Ms. Delayne Weeks reports
Angkor RESOURCES' 100% SUBSIDIARY, ENERCAM AMASSES ITS OIL TEAM WITH OVER 250 COLLECTIVE YEARS OF EXPERTISE
Angkor Resources Corp.'s onshore oil and gas team for its energy subsidiary, EnerCam Resources (Cambodia) Co. Ltd., is in place and brings a wide variety of expertise to Cambodia's first onshore activity toward the Kingdom's own hydrocarbon-based energy.
EnerCam compiled veterans from the global oil and gas sector to develop a leading team of professionals for Cambodia's Block VIII oil and gas project onshore of over 3,700 square kilometres. The combination of management and the advisory board brings seasoned professionals with over 251 years of combined experience to the project.
Mike Weeks, president of EnerCam, comments on the team: "We have a stellar team of talented professionals that have worked across the earth and accumulated massive knowledge and experience. The effect of the experience and expertise of Angkor's 'oil team' will ensure that we have the best chance of capitalizing on the oil and gas potential of Block VIII. These veterans have been problem solvers in the industry; they are practical and 'get the job done' and this exemplary team will repeat that theme on this Cambodian project as we advance to discover hydrocarbon energy onshore for the Kingdom."
Management in Cambodia
The professionals leading the onshore oil and gas project include the following individuals.
Mike Weeks, president and manager of production, has been involved at high levels of production in the oil and gas sector for over 35 years. As a Class One production engineer, Mr. Weeks worked in North Africa, Germany and Canada building port facilities, LNG (liquified natural gas) plants, power generation facilities and refinery facilities. He managed projects including production of 100,000 barrels of oil per day, 75 million cubic feet gas/day, 75,000 barrels of LPG per day and 42-megawatt gas-to-power stations. Mr. Weeks has also been researching potential oil projects in Cambodia since 2015.
Keith Edwards, technical manager of geophysics, brings over 41 years of experience in seismic interpretation, seismic reservoir characterization using inversion, AVO and statistical techniques. Mr. Edwards has developed seismic modelling software. With experience in North America and the Middle East (Kuwait) for both large and small companies and also as an independent consultant, Mr. Edwards has tackled a wide variety of challenging seismic puzzles to solve while exploring for oil, gas and helium.
Justin Snelling, project lead geology,
brings over 48 years of experience in energy and oil and gas development and analysis, including reservoir analysis and seismic interpretation. He was a leader in horizontal drilling methods as early as the late 1980s, and worked with underbalanced drilling since the early 1990s. He has analyzed conventional and unconventional reservoirs for over four decades across seven countries, offering a wealth of expertise in both offshore and onshore recovery models.
Mads Braemer, financial and administrative manager, brings over 40 years of international financial management expertise. He holds a master degree of science (accounting, audit, business law and taxation) from Copenhagen Business School. He started his career with big international accounting firm where he worked for 11 years including nine years for Arthur Andersen (Copenhagen, Denmark -- Cambridge, England, and St. Petersburg, Russia). He has spent 20 years in Russia and have been the CFO (chief financial officer) for three foreign owned media and telecommunications businesses in Moscow, Russia. He has
spent the last 10 years in Cambodia and has been involved in financial modelling and management of a number of potential Cambodian oil and gas projects.
Advisory capacity
Dr. David Johnson
is a geoscientist with more than 40 years of global, Canadian frontier, and Western Canadian exploration and production (E&P) experience covering petroleum, natural gas and helium. In positions of progressive responsibility, Dr. Johnson has worked for Shell, Exxon Production Research, ExxonMobil Exploration, Husky Energy, the Kuwait Oil Company and KUFPEC. Dr. Johnson has executive, business development, operations, geoscience research, and technical E&P experience covering more than 40 petroleum jurisdictions in Europe, Africa, Asia and the Americas. He has led bid-round acquisitions of more than 20 production sharing agreements (PSA) and exploration licences (EL); and made significant discoveries in the South China Sea, the Canadian frontiers and Western Canada.
Dr. Johnson received a BSc in geology from the University of Calgary, and a PhD in geological oceanography from Dalhousie University and will act as the company's qualified person as well as an adviser to the board.
Dr. Lorne Rosenthal is a well-recognized oil and gas exploration expert who has worked in oil and gas exploration in the Western Canadian sedimentary basin for over 47 years. He started in Calgary with the Foothills Exploration Group of Union Oil of California and over the next four decades, he worked in a variety of positions from well site geologist, exploration geologist, area manager, senior research scientist, vice-president of exploration, and president and chief executive officer. Dr. Rosenthal has worked for multiple oil companies over his career including Unocal, Sceptre, Murphy, Chevron, PanCanadian and PetroCanada. He was instrumental in the research in Cambodia to determine Block VIII as the first chosen licence for EnerCam.
Part of the mandate of management is to ensure training and skill set development is integral to the activities of oil and gas in Cambodia, so each member of the team expects to provide training to local Khmer professionals as they are added to the team and/or participate in field experience as the project unfolds.
The company will be adding other professionals from institutions like the Institute of Technology of Cambodia (ITC) as it progresses through exploration and development phases of the project.
About Angkor Resources Corp.
Angkor Resources is a public company, listed on the TSX Venture Exchange and is a leading resource optimizer in Cambodia working toward 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 licence of 3,729 square kilometres 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, Sask.
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