Thursday, August 27, 2009

Cohen Independent Research Group Issues a "BUY" Rating with a $6.56 Target Price for Manas Petroleum (OTCBB: MNAP)

Cohen Independent Research Group Issues a "BUY" Rating with a $6.56 Target Price for Manas Petroleum (OTCBB: MNAP)

Manas Petroleum (OTC BB: MNAP)A new research report has been issued on Manas Petroleum by Cohen Independent Research Group, Wall Street's leading independent research firm, with a "BUY" recommendation and a $6.56 long-term price target.

About Cohen Independent Research Group:
Led by Paul Cohen, Cohen Independent Research Group is Wall Street's #1 Independent Research Firm. As founder of Bear Stearns Western Regional Offices, Paul Cohen was one of the original 12 Dirty Dozen analysts regarded by many to be the top 12 security analysts in the nation. Mr. Cohen was also the West Coast Senior Vice President of CBWL-Hayden Stone-American Express. Mr. Cohen's partners were Sanford I. Weill (past Chairman and CEO of CitiGroup and past Chairman of Solomon Smith Barney) and Arthur Levitt (past Chairman of the Securities and Exchange Commission (SEC)).

Cohen Independent Research Group includes nine PhD's (three with MD's), two MD's, six CFA's (chartered financial analyst), three with CPA's (certified public accountant) and 21 analysts covering most industries. For more information readers can visit the company's website at www.cohenresearch.com.

Click Here For Manas Report

Manas Petroleum is an international oil and gas company focusing on activities in South-Eastern Europe, Central Asia and South America. In Albania, Manas has developed a large exploration project with a total resource potential (P50) of 3 billion barrels (Gustavson 2008). Four blocks are now drill-ready. The council of ministers recently ratified the production-sharing contracts on two blocks to DWM Petroleum, a subsidiary of Manas. A 51-101 compliant estimate is now being prepared. In Kyrgyzstan, Manas has signed a $54 million USD farm-out agreement with Santos LTD ADR (PK: STOSY) covering it's 1.2 billion barrels in place (Scott Pickford, 2005). Drilling is currently underway. Manas' development of its license in Tajikistan is now covered by an option farm-in agreement with Santos where a seismic program has recently been completed. In Chile, Manas and its U.S. partner, IPR, farmed out a large natural gas exploration project to a consortium of local operators. In Mongolia, the Company recently completed a phase 1 geological program defining structural trends with potential petroleum accumulations. A seismic program is ongoing. Details of these projects are located on the Company's website: www.manaspete.com.

Undiscovered Equities is currently offering a complimentary trial subscription. To view the full report on Manas Petroleum visit: www.undiscoveredequities.com

Undiscovered Equities is a leading provider of equity research on high impact oil and gas exploration projects. Our services include research analysis on the energy and precious metals markets, news and financial data, market commentary and the Undiscovered Equities newsletter. Undiscovered Equities' staff of small cap investment professionals are dedicated to providing the investment community with the tools and avenues necessary to capitalize on the energy boom, invest their money wisely and build wealth. To view our newsletter on a complimentary trial basis and take advantage of our other services go to www.undiscoveredequities.com and join our email list on our home page.

Disclosure: Undiscovered Equities is not a registered investment adviser and nothing in this release should be construed as a recommendation to buy or sell securities. Undiscovered Equities has been compensated by the above mentioned company for I/R services.

Kevin McKnight
1-800-404-8982
info@undiscoveredequities.com
Undiscovered Equities, Inc.
1515 S Federal Hwy, Ste 207
Boca Raton, FL 33432
www.undiscoveredequities.com

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Monday, August 24, 2009

DRILLING OF SECOND EXPLORATION WELL PASSES HALF WAY MARK ON MANAS PETROLEUM’S HUDAY NAZAR PROSPECT IN KYRGYZSTAN


DRILLING OF SECOND EXPLORATION WELL PASSES HALF WAY MARK ON MANAS PETROLEUM’S HUDAY NAZAR PROSPECT IN KYRGYZSTAN


Baar, Switzerland, August 24th, 2009 / Manas Petroleum (OTCBB: MNAP) is pleased to report further drilling progress of its second, deeper exploration well at the Huday Nazar SPC-1 (Soh license) Prospect by its Kyrgyz joint venture with South Petroleum Company (SPC)
An intermediate hole (12 1/4”) has now been completed to a depth of 1228m as of August 21st, 2009. Drilling objectives are to test tertiary-aged (Palaeogene) clastics and carbonate reservoirs between 1680m and 1835m below ground level. Projected total depth of this well is 2400m below ground level. Pending successful drilling results, testing and completion of the well would be made following the completion of the Company’s drilling program. The P50 mapped closure for the Huday Nazar Prospect is 6 square km. The Prospect was generated as a result of the processing of seismic shot in a recent 2D seismic program by SPC.


Analogue fields for the Huday Nazar are the North Rishtan (1 MMBO) and North Soh (13MMBO, 130 BCF). The Huday Nazar replaces the previously planned drilling of the smaller and shallower East Chongora Prospect which is also in the Soh License area. Acquisition of a total of 800 km of 2D seismic within the SPC licenses was completed as of late May 2009 and seismic processing is ongoing. Preparations by the joint venture partners are underway for a 2010 deep drilling program which is expected to commence in early 2010.


Manas Petroleum is an international oil and gas company, focusing on activities in South-Eastern Europe, Central Asia and South America. In Albania, Manas has developed a large exploration project with a total resource potential (P50) of 3 billion barrels (Gustavson 2008). Four blocks are now drill-ready. The council of ministers recently ratified the production-sharing contracts on two blocks to DWM Petroleum, a subsidiary of Manas. A 51-101 compliant estimate is now being prepared. In Kyrgyzstan, Manas has signed a $ 54 million USD farm-out agreement with Santos LTD ADR (PK: STOSY), covering it 1.2 billion barrels in place (Scott Pickford, 2005). Drilling is currently underway. Manas’ development of its license in Tajikistan is now covered by an option farm-in agreement with Santos, where a seismic program has been recently completed. In Chile, Manas and its U.S. partner, IPR, farmed out a large natural gas exploration project to a consortium of local operators. In Mongolia, the Company recently ompleted a phase 1 geological program, defining structural trends with potential petroleum accumulations. A seismic program is currently underway. Details of these projects are located on the Company’s website: www.manaspete.com.


Undiscovered Equities is currently offering a complimentary trial subscription. To view the full report on Manas Petroleum visit: www.undiscoveredequities.com Undiscovered Equities is a leading provider of equity research on high impact oil and gas exploration projects. Our services include, research analysis on the energy and precious metals markets, news and financial data, market commentary and the Undiscovered Equities newsletter. Undiscovered Equities' staff of small cap investment professionals are dedicated to providing the investment community with the tools and avenues necessary to capitalize on the energy boom, invest their money wisely and build wealth. To view our newsletter on a complimentary trial basis and take advantage of our other services go to www.undiscoveredequities.com and join our email list on our home page.

Disclosure: Undiscovered Equities is not a registered investment adviser and nothing in this release should be construed as a recommendation to buy or sell securities. Undiscovered Equities has been compensated by the above mentioned company for I/R services.

CONTACT:email: info@undiscoveredequities.com www: www.undiscoveredequities.comphone: 1 (800) 404-8982
For questions and additional information, please call me toll-free at 1-800-404-8982, or visit our website at www.undiscoveredequities.com
Kevin McKnight1-800-404-8982Undiscovered Equities, Inc.1515 S Federal Hwy, Ste 207Boca Raton, FL 33432www.undiscoveredequities.com
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Tuesday, August 18, 2009

Manas Petroleum (OTCBB: MNAP): Update on Huday Nazar SPC 1 wellsite

Manas Petroleum (OTCBB: MNAP): Update on Huday Nazar SPC 1 wellsite

Set 13 3/8" casing at 280 metres and drilling ahead in 12 1/4" hole at 992 metres, to hydrocarbon objectives between 1680 and 1840 metres. An intermediate wireline evaluation is planned prior to setting 9 5/8" casing at approximately 1500 metres. A second wireline evaluation will be conducted after drilling the 8 1/2 " hole to an approximate TD for the well at 2400 metres. In the event hydrocarbon anomalies are encountered in this well, the well will be tested and subsequently cased and suspended upon confirmation of a commercial flow of hydrocarbon.

Manas Petroleum Corporation (Manas Petroleum) is a development-stage company engaged in the business of exploring for oil and gas, primarily in Central Asia and the Balkans. The Company is focused on the exploration of light oil prospects. The Company carries out operations both directly and through participation in ventures with oil and gas companies to whom it has farmed out a project. The Company is involved in projects in the Kyrgyz Republic, Albania, Tajikistan, Mongolia and Chile.

Undiscovered Equities is currently offering a complimentary trial subscription. To view the full report on Manas Petroleum visit: www.undiscoveredequities.com Undiscovered Equities is a leading provider of equity research on high impact oil and gas exploration projects. Our services include, research analysis on the energy and precious metals markets, news and financial data, market commentary and the Undiscovered Equities newsletter. Undiscovered Equities' staff of small cap investment professionals are dedicated to providing the investment community with the tools and avenues necessary to capitalize on the energy boom, invest their money wisely and build wealth. To view our newsletter on a complimentary trial basis and take advantage of our other services go to www.undiscoveredequities.com and join our email list on our home page.

Disclosure: Undiscovered Equities is not a registered investment adviser and nothing in this release should be construed as a recommendation to buy or sell securities. Undiscovered Equities has been compensated by the above mentioned company for I/R services.

CONTACT:email: info@undiscoveredequities.com
www: www.undiscoveredequities.com
phone: 1 (800) 404-8982

For questions and additional information, please call me toll-free at 1-800-404-8982, or visit our website at www.undiscoveredequities.com

Thursday, August 13, 2009

Sinopec’s Subsidiary Discovers Black Gold in Inner Mongolia very close to Manas Petroleum’s Blocks 13 and 14

Sinopec’s Subsidiary Discovers Black Gold in Inner Mongolia very close to Manas Petroleum’s Blocks 13 and 14

Last week another medium sized oil field has been found in China’s northern Inner Mongolia Autonomous Region. Click here for the RIGZONE article.

The Inner Mongolia Autonomous Region in North China is known as one of the major oil and gas producing regions of China. More than a dozen large oil and gas producing fields have been discovered in the region with expected reserves exceeding 15 billion barrels of oil and 35 trillion cubic feet of natural gas.

Manas Petroleum (OTCBB: MNAP) owns a 74% interest in blocks 13 and 14 which cover an aggregate of over 20,000 square kilometers or almost 5 million acres of land located on Mongolia’s southern border. These blocks cover an immense area and show great potential for exploration as evidenced by multiple oil seeps and extensive source rocks.

Manas Petroleum has already identified several leads on these blocks from previous seismic. Field work performed by Manas in block 13 already has confirmed the structural model and also indicated the presence of large thrust-related prospects throughout the block. Work continues to further define these prospects and develop the project.

Also in the area is the Autonomous Region’s giant Sulige field, which is estimated to contain 3.6 barrels of oil and 21 trillion cubic feet of gas. The Sulige field is directly to the south of block 13. Block 13 has multiple oil seeps where reservoir rocks outcrop. These same reservoir rocks are producing oil in Zuunbayan and Tsagaantsav shallow oilfields which are situated in close vicinity to the north of block 13. The oilfields are operated by a Chinese company Dong Sheng, which is a branch of PetroChina (NYSE: PTR), which operates in the north of China and in Mongolia. The two producing oilfields are very shallow (a few hundred meters deep).

For more information and a geological map of Mongolia please go to page 27 of the Manas presentation.

Manas Petroleum Corporation (Manas Petroleum) is a development-stage company engaged in the business of exploring for oil and gas, primarily in Central Asia and the Balkans. The Company is focused on the exploration of light oil prospects. The Company carries out operations both directly and through participation in ventures with oil and gas companies to whom it has farmed out a project. The Company is involved in projects in the Kyrgyz Republic, Albania, Tajikistan, Mongolia and Chile.

Undiscovered Equities is currently offering a complimentary trial subscription. To view the full report on Manas Petroleum visit: www.undiscoveredequities.com Undiscovered Equities is a leading provider of equity research on high impact oil and gas exploration projects. Our services include, research analysis on the energy and precious metals markets, news and financial data, market commentary and the Undiscovered Equities newsletter. Undiscovered Equities' staff of small cap investment professionals are dedicated to providing the investment community with the tools and avenues necessary to capitalize on the energy boom, invest their money wisely and build wealth. To view our newsletter on a complimentary trial basis and take advantage of our other services go to www.undiscoveredequities.com and join our email list on our home page.

Disclosure: Undiscovered Equities is not a registered investment adviser and nothing in this release should be construed as a recommendation to buy or sell securities. Undiscovered Equities has been compensated by the above mentioned company for I/R services.

CONTACT:email: info@undiscoveredequities.com www: www.undiscoveredequities.comphone: 1 (800) 404-8982
For questions and additional information, please call me toll-free at 1-800-404-8982, or visit our website at www.undiscoveredequities.com

Wednesday, August 12, 2009

Manas Petroleum (OTCBB: MNAP) Drilling of second exploration well underway in Kyrgyzstan

Manas Petroleum (OTCBB: MNAP) Drilling of second exploration well underway in Kyrgyzstan
Manas Petroleum Corp. (MNAP.OB)Baar, Switzerland, August 12, 2009.

Manas Petroleum is pleased to report that the drilling of the second exploration well at the Huday Nazar SPC-1 (Soh license) prospect by the Kyrgyz joint venture, SPC (South Petroleum Company) is underway. Huday Nazar SPC-1 is to test tertiary-aged (Palaeogene) clastics and carbonate reservoirs between 1680 and 1835m below ground level. Projected total depth of this well is 2400m below ground level and it is expected to take 30 to 40 days to drill. Should drilling be sufficiently encouraging, testing and completion of the wells would be made following the drilling. The offset analogue field to the Huday Nazar SPC-1 prospect is the North Soh oil and gas field (13 MMBO & 140 BCF) which is approximately 20 km to the West. The P50 mapped closure on the Huday Nazar SPC-1 prospect is 5.0 square km while the net thickness of the targeted reservoirs (using the productive limestone and sandstone strata from analogue fields) is estimated to be 20 meters with 14% porosity in the P50 scenario.

The Huday Nazar SPC-1 prospect was generated as a result of the processing of seismic shot in a recent 2D seismic program by SPC. Analogue fields for the Huday Nazar SPC-1 propsect are the North Rishtan (1 MMBO) and North Soh (13 MMBO, 140 BCF). The Huday Nazar SPC-1 operation replaces the previously planned drilling of the smaller and shallower East Chongora prospect which is also in the Soh License area. Acquisition of a total of 800 km of 2d seismic within the SPC licenses was completed as of late May 2009 and seismic processing is on-going. Preparations are underway for the 2010 deep drilling program which is expected to commence early 2010.

Manas Petroleum Corporation (Manas Petroleum) is a development-stage company engaged in the business of exploring for oil and gas, primarily in Central Asia and the Balkans. The Company is focused on the exploration of light oil prospects. The Company carries out operations both directly and through participation in ventures with oil and gas companies to whom it has farmed out a project. The Company is involved in projects in the Kyrgyz Republic, Albania, Tajikistan, Mongolia and Chile.

Undiscovered Equities is currently offering a complimentary trial subscription. To view the full report on Manas Petroleum visit: www.undiscoveredequities.com Undiscovered Equities is a leading provider of equity research on high impact oil and gas exploration projects. Our services include, research analysis on the energy and precious metals markets, news and financial data, market commentary and the Undiscovered Equities newsletter. Undiscovered Equities' staff of small cap investment professionals are dedicated to providing the investment community with the tools and avenues necessary to capitalize on the energy boom, invest their money wisely and build wealth. To view our newsletter on a complimentary trial basis and take advantage of our other services go to www.undiscoveredequities.com and join our email list on our home page.
Disclosure: Undiscovered Equities is not a registered investment adviser and nothing in this release should be construed as a recommendation to buy or sell securities. Undiscovered Equities has been compensated by the above mentioned company for I/R services.

CONTACT:email: info@undiscoveredequities.com www: www.undiscoveredequities.com
phone: 1 (800) 404-8982
For questions and additional information, please call me toll-free at 1-800-404-8982, or visit our website at www.undiscoveredequities.com

Kevin McKnight1-800-404-8982Undiscovered Equities, Inc.1515 S Federal Hwy, Ste 207Boca Raton, FL 33432www.undiscoveredequities.com

Monday, August 10, 2009

North West Tajik license area granted to Manas Petroleum (OTCBB: MNAP)

North West Tajik license area granted to ManasMANAS Petroleum Corp. (MNAP.OB)Baar, Switzerland, August 10, 2009.

Manas Petroleum Corporation announces that its 90% owned subsidiary, Somon Oil was granted the Tajik “North-West” petroleum license which covers 2492 km2 (615 784 acre) of exploration area. The license entitles for 7 years of exploration. In case of discovery Somon Oil has an exclusive right on the discovered field.

The license area is located in the north part of the Sugd region, and is bordering with Uzbekistan and the Uzbek pipeline network. In the south-west the license area is adjacent with Somon Oils western license areas Novobod and Obchai-Kalacha. All producing fields of North Tajikistan are located less than 20 KM south. Existing exploration data within the North-West license area contain 6 wells and 1100 km of 2-D seismic which was acquired during Soviet exploration campaigns between 1964 and 1992.

Somon Oil targets large four-way closure prospects in the North-West license area at a depth of 3,5-4,5 km. The under thrust four way closure prospects in the North part are in the same geological setting as the giant Minbulag field which is located across the border in Uzbekistan. The Minbulag field is the largest oil field within Fergana basin. The stratigraphy, lithology, reservoirs and seal of the North-West area are identical to other parts of Fergana basin. Oil shows in uranium exploration wells (1950s) which penetrate reservoir beds in the upper thrust sheet proves oil generation and migration in the area.

The 7 years work program contains 400 KM of 2-D seismic, 100 KM2 of 3-D seismic and 2 deep wells.

Financing for the exploration up to discovery is secured by the existing option farmout to Santos.
Manas Petroleum Corporation (Manas Petroleum) is a development-stage company engaged in the business of exploring for oil and gas, primarily in Central Asia and the Balkans. The Company is focused on the exploration of light oil prospects. The Company carries out operations both directly and through participation in ventures with oil and gas companies to whom it has farmed out a project. The Company is involved in projects in the Kyrgyz Republic, Albania, Tajikistan, Mongolia and Chile.

Undiscovered Equities is currently offering a complimentary trial subscription. To view the full report on Manas Petroleum visit: www.undiscoveredequities.com Undiscovered Equities is a leading provider of equity research on high impact oil and gas exploration projects. Our services include, research analysis on the energy and precious metals markets, news and financial data, market commentary and the Undiscovered Equities newsletter. Undiscovered Equities' staff of small cap investment professionals are dedicated to providing the investment community with the tools and avenues necessary to capitalize on the energy boom, invest their money wisely and build wealth. To view our newsletter on a complimentary trial basis and take advantage of our other services go to www.undiscoveredequities.com and join our email list on our home page.

Disclosure: Undiscovered Equities is not a registered investment adviser and nothing in this release should be construed as a recommendation to buy or sell securities. Undiscovered Equities has been compensated by the above mentioned company for I/R services.

CONTACT:email: info@undiscoveredequities.com
www: www.undiscoveredequities.com
phone: 1 (800) 404-8982

For questions and additional information, please call me toll-free at 1-800-404-8982, or visit our website at www.undiscoveredequities.com