MNP Petroleum Corp. (MNAP)

[AMOTE1]

BAAR, SWITZERLAND, February 5, 2015

MNP Petroleum Corp. (“MNP”) (TSX-V: MNP; OTCQB: MNAP) is pleased to announce that CJSC Somon Oil, a 90% subsidiary of DWM Petroleum AG, has obtained a three-year extension of the term of its Western Oil Exploration License (Zapadnyi). Under the provisions of the Production Sharing Agreement, Subsoil Law and Licensing Law, the License has been extended until July 25, 2017. The Northwestern License (Severo-Zapadnyi) expires on July 28, 2016.

Dr. Werner Ladwein, President and CEO, said “we are delighted to receive the three year extension and this will enable us to start implementing our strategy for the Fergana Basin in Tajikistan. The focus in exploration is currently on drilling of the Kayrakkum B well. We have entered into negotiations with potential rig providers and we will order the outstanding LLIs (Long Lead Items). Current Rig availability and the LLI schedule should allow for a spud date beginning of the third quarter 2015.”