Ivanhoe Energy to conduct testing of second Mongolia well in early 2012: ""We look forward to testing the well and to beginning the next phase of exploration in Mongolia, including further seismic and drilling," said Mr. Dyck.
"Mongolia is in the early days of oil exploration. Since it does not have the oil field operations infrastructure to enable continued operation through the harsh winter months, we will take time during the winter to correlate data and determine the best way to proceed."
Sunwing Energy Ltd. is party to a Production-Sharing Contract with the Mongolian Government for Block XVI, a 12,679-square-kilometre area that encompasses the Nyalga Basin and is adjacent to the north-south Trans-Mongolian Railway.
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'via Blog this'
"Mongolia is in the early days of oil exploration. Since it does not have the oil field operations infrastructure to enable continued operation through the harsh winter months, we will take time during the winter to correlate data and determine the best way to proceed."
Sunwing Energy Ltd. is party to a Production-Sharing Contract with the Mongolian Government for Block XVI, a 12,679-square-kilometre area that encompasses the Nyalga Basin and is adjacent to the north-south Trans-Mongolian Railway.
"
'via Blog this'
