contains "forward-looking information". Such forward-looking
statements reflect our current views with respect to future events and are
subject to certain risks, uncertainties and assumptions, including, the risks
and uncertainties outlined in our most recent financial statements and reports
and registration statement filed with the Canadian securities administrators
(available at www.sedar.com). Should one or more of these risks or uncertainties
materialize, or should underlying assumptions prove incorrect, actual results
may vary materially from those anticipated, believed, estimated or expected.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Big Sky Petroleum Corporation
Sandrine Lam
at 604-687-3520
1-888-889-4874
www.bspcorp.com