Angkor Resources Corp. (TSXV: ANK) announced that its wholly owned Cambodian energy subsidiary, EnerCam Resources Co., Ltd., has advanced its planned oil and gas exploration drilling program on Block VIII to an inter-ministerial review. A meeting was held on July 14, 2026, in Phnom Penh with representatives from five government ministries and three provinces to review the Environmental Impact Assessment (EIA) for the program.
The meeting included more than 26 officials from the Ministry of Environment, Ministry of Mines and Energy, Ministry of Economy and Finance, Ministry of Interior, and Ministry of Rural Development. Green Assessment Co., Ltd., an independent Cambodian EIA consultant, presented its 398-page EIA report alongside EnerCam. The EIA covers four sub-basins that host drill targets for EnerCam's planned four-well exploration program, which would be Cambodia's first privately financed onshore oil and gas wells.
Mike Weeks, President of EnerCam, stated: "This meeting reflects the thorough, transparent process behind the drilling program. The EIA lays out exactly how we will source and manage water and drilling fluid, keep each site safe, and restore the land if a well is not productive - all to international standards, and all done in partnership with the Ministries and the communities where we operate."
Key topics discussed included sourcing and management of drilling fluid and water using steel tanks and impermeable liners, safety protocols based on internationally recognized well-control standards (IWCF and API), post-drilling procedures such as connecting productive wells via buried pipeline or fully restoring non-productive sites, and initiatives to expand ESG practices to benefit local communities and protect land, water, and air quality. Ahead of the meeting, officials from the General Department of Petroleum and the Ministry of Environment visited each planned drill site with local landowners and authorities.
Further written responses to questions will be compiled by Green Assessment over the coming weeks for the final submission report. Following completion, EnerCam will publish a tender for a drilling contractor to complete the exploration wells. The company completed 2D-seismic in 2025 and has identified multiple drill targets with multiple target zones under a Production Sharing Contract.
Angkor Resources Corp. is a leading resource explorer and developer in Cambodia, with mineral and energy subsidiaries. Its mineral subsidiary holds two mineral exploration licenses in copper and gold. The company's energy subsidiary, EnerCam, holds an onshore oil and gas license in Block VIII, covering approximately 4,095 km² after adjustments. The planned drilling program represents a significant step in proving Cambodia's own oil and gas resources.
For more information, visit angkorresources.com or follow @AngkorResources on social media. The company cautions that forward-looking statements involve risks and uncertainties, including oil and gas risks, drilling risk, and regulatory compliance.
