Awaiting news the Mongolian Gov has approved 2017 drilling schedule.
The Mongoluan Goverment have compelling reasons to expedite that approval. See Mongolian Newspaper article
http://theubpost.mn/2017/02/14/fuel...rtance-of-becoming-less-dependent-on-imports/
"It is reported that Mongolia imports 94 percent of its petroleum from Russia. In 2016, out of 1.2 million tons of petroleum imported from Russia, state-owned Rosneft supplied 800,000 tons. This leaves Mongolia at the mercy of the international market and, more specifically, at the mercy of the Russian government."
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