Big Sky Petroleum Corp. (TSXV: BSP) has completed drilling of its Schafer No.1 vertical Wolfberry well.

The well was drilled to a 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 during the week of Feb. 18.

Based in Vancouver, B.C., Big Sky is an oil and gas E&P company with US operations in Montana and Texas.