SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* LIBRA ADVISORS LLC (Last) (First) (Middle) 777 THIRD AVENUE 27TH FLOOR (Street) NEW YORK NY 10017 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol MANAS PETROLEUM Corp [ MNV.V ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 02/10/2012
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/10/2012		S		38,500	D	$0.3	13,961,500	D(1)
Common Stock	02/10/2012		S		38,500	D	$0.3	13,961,500	I	See footnote(2)
Common Stock	02/16/2012		S		24,000	D	$0.3	13,937,500	D(1)
Common Stock	02/16/2012		S		24,000	D	$0.3	13,937,500	I	See footnote(2)
Common Stock	02/24/2012		S		208,000	D	$0.271	13,729,500	D(1)
Common Stock	02/24/2012		S		208,000	D	$0.271	13,729,500	I	See footnote(2)
Common Stock	02/29/2012		S		73,000	D	$0.275	13,656,500	D(1)
Common Stock	02/29/2012		S		73,000	D	$0.275	13,656,500	I	See footnote(2)
Common Stock	03/08/2012		S		59,000	D	$0.275	13,597,500	D(1)
Common Stock	03/08/2012		S		59,000	D	$0.275	13,597,500	I	See footnote(2)
Common Stock	03/23/2012		S		160,000	D	$0.203	13,437,500	D(1)
Common Stock	03/23/2012		S		160,000	D	$0.203	13,437,500	I	See footnote(2)
Common Stock	03/27/2012		S		108,500	D	$0.21	13,329,000	D(1)
Common Stock	03/27/2012		S		108,500	D	$0.21	13,329,000	I	See footnote(2)
Common Stock	03/30/2012		S		25,000	D	$0.21	13,304,000	D(1)
Common Stock	03/30/2012		S		25,000	D	$0.21	13,304,000	I	See footnote(2)
Common Stock	04/05/2012		S		105,500	D	$0.21	13,198,500	D(1)
Common Stock	04/05/2012		S		105,500	D	$0.21	13,198,500	I	See footnote(2)
Common Stock	04/13/2012		S		25,000	D	$0.2	13,173,500	D(1)
Common Stock	04/13/2012		S		25,000	D	$0.2	13,173,500	I	See footnote(2)
Common Stock	04/25/2012		S		185,500	D	$0.193	12,988,000	D(1)
Common Stock	04/25/2012		S		185,500	D	$0.193	12,988,000	I	See footnote(2)
Common Stock	04/26/2012		S		115,500	D	$0.201	12,872,500	D(1)
Common Stock	04/26/2012		S		115,500	D	$0.201	12,872,500	I	See footnote(2)
Common Stock	04/30/2012		S		89,000	D	$0.203	12,783,500	D(1)
Common Stock	04/30/2012		S		89,000	D	$0.203	12,783,500	I	See footnote(2)
Common Stock	05/02/2012		S		51,000	D	$0.21	12,732,500	D(1)
Common Stock	05/02/2012		S		51,000	D	$0.21	12,732,500	I	See footnote(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* LIBRA ADVISORS LLC (Last) (First) (Middle) 777 THIRD AVENUE 27TH FLOOR (Street) NEW YORK NY 10017 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* LIBRA FUND II (LUXEMBOURG) S.A.R.L. (Last) (First) (Middle) 5, RUE GUILLAUME KROLL (Street) LUXEMBOURG N4 L-1882 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Libra Fund (Luxembourg) S.a r.l. (Last) (First) (Middle) 5, RUE GUILLAUME KROLL (Street) LUXEMBOURG N4 L-1882 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* TANDON RANJAN (Last) (First) (Middle) 777 THIRD AVENUE 27TH FLOOR (Street) NEW YORK NY 10017 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. These securities are directly owned by Libra Fund II (Luxembourg) S.a r.l..

2. These securities are directly owned by Libra Fund II (Luxembourg) S.a r.l.. These securities may be deemed to be beneficially owned by (a) Libra Fund (Luxembourg) S.a r.l., by virtue of its role as the beneficial owner of Libra Fund II (Luxembourg) S.a r.l., (b) Libra Fund, L.P., by virtue of its role as a beneficial owner of Libra Fund (Luxembourg) S.a.r.l., (c) Libra Advisors, LLC, by virtue of its role as the investment manager of Libra Fund II (Luxembourg) S.a r.l., Libra Fund (Luxembourg) S.a r.l. and Libra Fund, L.P., (d) Libra Associates, LLC, by virtue of its role as the general partner of Libra Fund, L.P. and (e) Ranjan Tandon as the managing member of Libra Advisors, LLC and Libra Associates LLC.

Remarks:

(+)The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

	Libra Advisors, LLC(+), By: /s/ Ranjan Tandon, Managing Member	05/17/2012
	Libra Fund II (Luxembourg) S.a.r.l.(+), By: /s/ Ranjan Tandon, Managing Member	05/17/2012
	Libra Fund (Luxembourg) S.a.r.l.(+), By: /s/ Ranjan Tandon, Managing Member	05/17/2012
	/s/ Ranjan Tandon(+)	05/17/2012
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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