24 April 2008 Tirana _ DWM, a Manas Petroleum subsidiary, announced a new exploration project on Monday to refine nine identified prospects of oil and gas reserves in Albania.
In January, the company announced the find of a vast oil and gas reserve in the north of the country.
The find was based on an independent report compiled by Gustavson Associates LLC on behalf of Manas Petroleum Corporation, which has been awarded a contract by the Albanian government to explore the north for oil and gas reserves.
According to their findings, the unproven reserve holds up to 2.987 billion barrels of oil and 3.014 trillion cubic feet of natural gas.
If the oil is capped with a layer of gas, Gustavson calculates the field may total 1.4 billion barrels of light oil and 15 trillion cubic feet of natural gas.
If only gas is present, the reserve is expected to contain 28 trillion cubic feet of natural gas.
Of the approximately 345 million barrels of oil reserves in the Balkans, 198 million barrels are located in Albania .
Proven natural gas reserves in the Balkans region add up to approximately 2.7 trillion cubic feet.
The company sees Albania as a key asset and presently intends to retain a 100% interest in the project while also evaluating further onshore opportunities in the country.
Under the licence awarded to Manas Petroleum Corporation, the company is allowed to explore oil and gas reserves in an area approximately 780,000 acres in size, located along a geological fold in north-western Albania.
'The probability of success for a wildcat well in a structurally complex area such as this, is relatively high due to the fact that there exists a proven hydrocarbon source and analogous production exists only 20 to 30 km away,' notes Gustavson in the report.
Manas is currently still analysing the findings and will make further announcements on its next steps in the coming weeks.
The corporation is an important player in the development of Albania's terrestrial oil and gas reserves.
In December 2007, Albania's Council of Ministers agreed to allow DWM Petroleum AG, a subsidiary of Manas, to assist in the exploration, development and production of Albania's land-based hydrocarbon reserves in conjunction with the government's Agency of Natural Resources.
E Verteta4_U: US state department : " INVADE ALBANIA NOW ! " OIL
e enjte, prill 24, 2008
New Search for Oil in Albania
e mërkurë, prill 23, 2008
Alaska Independence Movement - Pravda.Ru
What is good for Kosovo is good for Alaska? (Or Hawaii?) (MR)
Will the CIA Kill or Oust Ecuador’s President?
So, why does the U.S. military have a $60 million military base in Ecuador? The base is part of the U.S. government's much-vaunted 30-year-old war on drugs, one of the U.S. Empire's never-ending wars around the world. The base houses Awacs surveillance planes whose purported mission is to search for international drug smugglers.
Notice that anytime the US declares "war" on anything, as a matter of public policy, whatever has been identified as the object of that :"war" appears to get worse, not better?
The good news for Americans in all this is that the Ecuadorian people are doing their best to rid their country of the CIA and the U.S. military. Maybe the Ecuadorans will start a trend in which all other countries will do the same. While it would obviously be best if the American people were to dismantle their government’s overseas empire themselves, having foreigners do it instead by throwing the CIA and the Pentagon out of their countries would be just as effective and beneficial — to both the United States and the people of the world.
E Verteta4_U: Kosovars better act quick and do the same.
FOX Lies!! Irresponsible Media! Barack Obama Pastor Wright
e martë, prill 22, 2008
Bosnia war crimes trio convicted
Bosnia's war crimes court has convicted three Bosnian Serbs of killing unarmed Muslim civilians, including women and children, in September 1992.
e hënë, prill 21, 2008
Blood suckers!
It seems to me that everyone in Albania is a medical expert.
They all seem to know what different medicines treat their particular ailments. They all know the best doctor for YOUR problem, but no-one seems to have any faith in the doctors for their OWN problems!
Sali Berisha - BBC Hard Talk
He was questioned on NATO, corruption, Gerdec, pyramid schemes, his relation as doctor to Enver Hoxha and the 2009 elections.
BORN TO DEMOLISH
It was another of those routine tragedies that are never publicized. At eight in the morning we at ICAHD (the Israeli Committee Against House Demolitions) received a call that the Border Police, Israeli police and Jerusalem Municipality bulldozers were massing below the Palestinian village of Anata, poised to begin another day of home demolitions.
