With pre-Cambrian continental nuclei and Early Paleozoic accretionary folded belts as the collaged basement, the Junggar Basin underwent an evolution of intra-cratonic basin after the transitional period of Carboniferous to Permian. The Carboniferous Period was a critical phase for the cratonization of Junggar Terrane, with two continental passive margins developed on both the southern and northern margins, and with rifts and upswells in the basin interior. Volcanic rocks in the Batamayneishan Formation are the main reservoirs.