Manas Petroleum ("Manas") (TSX-V: MNP; OTCBB: MNAP) is pleased to announce that on August 23, 2012 its subsidiary Gobi Energy Partners LLC., spud its first well in Mongolia.
Gobi Energy plans to drill this first well Ger Chuluu A1 to a depth of 1200 meters and into Jurassic/Paleozoic formation. Target horizons in Ger Chuluu A1 are Lower Zuunbayan and Tsagaantsav formations; both are Lower Cretaceous.
Gobi Energy anticipates that Ger Chuluu A1 should cost approximately USD 1.8 million , with the well reaching target depth and being logged mid-September 2012. In the event of a discovery, Gobi Energy plans to
Gobi Energy plans to drill this first well Ger Chuluu A1 to a depth of 1200 meters and into Jurassic/Paleozoic formation. Target horizons in Ger Chuluu A1 are Lower Zuunbayan and Tsagaantsav formations; both are Lower Cretaceous.
Gobi Energy anticipates that Ger Chuluu A1 should cost approximately USD 1.8 million , with the well reaching target depth and being logged mid-September 2012. In the event of a discovery, Gobi Energy plans to
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