Manas Petroleum Corporation says that the seismic acquisition on blocks 13 & 14 has been completed without incident. The Chinese contractor DQE International Tamsag (Mongol) LLC acquired 300 km of 2D seismic, representing 100% of the total seismic program 2010 on blocks 13 & 14. Manas expects that the processing of the data will be completed by the end of December 2010.
Manas intends to use the additional 2D seismic data to improve its technical database and its chance of drilling a successful exploration well. After interpretation of the full dataset, Manas will decide whether it is ready to drill one or more exploration wells or that it needs to acquire 3D seismic to define the drilling prospects in better detail. Depending on this decision, Manas hopes to spud the first well in 2011.
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Manas Petroleum
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