Mr. Mike Weeks reports
ANGKOR RESOURCES' OIL & GAS GEOSCIENTISTS DEPART CANADA TO PHNOM PENH TO DEVELOP ENERCAM'S ONSHORE OIL AND GAS PROJECT, CAMBODIA
Angkor Resources Corp.'s EnerCam Resources (Cambodia) Co. Ltd. has mobilized its senior staff to Phnom Penh, Cambodia, to continue this season's 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. 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.
As the project ramps up, three major milestones are under way, namely:
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The environmental impact assessment is before the Ministry of Environment for review and approval.
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The seismic scoping plan, seismic bids, and UXO analysis and clearance are being reviewed by MME for approval on the land areas submitted for seismic by EnerCam.
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The geoscience team spends several days to several weeks with MME's technical advisers reviewing seismic and information with MME.
Concurrently, the logistics and finance teams are in place to ease the administrative and operational path. These positions are filled with existing Khmer personnel and residents of Cambodia.
Mr. Weeks comments on the concurrent activities: "As EnerCam strives to fast-track the exploration stages of the project so we can be drilling the first wells as soon as possible. We want the seismic to start the day after the MME and MoE approve the EIA. It's important to capitalize on time available before the heavy rains start. We anticipate these wells by EnerCam and Angkor will define Cambodia's first onshore hydrocarbon resource."
About Angkor Resources Corp.
Angkor Resources 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 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 licences in Cambodia and its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas licence 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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