Manas Petroleum
Description
Manas Petroleum is a Baar, Switzerland headquartered international oil exploration and development company. It was founded as a private company in 2004 and during its first two years spent approximately $7 million acquiring and advancing its Kyrgyz, Tajik and Albanian projects. Its portfolio now totals more than 5 million acres in 5 countries. Manas Petroleum's principal strategy is to acquire and farm-out key land positions in major oil basins which have large seismically defined prospects near significant oil or gas production. At the core of this strategy is that Manas farm-out partners pay all costs until commercial production allowing Manas to retain substantial carried interests.
The Company's objective is to maximize potential growth while significantly reducing financial costs and risk. A further goal is project diversity, as it should ensure the company's rapid transition to a more advanced stage of its planned evolution: the co-development of major hydrocarbon assets.
Email info@manaspete.com