Big Sky Petroleum to Spud Initial Wolfberry Well on January 15th

Big Sky Petroleum Corp (TSX VENTURE:BSP) through its Texas subsidiary, BSP
Operating, LLC, has completed permitting of the first vertical Wolfberry test in
its most recently acquired Midland Basin prospect located in the Southeastern
portion of the prolific Permian Basin in west Texas. The Midland Basin Prospect
is a contiguous lease block consisting of approximately 2,300 net operated
acres. Big Sky holds a 90% interest in this prospect. The Wolfberry Play is
named such because of the comingling of production from the Wolfcamp and
Spraberry Formations. The overall Wolfberry interval, which is approximately
1,000-feet thick, is an unconventional oil play that also includes a
liquids-rich natural gas component. The scheduled spud date for the Schafer No.1
is January 15th and will be drilled to a vertical depth of 7,300 feet. The plan
is to log the entire Wolfberry interval and pull a minimum of 35 sidewall cores
for evaluation. Upon receipt of the evaluation of the logs and cores, the
fracture stimulation design will be engineered and implemented. 


Sam Nastat, President, recently stated, "Given the high success rate of
Wolfcamp/Wolfberry exploration in the Southern Midland Basin, the management and
technical team of Big Sky is confident that Big Sky's positioning within this
continually expanding play will enable Big Sky to establish itself as one of the
early key players in the expansion of this play."


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
604-687-3520
1-888-889-4874 (FAX)
www.bspcorp.com