The Early Cretaceous deposits are composed of important source rocks in Boli Basin. The types of the source rocks include black mudstones and coal (with carbonaceous mudstone). By the organic geochemical analysis methods, the authors discussed the organic petrological characters, abundance of organic matter, degree of maturity and the type of source rocks. The main micro-component of black mudstone is exinite or vitrinite, and the content of vitrinite is high in coal. The weathering of the outcrop is very serious. The abundance of organic matter in source rock reaches the poor to better rank. The major kerogens in mudstone are type-Ⅲ, type-Ⅱ2 and some type-Ⅱ1; the organic type of coal is type-Ⅲ. The thermal evolution of the source rocks in every structural unit is very different, from low-maturity to over-maturity. The depositional environment is reductive, which is good for the preservation of organic matter. The organic matter in source rocks is mainly from aquatic organisms and terrigenous input.