Angkor Resources Identifies Four Major Drill Targets in Cambodia's Block VIII

Angkor Resources Corp., a Canadian public company trading on the TSX Venture Exchange under the symbol ANK, has announced a significant breakthrough in its Cambodian energy operations. Through its subsidiary EnerCam Resources Cambodia Co. Ltd., the company has identified four promising drill targets for exploratory oil and gas wells within Block VIII, a 4,095 square kilometer onshore license area in Cambodia. This discovery follows the final interpretation of an extensive seismic program covering 350-line kilometers across four subbasins: South, Central, and North Bokor on the western side, and the Kirirom subbasin in the northeast. Dr. David Johnson, the Qualified Professional for Angkor, emphasized the rarity of finding such undrilled fold-belts with multiple large anticlines featuring four-way closures, comparing the potential to early exploration in Wyoming but with superior seismic data. The structural traps identified include massive anticlines with mean areas of 57, 54, and 100 square kilometers in the Bokor subbasins, plus a 28-square-kilometer stratigraphic trap in Kirirom, all bearing resemblance to the productive Nam Phong and Sinphuhorn gas fields in Thailand's Khorat Basin.

The technical analysis reveals that these targets could hold multiple gas or oil accumulations, with primary traps expected in gently folded seals and reservoirs near angular unconformities, and secondary traps possibly existing in adjacent sections. Drilling is planned to test two primary objectives in each well, potentially reaching depths exceeding 3,000 meters to evaluate prospective zones. The company is now moving forward with tendering an Environmental Impact Assessment as the next step toward drilling, which aims to prove Cambodia as an oil and gas producing nation. Angkor Resources also announced the grant of 250,000 stock options to consultants at $0.35 per share, valid for 12 months, subject to TSX-V Exchange approval. This development marks a pivotal moment for Cambodia's energy sector, as EnerCam seeks to advance the country's first onshore oil and gas exploratory wells, leveraging its position as a leading resource optimizer with additional mineral exploration licenses for copper and gold through its subsidiary Angkor Gold Corp.

For more details, view the original release on www.newmediawire.com, where the company outlines its mission and provides contact information for CEO Delayne Weeks, including email and social media links on LinkedIn, Facebook, Twitter, Instagram, and YouTube. The news underscores Angkor's commitment to energy and mineral solutions in Cambodia, with Block VIII representing a key asset after the removal of parks and protected areas to focus on exploration. As the company fine-tunes its interpretation with a team of up to eight geoscientists, the potential for significant hydrocarbon discoveries could transform Cambodia's economic landscape, drawing parallels to established fields in the region and highlighting the strategic importance of this underexplored basin.