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    Big Sky Petroleum Corp. Releases Wolfcamp NI 51-101 Report

    Investing News Network
    Mar. 26, 2013 02:19PM PST
    Oil and Gas Investing

    Big Sky Petroleum Corp. (TSXV:BSP) announced receiving a new NI 51-101 report for its Midland Basin Wolfcamp prospect. The report was prepared by Petrotech Engineering Ltd. Big Sky currently holds a 90% working interest in 3,450 net acres of oil and gas leases in Schleicher County.

    Big Sky Petroleum Corp. (TSXV:BSP) announced receiving a new NI 51-101 report for its Midland Basin Wolfcamp prospect. The report was prepared by Petrotech Engineering Ltd. Big Sky currently holds a 90% working interest in 3,450 net acres of oil and gas leases in Schleicher County.

    As quoted in the press release:

    The evaluation uses the definition of resources and follows the guidelines from the Canadian Oil and Gas Evaluation Handbook (“COGEH”). The net cash flow is calculated at forecast prices and escalated costs on the prospective resources, to all future time and after deduction of the capital and operating costs, royalties, but before deduction of income tax.

    Click here to read the Big Sky Petroleum Corp. (TSXV:BSP) press release

    See this press release on Marketwire
    Click here to see the Big Sky Petroleum Corp. (TSXV:BSP) profile

    tsxv:bspcanadian oilbig sky petroleumbig sky petroleum corpcanadian oil and gas
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