Angkor Resources Identifies Second Major Oil and Gas Drill Target in Cambodia's Block VIII

Angkor Resources Corp. has confirmed the identification of a second drill target for oil and gas exploration on its Block VIII concession in Cambodia, marking significant progress in the country's emerging energy sector. The company's Cambodian subsidiary, EnerCam Resources Co. Ltd., revealed the discovery of a second anticline structure in the Central Bokor Basin based on analysis of recently completed 2-D seismic data.

The newly identified Central Bokor Lead shows geological characteristics similar to the previously discovered South Bokor structure, with clear four-way closure and an estimated depth range of 900-1200 meters. Keith Edwards, Technical Manager for EnerCam, described the structure as having "hints of some East West faulting and possibly three separate high points on the overall structure." The seismic coverage provides confidence in a four-way closure covering approximately 60 square kilometers, as detailed in the company's technical mapping available at https://www.newmediawire.com.

Company CEO Delayne Weeks expressed enthusiasm about the dual discoveries, noting that the identification of two anticlines with clear drilling targets exceeds initial expectations from the seismic program. "When we began the seismic we were hopeful to find at least one clear drill target from the seismic program. So to have identified two anticlines with clear drilling targets, while still waiting for processing and interpretation from a number of the other lines of the seismic program is extremely positive for EnerCam," Weeks stated. The South Bokor structure covers up to 48 square kilometers of closure, while the Central Bokor structure spans approximately 60 square kilometers.

The ongoing seismic program comprises 24 lines across the Block VIII concession, which covers just over 4,270 square kilometers after the company removed parks and protected areas while adding 220 square kilometers to the original 7,300 square kilometer license. Additional processing and interpretation continues across the entire seismic program, with the company building a comprehensive drilling plan as more data becomes available. The technical team continues to analyze seismic lines showing anticline structures, unconformities, and bright spots that indicate potential hydrocarbon accumulations.

This development represents a significant step forward for Cambodia's domestic energy production capabilities. The identification of multiple viable drill targets in the Central Bokor Basin suggests substantial potential for commercial hydrocarbon discoveries that could reduce the country's dependence on energy imports. The progress comes as Angkor Resources maintains parallel operations in Canada through its subsidiary EnerCam Exploration Ltd., which has been involved in gas/carbon capture and oil and gas production in Saskatchewan since 2022.

The expansion of viable exploration targets in Cambodia's Block VIII demonstrates the growing potential of Southeast Asia's energy sector and highlights the importance of continued geological assessment in emerging markets. As seismic interpretation continues, the company anticipates further refinement of drilling plans that could position Cambodia as a new player in regional energy markets.