Curated News
By: NewsRamp Editorial Staff
October 21, 2025
Angkor Resources Targets Cambodia's First Onshore Oil & Gas Discovery
TLDR
- Angkor Resources plans 2026 exploratory drilling on Block VIII, potentially establishing Cambodia's first onshore oil and gas resource for significant market advantage.
- Angkor completed 350km of 2-D seismic, identifying three large anticlines with four-way closures up to 60 square kilometers, with drilling planned to confirm reservoir quality.
- This exploration could establish Cambodia's first domestic energy production, supporting national energy independence and economic development through local resource utilization.
- Angkor discovered massive undrilled anticlines with direct hydrocarbon indicators, representing rare exploration opportunities in Cambodia's previously untapped onshore basins.
Impact - Why it Matters
This development represents a potential game-changer for Cambodia's energy independence and economic development. If successful, it could establish Cambodia as an oil and gas producer for the first time, reducing the nation's reliance on energy imports and creating new revenue streams. For global energy markets, it signals the emergence of another potential Southeast Asian producer at a time when energy security concerns are heightened worldwide. The discovery of substantial onshore reserves could attract significant foreign investment to Cambodia's energy sector and potentially lower regional energy costs. For local communities, it could bring infrastructure development, job creation, and economic opportunities, though it also raises important environmental considerations that will need careful management.
Summary
ANGKOR RESOURCES CORP. (TSXV: ANK), through its Cambodian subsidiary EnerCam Resources Co. Cambodia Ltd., has announced ambitious plans for exploratory oil and gas drilling on Block VIII in southwest Cambodia following promising seismic survey results. The company completed approximately 350-line kilometres of 2-D seismic across the block by September 2025, with processing and interpretation revealing at least three significant closed anticlines in both the South Bokor and Central Bokor sections. These geological structures, measuring 48 and 60 square kilometers respectively, represent substantial untapped potential in a basin showing clear indications of a working hydrocarbon system, including multiple surface oil seeps discovered throughout the region.
CEO Delayne Weeks expressed strong confidence in the findings, stating that even with only half the seismic data interpreted, the company is committed to drilling multiple exploratory wells in 2026. Technical advisor Dr. David Johnson emphasized the rarity of finding such large, clearly defined anticlines in an undrilled sedimentary basin with evident hydrocarbon indicators. The seismic data reveals a potential thick sealing layer consistent with mudstone deposition, underlying what appears to be reservoir-bearing sections with characteristics suggesting higher energy siliciclastic environments or carbonate facies. The company's announcement that ANGKOR RESOURCES IDENTIFIES SECOND DRILL TARGET FOR OIL & GAS ON ITS BLOCK VIII, CAMBODIA underscores their progress in identifying multiple promising drilling locations within the license area.
Management is actively advancing operational preparations, including sourcing appropriate drilling rigs and supporting equipment to bring into Cambodia for what would represent the nation's first onshore oil and gas wells. Concurrently, the technical team continues to refine seismic data processing to enhance signal-to-noise ratios and develop a more comprehensive understanding of Block VIII's potential. The company, which operates through multiple subsidiaries including EnerCam Exploration Ltd. in Canada, maintains its commitment to environmental and social projects while pursuing cleaner energy solutions across its jurisdictions, positioning this Cambodian exploration as a strategic component of its broader resource optimization mission.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Angkor Resources Targets Cambodia's First Onshore Oil & Gas Discovery
