Mongolia: Four subbasins remain for Manas to explore

Four subbasins remain to be evaluated after the Gobi Energy Partners LLC subsidiary of Manas Petroleum Corp. plugged and abandoned the Ger Chuluu-D1 well in the Ger Chuluu subbasin at 600 m without finding hydrocarbon shows.

Ger Chuluu-D1, the second well drilled in the Ger Chuluu subbasin, was drilled in an effort to achieve a final conclusive answer about subbasin’s potential.

Gobi Energy plans to drill its next well on the East Sainshand A prospect, but because the seasonal window closes at the end of October will postpone that well to the next seasonal drilling window.

Gobi Energy had originally focused on six subbasins. The southeastern part of the acreage, which is currently under evaluation, has not yet been considered.

A detailed evaluation review of all prospects based on the lessons learned in the Ger Chuluu subbasin is ongoing and might influence the drilling strategy.