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Big Sky Energy Corporation (OTC:BSKO) – Friday's shares closed down 8.33% with a price of $0.550. The volume was at 345,964. The company announced that it has appointed Dr. Servet Harunoglu as its Chief Executive Officer and President. Dr. Harunoglu, who has served as an independent director to the Company since May 2005, replaces Mr. Al Sehsuvaroglu, who will remain as a consultant to the Company through next year.Dr. Harunoglu received his Doctorate in electrical engineering from Northwestern University in 1973. Upon graduation he joined Eltek Electrical Technology Co. as its General Manager. In 1982 he joined Enka Holdings, a renowned international construction company, as Director of Marketing. In 1985 he joined Cukurova Holdings, a large Turkish industrial conglomerate, as its General Coordinator. In 1991 he formed Fintraco Construction and Contracting Co., one of Kazakhstan's largest construction firms, and, currently he is a Director of this company.
Big Sky Energy Corporation is a US junior oil and gas company looking to develop assets in the world's most prolific basins in order to become a leading low-cost finder of hydrocarbons. The Company is currently operating in Kazakhstan's renowned pre-Caspian Basin.