Sky Petroleum Reports More Than 31,000 Barrels During October and November

Sky Petroleum, Inc., an oil and gas company, today reported that during the two months ending November 30, 2007, Mubarek production from the H2 and K2-ST4 wells was 31,562 barrels of oil. During the month of October Mubarek production from the H2 and K2-ST4 wells was 18,576 barrels of oil and during the month of November Mubarek production from the H2 and K2-ST4 wells was 12,986 barrels of oil. October is the first complete month of production from the K2-ST4 well and it continues to be observed in order to optimize production.