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Independent Resource Evaluation Confirms Existence of Giant Oil and Gas Prospects on Manas Petroleum's Albanian Exploration Blocks.

Publication: PR Newswire
Publication Date: 10-JAN-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
BAAR, Switzerland, January 10 /PRNewswire-FirstCall/ -- Manas Petroleum Corporation (MNAP.OB) is pleased to announce the results of a Resource Evaluation prepared by Gustavson Associates LLC regarding Manas Petroleum's blocks A, B,D and E in Albania.

The Report considers the licenses 8 primary and recognized prospects identified from approximately 4,000 kilometers of seismic shot by AlbPetrol, Shell, and Coparex on the concession position.

Gustavson assigns 2.987 billion barrels with 3.014 trillion cubic feet of associated gas as the P50 prospective oil resources in its oil with associated gas case. Gustavson notes...

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