MNAP.OB is the next giant oil sector growth story!!!!!!

penny-trader0214 said: "My friend told me about this stock and I just want to share with you guys. He said Manas Petroleum Corp. (MNAP.OB) is going to be a spectacular investment because of: 1 Switzerland-based Manas Petroleum’s strategy is unique: as it continues to locate giant under thrust oil prospects which are near shallow oil fields in under-explored regions in the Former Soviet Union and Eastern Europe. 2 Manas acreage already has approximately a P50 (most likely case) of more than 2 billion barrels of oil recoverable and growing. Its market cap of $440 million translates to a very low $0.22 per barrel - a valuation that once it becomes more known is unlikely to last. 3 A nearly completed, 53101 compliant, independent reservoir engineering study is expected to increase the P50 reserves dramatically. One of several expected major catalysts for higher share prices. 4 Manas projects are spread around two regions Eastern Europe and Central Asia and in four countries, three which are adjacent to the world’s fastest growing oil consumer - China. The fourth looks set to become a major supply for Europe and help solve its energy security crisis. 5 Manas is among Central Asia’s largest (non state owned) land holders with over 5 million acres. We expect this amount to also increase dramatically in the coming months. 6 All Manas holdings are near or contain producing oil fields and have giant prospects with very high probabilities of success. For example in two of its Central Asian projects all reservoir structures drilled have resulted in (35 API oil) field discoveries (54 in total) a 100% success rate. 30 reservoir structures have been identified so far by Manas, and drilling is expected to begin early next year. The US Department of Energy estimates a further 3 Billion barrels remains to be produced from this area. 7 Manas already has one major (Santos) spending US $54 million to earn 70% of its Kyrgyz exploration and production blocks – Manas is carried until commercial oil production begins. 8 More joint ventures similar to the Manas/Santos JV are considered to be imminent regarding its Tajik and Mongolian holdings - another share price upside catalyst. This makes these typically ExxonMobil-sized projects realistic for Manas is that the huge costs of developing these plays are expected to be paid by Manas Petroleum’s partners – thus providing many millions of dollars in non-dilutive funding while freeing Manas to use its Central Asian experts to go out and find and acquire other giant exploration and development assets. 9 Manas has considerable intellectual capital - over 60 employees - mostly from Central Asia and Eastern Europe. They are experts in disciplines such as reservoir engineering, structural geology and seismology. They know what they are doing and just about everything to be known about these regions as most have spent much of their entire lives in Central Asia and Eastern Europe. 10 In Mongolia, Manas has just begun another major exploration project. It covers 4.4 million acres and has near its Northern border two oil fields operated by a subsidiary of Sinopec. This Manas acreage has oil flowing to the surface and Soviet 2D seismic has already outlined several giant prospects. The Sulige, one of China’s largest fields with over 20 trillion cubic feet of gas and 3 billion barrels of oil is to the south. Its geology, including critical elements such as source rocks and reservoir rocks, are the same as found at the Manas Mongolia acreage. The company is currently attributing no P50 reserves to the project something that is very likely to change in a dramatic way. There is a lot more news expected and more information regarding this multi-billion barrel story, as he expect additional giant oil acquisitions, the imminent completion of its latest independent engineering reserve study, and later, the onset of drilling. All should act as upwards catalysts to Manas Petroleum’s share price. Manas is truly an “undiscovered equity” as it has “yet to be discovered” by the average investor. Manas is currently traded on the OTC Bulletin board (Manas Petroleum symbol: MNAP) but is expected to list on a senior exchange in the coming months - but by then it may be too late. Its shares may have already moved a multiple of its current $4.00 Do your dd, trading stocks is very risky."

Pb3190 said: "Not too much volume there on average... Does anyone know what it takes to move out of the penny stock arena? This stock is trading above $4.00 and by my math, that is a lot of pennies!"

Rbreb13 said: "[QUOTE=Pb3190]Not too much volume there on average... Does anyone know what it takes to move out of the penny stock arena? This stock is trading above $4.00 and by my math, that is a lot of pennies![/QUOTE]There are penny stocks that trade for $1000's/share. One of the main reasons alot of companies stay on the bulletin boards or pinks is the lesser restrictions by the SEC on how/what they report. In fact Pinks don't have to file anything if they don't want to."

AlfredSokol said: "[QUOTE=Rbreb13]There are penny stocks that trade for $1000's/share. One of the main reasons alot of companies stay on the bulletin boards or pinks is the lesser restrictions by the SEC on how/what they report. In fact Pinks don't have to file anything if they don't want to.[/QUOTE] And if they do file something, they will file press releases to let you know they did."

LongArm said: "[QUOTE=Pb3190]Does anyone know what it takes to move out of the penny stock arena? This stock is trading above $4.00 and by my math, that is a lot of pennies![/QUOTE] Penny stocks are generally considered those trading under $5/share (although definitions can vary)."

AlfredSokol said: "The SEC definition is under $5 so I'm sticking with that one."

Pb3190 said: "Our new friend seems to like penny oil stocks. There are a few of these posts on the forum now..."