Manas Petroleum ("Manas") (TSX-V: MNP; OTCBB: MNAP) announces that its subsidiary, Gobi Energy Partners LLC., plans to spud its second well in Mongolia on September 20, 2012.
Although Gobi Energy had originally planned to drill its first well - Ger Chuluu A1 - to a depth of 1,200 meters, it stopped drilling at a depth of 1098 meters without having encountered any seal. Well costs should amount to approximately USD 1.1 million. Gobi Energy had also planned to drill its second well - East Sainshand A1 - in another sub-basin of the East Gobi Cretaceous basin, which is located
Although Gobi Energy had originally planned to drill its first well - Ger Chuluu A1 - to a depth of 1,200 meters, it stopped drilling at a depth of 1098 meters without having encountered any seal. Well costs should amount to approximately USD 1.1 million. Gobi Energy had also planned to drill its second well - East Sainshand A1 - in another sub-basin of the East Gobi Cretaceous basin, which is located
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