WOLF PETROLEUM (WOF) OIL - MONGOLIA SP $0.044 Shares 136,900,076 $6m Mcap Short term drivers has the largest exploration acreage in one of the worlds newest oil frontier Mongolia.Under explored and rapidly growing,with a proven and producing oil system. Wolf has more than 18 million acres of petroleum exploration acreage. Petroleum blocks are located proximal to multi-billion barrel oil fields in Mongolia operated by Petrochina.
Management team is class took Hunnu Coal from its IPO @ 20c to 18 months later a takeover at $1.80.THATS A 800% GAIN.
Completion of 450km 2D Seismic Acquisition a couple of weeks away with results expected late september. Indications of oil have been identified on the surface and from shot holes.
The company has already shipped its first batch of samples to the USA and geochemical results are due from NEXT WEEK onwards With the director buying $30,000 worth of shares lately i think someone knows something.. Will be pumped soon imo.
