Angkor Resources Corp. (TSXV: ANK) announced Tuesday that its energy subsidiary, EnerCam Resources Cambodia Co. Ltd., has identified four drill targets across Block VIII for exploratory oil and gas wells, following the final interpretation of the seismic program. The seismic data was shot across 350-line kilometres covering four subbasins: South, Central, and North Bokor on the west side of Block VIII, and the Kirirom subbasin in the northeast corner of the 4,095-square-kilometre license area.
Dr. David Johnson, Qualified Professional for Angkor Resources, said the discovery of an undrilled fold-belt with multiple anticlines featuring four-way closures is exceptionally rare. He compared it to early surface geology-driven exploration in Wyoming but noted that modern seismic data has defined multiple potential traps in a basin with clear analogs to the producing Nam Phong and Sinphuhorn fields in the Khorat Basin of Thailand.
Structural traps in the Bokor sub-basins are found along a north-south trend of large, elongated anticlines at the leading edge of a fold belt. Four-way closures covering tens of square kilometres have been seismically mapped: South Bokor has a mean area of 57 square kilometres, Central Bokor 54 square kilometres, and North Bokor 100 square kilometres. Additionally, a stratigraphic trap with an estimated area of 28 square kilometres is present in the Kirirom subbasin.
The primary traps in the Bokor structures are expected to be found in gently folded seals and reservoirs adjacent to one of two major angular unconformities. Secondary traps may exist in sections below, between, and above the primary targets, meaning each well could encounter multiple gas or oil accumulations. The next step is to tender and undertake an Environmental Impact Assessment on the targeted drilling areas.
The Bokor structures, part of basin systems on the Indochina plate, bear a striking resemblance to traps in the Khorat basin, where the Nam Phong and Sinphuhorn fields produced significant gas over the past 20 years. Drilling is planned to test two primary objectives in each Bokor basin well, with wells potentially exceeding 3,000 metres depth. Teams of up to eight geoscientists continue to refine the interpretation and definition of drill target stratigraphy.
The Company also announced the grant of 250,000 stock options to consultants assisting with business development, at a price of $0.35 per share with a 12-month term, pursuant to the Company's Stock Option Plan approved by shareholders in 2025 and subject to TSX Venture Exchange approval.
Angkor Resources Corp. is a public company listed on the TSX-Venture Exchange, focusing on mineral and energy solutions in Cambodia. Its mineral subsidiary, Angkor Gold Corp., holds two mineral exploration licenses in Cambodia with copper and gold prospects. EnerCam Resources was granted Block VIII, an onshore oil and gas license originally 7,300 square kilometres, later reduced to 4,095 square kilometres after removing parks and protected areas. The company aims to prove Cambodia as an oil and gas producing nation through its exploration activities.
