Farm-out agreement signed for Tranquilo Block, Chile
Baar (ots) - Manas Petroleum Corporation (MNAP.OB) today announces that its wholly owned subsidiary, Manas Energia Chile Limitada farmed-out interest in the Tranquilo block in the Magallanes Basin, Chile to a local group exploring and producing in the basin. Erik Herlyn, Chief Operating Officer of Manas Petroleum Corp.: "This farm-out is consistent with our core strategy of acquiring major oil and gas licenses for ...