1 million project

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MNAP News


--== Soros Investment !?! ==--

Manas signed an extended farmout term sheet for 6
Blocks in Albania
MANAS Petroleum Corp. (MNAP.OB)

Baar, Switzerland, July 21, 2009.

Manas Petroleum Corporation today announces that its wholly owned subsidiary, DWM
Petroleum AG signed an extended farmout term sheet covering Blocks A, B, D, E, 2 and 3 in
Albania to a Finance group of international Oil and Gas investors. Both parties have agreed to
keep the terms confidential until the signing of a shareholders’ agreement.

Erik Herlyn, Chief Executive Officer of Manas Petroleum Corp.: "With this farmout Manas
could both lift the large exploration potential of blocks A, B, D and E and additionally drill a
well to appraise the Sphiragu discovery in blocks 2 and 3.” This farmout is consistent with
Manas` core strategy of acquiring major oil and gas licenses for prospective under-thrust
structures and then limiting the financial burdens and risks associated with the exploration
and development.
Manas has been awarded Blocks A, B, D and E on December 26, 2007 and has explored the
blocks since. Portions of Blocks A, B, D and E are now drill-ready. Blocks 2 and 3 were
previously explored by Occidental Petroleum including a 5000 meter deep discovery well in
2001. The council of ministers ratified the Production Sharing Contract for Blocks 2 and 3 to
DWM Petroleum on July 8th 2009. Following the award of Blocks 2 and 3, data regarding
occidentals discovery were made available and the Company is currently preparing a 51-101
compliant estimate of the discovery. The farmout is subject to the execution of a final
agreement with the farm-out partner.

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Contact:
Bahnhofstr. 9, P.O. Box 155
CH-6341 Baar
Switzerland
Phone: [phone]
Fax: [phone]
Email: [e-mail]
Web: www.manaspete.com