GRANDE PRAIRIE, ALBERTA (April 30, 2025): ANGKOR RESOURCES CORP. (TSXV: ANK) (“ANGKOR” OR “THE COMPANY”) announces its leading onshore oil and gas geoscientists for its energy subsidiary, EnerCam Resources (Cambodia) Co. Ltd. (“EnerCam”) are en route to Phnom Penh Cambodia for continuing development work on Cambodia’s Block VIII oil and gas project.
EnerCam holds a 30-year Production Sharing Contract with the Government of Cambodia to explore, develop, and produce oil and gas on Block VIII in the southwest quadrant of the country.
Keith Edwards, geophysicist, and Justin Snelling, lead geologist and reservoir specialist, have followed EnerCam’s President Mike Weeks, to Phnom Penh to locate full-time residence in the Kingdom while they immediately continue their work on advancing Block VIII in the Kingdom. The day after arrival, and while waiting for approvals for the Environment Impact Assessment and the Seismic scoping review, the veteran geoscientists will commence a 10-day plan with technical personnel from Ministry of Mines and Energy (MME) to compare data and research in the government vaults with that which EnerCam possesses.
As the project ramps up, three major milestones are underway, namely:
- The Environmental Impact Assessment is before the Ministry of Environment for review and approval,
- The seismic scoping plan, seismic bids, and UXO analysis and clearance is being reviewed by MME for approval on the land areas submitted for seismic by EnerCam, and
- The geoscience team spends several days to several weeks with MME’s technical advisors reviewing seismic and information held in MME’s hard copy database of energy information.
Concurrently, the logistics and finance teams are in place to ease the administrative and operational path and those positions are filled with existing Khmer personnel and residents of Cambodia.
Mike Weeks comments on the consecutive activities, “As EnerCam strives to fast-track the exploration stages of the Project so we can be drilling the first wells in the next 15 months, we need to capitalize on the remaining time before heavy rains start. We want to start the seismic as quickly as possible as that helps determine drill targets and ultimately, drilling is what will prove Cambodia’s first onshore resource.”
ABOUT ANGKOR RESOURCES CORPORATION:
ANGKOR Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Canada and Cambodia. ANGKOR’s carbon capture and gas conservation project in Saskatchewan, Canada is part of its long-term commitment to Environmental and Social projects and cleaner energy solutions across expanding jurisdictions. The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds three mineral exploration licenses in Cambodia and its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas license of 3729 square kilometers in the southwest quadrant of Cambodia called Block VIII. Since 2022, Angkor’s Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon capture and oil and gas production in Evesham, Saskatchewan.
CONTACT: Delayne Weeks – CEO
Email: info@angkorresources.com Website: angkorresources.com Telephone: +1 (780) 831-8722
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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the potential for gold and/or other minerals at any of the Company’s properties, the prospective nature of any claims comprising the Company’s property interests, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample results, timing and results of future exploration, and the availability of financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
