Ms. Delayne Weeks reports
ANGKOR RESOURCES RECEIVES APPROVAL TO INCORPORATE MUSSEL BASIN INTO BLOCK VIII OIL AND GAS LICENSE, CAMBODIA
Angkor Resources Corp.'s subsidiary, EnerCam Resources Co. Ltd. (Cambodia), has received approval from government authorities of Ministry of Mines and Energy for an additional 220 square kilometres added within the Block VIII boundaries, referred to as the Mussel basin.
With the added area, Block VIII is now 4,277 square kilometres in size, having removed all parks and protected area from development. Mike Weeks, president of EnerCam, comments: "We are very happy to add the Mussel basin area to be part of Block VIII. This is a significant area with strong indications as an added subbasin for exploration and development of oil and gas in Cambodia."
Justin Snelling, senior geologist and reservoir specialist for EnerCam, describes the basin and its potential: "Mussel basin is a self-contained, Cenozoic-age sedimentary basin. Our additional land parcel brings all prospective sedimentary zones of interest fully into permit Block VIII and allows us to properly evaluate it with new 2-D seismic lines acquired during our current field seismic operations. A review of the two 2008 vintage accelerated weight drop (AWD) 2-D seismic lines has identified interesting potential stratigraphic trapping anomalies that together with the known legacy surface oil seeps documented here, making this basin a prospective target for early exploratory drilling."
Next steps will be incorporating the seismic lines of Mussel basin into the seismic program and completing
that for processing and interpretation, targeting Sept. 20, 2025.
About Angkor Resources Corp.
Angkor 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 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 of 7,300 square kilometres in the southwest quadrant of Cambodia called Block VIII. The licence was reduced to roughly half the size with the company's voluntary removal of all parks and protected areas in March, 2025, and now is 4,277 square kilometres. 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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