Manas Petroleum Corporation Closes Acquisition of DWM Petroleum AG



    ZURICH, Switzerland, April 12 /CNW/ -- Manas Petroleum Corporation
(Trading Symbol: MNAP) closes acquisition of DWM Petroleum AG.
    Manas Petroleum Corporation is pleased to announce the share exchange as
agreed in a letter of intent dated November 24th, 2006 between Manas Petroleum
Corporation, a Nevada Corporation (formerly known as Express Systems
Corporation) and DWM Petroleum AG, a Swiss corporation, has closed as of April
10th, 2007.  Simultaneously with the closing of the reverse transaction, and
as a condition of its completion on April 10th, 2007, the Company completed a
private placement of 10,330,152 units at $1.00 per unit. Each "Unit" consists
of 1 share of Company common stock, 50% warrant coverage for Series A warrants
which are exercisable for one share of common stock at $2 per share for 2
years, and 50% warrant coverage for Series B warrants which are exercisable
for one share of common stock at $4 per share for 3 years.
    For further information regarding this share exchange agreement please
see our filings with the United States Securities Exchange Commission.
    Also, as previously agreed in the letter of intent, the former Manas
Petroleum board of directors have resigned.  Messrs. Heinz Scholz, Alexander
Becker, Peter-Mark Vogel and Michael Velletta have been appointed as directors
effective April 20, 2007, and (ii) the following individuals were appointed as
officers of Manas:  Heinz J. Scholz, Chairman of the Board; Alexander Becker,
Chief Executive Officer; and Peter-Mark Vogel, Chief Financial Officer and
Secretary, each of whom was an existing officer of DWM, effective as of the
closing of the Share Exchange.

    
    About Manas Petroleum
    
    Manas Petroleum is an international oil and gas exploration and
development company whose primary focus is under-thrust light oil prospects in
Eastern Europe and Central Asia. It has a US $54 million farm-out agreement
covering over three thousand square kilometers in the Kyrgyz Republic's
Fergana oil basin where the United States Geological Survey estimates a
produceable 3 billion barrels of oil remains. The approximately US $10 million
that was raised is to fund its three thousand square kilometer under-thrust
light oil prospect in Albania which, according to calculations by Shell and
Corporex, has the potential to contain 820 million barrels (recoverable) of
oil.  Recent deep oil discoveries in Albania demonstrate these deeper sections
can contain 30-35 API low sulfur oil. The primary exploration targets are sub-
thrust fractured carbonate reservoirs similar to those discovered in the 1990s
in the Appenines of Italy.  The Company is also actively pursuing other large
oil and gas prospects in Central Asia, Russia and Eastern Europe.

    
    Safe Harbour notice
    
    This Press Release may contain certain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995.  The
Company has tried, whenever possible, to identify these forward-looking
statements using words such as "anticipates," "believes," "estimates,"
"expects," "plans," "intends," "potential" and similar expressions.  These
statements reflect the Company's current beliefs and are based upon
information currently available to it.  Accordingly, such forward looking
statements involve known and unknown risks, uncertainties and other factors
which could cause the Company's actual results, performance or achievements to
differ materially from those expressed in or implied by such statements.  The
Company undertakes no obligation to update or advise in the event of any
change, addition or alteration to the information catered in this Press
Release including such forward looking statements.
    For further information please see our website under www.manaspete.com

    
    Corporate Headquarters                   Investment Information
    Manas Petroleum Corporation              Peter-Mark Vogel
    Bahnhofstrasse 9                         Bahnhofstrasse 9
    6341 Baar, Switzerland                   6341 Baar, Switzerland
    Telephone: +41 (44) 718 10 30            Telephone: +41 (44) 718 10 30
                                             Email:info@manaspete.com

    




For further information:

For further information: Peter-Mark Vogel of Manas Petroleum Corporation
 Corporate Headquarters, +41-44-718-10-30, or info@manaspete.com, or Manas 
Petroleum Corporation Corporate Headquarters, +41-44-718-10-30 Web Site:
http://www.manaspete.com/

Organization Profile

MANAS PETROLEUM CORPORATION

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