Hi there! :) Thank you all so much for your answers and inputs...

Hi there!

Thank you all so much for your answers and inputs which extended and confirmed my readings and findings so far!

And yes, I am from Germany, therefore my English might sound more or less odd from time to time (and I am posting most of the time in your early morning or late evening/ night).

I hope to be able to jump onto the train this week before it reaches the lower ten's (and I kick myself that I haven't took a closer look earlier into this stock).

However, while I was doing further research today (your night) I came across Petro Matad (http://www.petromatad.com), not sure if you heard about them. The interesting point is, that they have almost the same story to tell than Wolf:

- blocks in Eastern Mongolia near/ next to WOLF's blocks (as well as the two already producing blocks => take a look onto the map)
- two huge blocks in Western Mongolia next/ near to the Jingst block of WOLF.
- round about 60.000km²
- drill ready leads in Eastern and Western Mongolia
- looking for a farm-out partner (since month/ years)

I am not telling that to promote another stock, but due to the similarity and "nearology" to WOLF, I found scrolling and reading through their stuff pretty helpful to better understand oil exploration in Mongolia as well as WOLF PETROLEUM (you may check out their Director's discussion of 2013 http://www.petromatad.com/wp-content/uploads/2014/06/30062014Final-Results.pdf as well as their farm-out teaser http://www.petromatad.com/wp-content/uploads/2013/04/Teaser.pdf and their latest presentation http://www.petromatad.com/wp-content/uploads/2014/03/APPEX-2014-A-Barnwell-Mongolia-PetroMatad.pdf where one can find among others on page 16 an indicative calculation of netback per barrel for Eastern and Western Mongolia).

So any positive movement on their side should/ can mean progress on WOLF's side too and vice versa.

By the way: I found that article "Australian Wolf stalks Mongolian oil opportunities" from 25th of July. Haven't seen a link to it here (or missed it) http://blogs.platts.com/2014/07/25/australian-wolf-mongolian-oil/

...and I was searching for a map where I can see the blocks of WOLF in relation to the other blocks, but couldn't find one, so I made one myself with the block numbers, based on several "sub-optimal" maps I found on the internet, and attached it to this posting.

Lots of greetings from Germany
and have a good day,
Neo