Agoracom: Small Cap Investment - Manas Petroleum Corp - Re: NR sold Albania PSA to WWI/Petromanas Energy $$/shares

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NR sold Albania PSA to WWI/Petromanas Energy $$/shares

duncanmcl

Feb 24, 2010 11:14AM

duncanmcl

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Re: NR sold Albania PSA to WWI/Petromanas Energy $$/shares

in response to

NR sold Albania PSA to WWI/Petromanas Energy $$/shares

duncanmcl

posted on Feb 24, 2010 07:53PM

so Manas Adriatic GmbH ("Subsidiary) no longer has any authorized shares...right...and except on paper no longer exists...right...and its loan $8.5 to DWM is repaid. then WWI pay 100m shares to DWN, pays an additional 100m on 1st well, pays 25m when 51-101 2P = 50m boe reserves, and later when each additional 50m reserves 25m shares....no mention of work requirements....Manas becomes a 50% shareholder in PetroManas including directors....

does WWI have the resources to take this to production?

Manas Petromanas Energy vs Manas Petroleum !!!???

Clint008

Mar 28, 2010 12:06AM

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