Angkor Resources Advances Cambodia's First Onshore Oil Exploration with Multiple 2026 Drill Targets

Angkor Resources Corp. has confirmed plans to drill multiple exploratory oil and gas wells in Cambodia during 2026, marking what could become the nation's first onshore hydrocarbon discovery. The company's subsidiary EnerCam Resources completed approximately 350-line kilometres of 2-D seismic across Block VIII in southwest Cambodia by September 2025, with initial interpretations revealing promising geological structures.

CEO Delayne Weeks stated the company is "confident and very motivated" with current data interpretations, confirming EnerCam's commitment to drilling multiple exploratory wells next year. The seismic data has identified at least three significant closed anticlines in both the South Bokor and Central Bokor sections, with one northern structure potentially larger than currently imaged due to limited seismic coverage in that sub-basin area.

Technical advisor Dr. David Johnson described the findings as "extremely exciting and well founded," noting the rare discovery of anticlines with four-way closures measuring over 48 square kilometres and 60 square kilometres respectively. These structures exist in a large sedimentary basin showing indications of a working hydrocarbon system, yet remain undrilled. Johnson emphasized that the anticlines appear clearly in both seismic data and surface geology, supported by multiple legacy and newly discovered surface live oil seeps within the sub-basins and adjacent areas.

The geological analysis reveals a potential thick ribbon-like top seal appearing in multiple sections as a continuous layer consistent with mudstone and lower energy depositional environments. Underlying this, a potential reservoir-bearing section shows thick successions of semi-continuous higher amplitude reflectors with cross-cutting patterns, indicative of higher energy siliciclastic environments or possible carbonate facies development. Johnson estimated the rock volume potential at 48 million and 60 million cubic meters respectively for a single one-meter thickness reservoir zone under proven four-way closure.

Further analysis indicates what geophysicists term Direct Hydrocarbon Indicators (DHIs), suggesting potential for multiple layers of reservoir strata beneath the sealing formation cap layer. While work continues to better understand the hydrocarbon system and reduce risks associated with reservoir quality, seal integrity, and source quality, Johnson emphasized that "only the drill bit will prove the true potential of these prospects."

Management is advancing preparatory activities, including sourcing suitable oil and gas drilling rigs and supporting equipment to bring into Cambodia for the nation's first onshore drilling operations. Concurrently, the technical team works to improve signal-to-noise data over processed seismic lines to develop a stronger understanding of Block VIII's potential. The company's progress can be followed through their corporate communications at https://angkorresources.com.

This exploration initiative represents a significant step for Cambodia's energy independence and economic development. Successful discovery of commercial hydrocarbons could transform the nation's energy landscape, reducing dependence on imported fuels and potentially creating new revenue streams. The planned 2026 drilling campaign will provide definitive answers about Cambodia's onshore hydrocarbon potential, with implications for regional energy markets and investment opportunities in Southeast Asia's developing energy sector.