Big Sky Petroleum Corp. (TSXV: BSP) has acquired a 90% working interest in 1,100 acres contiguous to its Midland Basin Wolfcamp Prospect in Texas.
This lease acquisition is in addition to the previously announced 2,300 acres Big Sky acquired in December 2012 and on which the company drilled its first well. This latest acquisition increases its Midland Basin prospect area to about 3,400 contiguous net operated acres, which is 90%-owned by Big Sky.
According to the release, the company is actively seeking to increase its acreage position in the Wolfcamp ...