Ms. Delayne Weeks reports
ANGKOR RESOURCES' CAMBODIAN SUBSIDIARY ADDS POTENTIAL BASIN TO BLOCK VIII SEISMIC PROGRAM
Angkor Resources Corp. has found an extension target for seismic and oil on the northeast side of Block VIII.
Angkor's energy subsidiary, EnerCam Resources Co. Ltd. (Cambodia) has reviewed proposed seismic access roads on several scouting trips while concurrently evaluating all available data. The team has confirmed the Kampot North basin on the eastern side of the Bokor Mountains warrants adjustment of the seismic to include several lines across the basin as part of the pending 350-line-kilometre 2-D seismic program.
The basin is roughly 300 square kilometres and appears to be of an age and depth consistent with adjacent basins which have well-documented hydrocarbon seeps. It is thought to be filled with both lacustrine and terrestrial flood-plain sediments and has a classic rift profile with one side deeper than the other (like a trap door). This also confirms the tectonic environment that the geoscientists expect to find in the rest of Block 8, which is a combination of extension with later compression along a strike slip transverse fault.
The team is encouraged to adjust the
2-D seismic program to include the Kampot North basin to maximize the data coming from potential oil-bearing basins across the licence. Adjustments are easily made and do not detract from the efficiency of the seismic program. By reducing some areas in the west that are not easily accessible and could not be reached this time of year and replacing them with lines in the east is both logical and an effective way to increase the benefits from seismic.
The seismic lines will cross five basins identified on Block VIII including South Cardammom, Central Bokor, South Bokor, Phu Quac and North Kampot. Seismic has been approved and customs import of equipment is in place. Currently, the team awaits the customs export on the Thai side of the border for the equipment to come into Cambodia.
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 jurisdictions. The company's mineral subsidiary, Angkor Gold, in Cambodia holds three mineral exploration licences 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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