SB Block (100%) 23,000 sq. km (5,700,000 acres)
Over 2.2 billion barrels of oil estimated with a near term farm out potential and drilling programmes planned.
|One of the first government identified blocks and potentially the petroleum source kitchen for eastern Mongolia.
Ground geophysical programmes has identified one of the largest sub basins with an area of over 3,500 sq. km. ( Toson Tolgoi primary focused basin)
450km of 2D seismic data acquired. Interpretation has revealed large structural
and stratigraphic traps.
Geochemical results has identified high quality light oil microseeps within seismic shot hole samples.
Prospective resource assessment on eight leads have been independently estimated by MHA Petroleum Consultants LLC of the USA and confirmed the substantial oil potential on Wolf’s 100% owned SB block.
Near term farm out and drilling potential.
Data room is open and discussions are under process.