RE: Sinopec deep hole drilling1 Sep 2018 12:18
D1nger,
I been having same thoughts. They must have found something pretty decent at Snow Leopard, otherwise they would have moved Rig on to Wild Horse. Going by Sinopec drill time estimates, they should be in the main deeper zone now. As per US EIA report on Mongolia, more mature oil is found in source rocks at depth from 7000 - 8000 feet onwards. In terms of metres and drill time estimates, we should be in the zone now.
Also, Snow Leopard being the deepest drill of the lot will be testing the deeper layer also around 10,000 feet. (3050 metres). This could be that "secondary" Petroleum system that they think exists in Mongolia. There was a reason why BG farmed In and had Snow Leopard as one of their drill location at the time.
Time will tell.