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 Companys website: www.manaspete.com.
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Testimonials from “real” landowners around Ohio describing their positive experience with the drilling and production of wells in their community.
From the Ohio Oil and Gas Energy Education Program (OOGEEP)
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On June 17, API and 15 labor unions announced their partnership to create the Oil and Natural Gas Industry Labor-Management Committee, an organization established to preserve and create jobs by promoting domestic oil and natural gas production. The committee plans to launch a communications effort aimed at providing information about legislation that affects the exploration and processing of oil and natural gas.
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Find out which stocks will benefit from rising energy prices over the next 6-9 months.
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from the Ohio Oil and Gas Energy Education Program (OOGEEP).
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war plan for oil transition, Oil Expert Matt Simmons on oil production, oil reserves, the coming energy crisis, depletion, north sea oil, tar sands, natural gas, deceptive practices, the economy, Chavez, US oil policy.
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Around the 5:30 mark he says it:
“See, there’s 85 million barrels [of oil production] a day in the world, and that is–I believe is Peak Oil. You have capped at 85 million. You can’t get any more than that out of the system.”
“Will we go back to four dollars [per gallon of gas]? Of course you’ll go back to four dollars.”
Granted, T Boone Pickens is heavily invested in the natural gas industry, and so he has a reason to criticize the competing product–oil.
October 16, 2009 speech at the University of Maryland.
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Oil Expert Matt Simmons on oil production, oil reserves, the coming energy crisis, depletion, north sea oil, tar sands, natural gas, deceptive practices, the economy, Chavez, US oil policy.
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Oil Expert Matt Simmons on oil production, oil reserves, the coming energy crisis, depletion, north sea oil, tar sands, natural gas, deceptive practices, the economy, Chavez, US oil policy.
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Experts are split is the world really running out of oil and natural gas? The answer to this question may very well determine the future of humanity and civilization.
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