BAAR, SWITZERLAND, June 21st, 2010.
Manas Petroleum Corp. ("Manas") (OTCBB: MNAP) is pleased to report that the closed Joint Stock Company JSC South Petroleum Company, in which Manas holds a 25% participating interest, continues on-going drill planning exercises despite recent public turmoil.
JSC South Petroleum Company continues to conduct drilling preparations within the Nanai license and on-going in-country monitoring of the security situation in the field of operations.
In Kyrgyzstan Manas has signed a US $56 million farm-out agreement with Santos a large independent Australian oil and gas producer. The development of the company's neighboring Tajikistan license is now covered by an option farm out agreement also with Santos.
Manas is currently maturing its enormous resource potential by acquiring seismic and drilling.
About Manas Petroleum:
Manas Petroleum is an international oil and gas company, focusing on activities in South-Eastern Europe and Central Asia. Details of these projects are located on the Company's website: www.manaspete.com
Undiscovered Equities is currently offering a trial subscription. For more information please call 1-800-404-8982 or visit our website at www.undiscoveredequities.com
Sincerely,
Kevin McKnight
101 Plaza Real South, Suite 212
Boca Raton, FL 33432
1-800-404-8982
www.undiscoveredequities.com
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