Angkor identifies anti-cline at South Bokor

Executive Summary

• Angkor Resources’ subsidiary EnerCam reviewed preliminary 2‑D seismic data from the South Bokor basin (Block VIII, Cambodia) and identified a ~48 km² anti‑cline structure named the “South Bokor lead,” depth 900–1,500 m, designated as the first drill target.
• Completion of the full 24‑line seismic program is expected by late October, with integrated geological interpretation slated for November; results will guide a potential multi‑well exploratory drilling campaign in 2027.
• The company highlighted the strategic importance of discovering Cambodia’s first commercial onshore oil & gas resource and provided technical commentary on seal quality and reservoir prospects.

Key Details

• Seismic Coverage: 24 lines across three provinces; data acquisition completed for the South Bokor sub‑basin in early August, with remaining basins to be delivered by late October.
• Target Geometry: Anti‑cline structure with ~48 km² closure; four‑way closure depth 900–1,500 m below surface.
• Interpretation Status: Preliminary view shows gross structure, bright spots, and unconformities; further processing and integrated geological/geophysical interpretation to be completed in November.
• Seal Assessment: Geologist notes likely thick sealing mudstone band above the structure, providing a potential trap for hydrocarbons.
• Reservoir Potential: Discontinuous, high‑amplitude reflections suggest complex reservoir rock development; actual petrophysical properties pending drilling.
• Operational Footprint: Seismic program employed 38 Khmer residents and 15 Thai contractors using EnviroSeis equipment.
• Future Plans: If additional sub‑basins confirm similar structures, EnerCam aims to design a multi‑hole exploratory drill program for 2027; decision contingent on full seismic interpretation by year‑end.
• Management Comments:
• Keith Edwards (Technical Manager) – “Preliminary view shows substantial anti‑cline… awaiting confirmation upon completion of processing.”
• Mike Weeks (President) – “This is the foundation for building a robust program… we will know by year‑end if a multi‑hole drill program can be planned for next year.”

Notable Quotes

• Keith Edwards: “We have a preliminary view of what appears as a substantial structure in the most southerly South Bokor basin… we look forward to confirmation of internal structures upon completion of seismic processing and an integrated geological and geophysical interpretation in November.”
• Mike Weeks: “Proving there is commercial oil and gas in Cambodia starts with seismic giving us sufficient information to determine drill targets… by the end of this year, the science will tell us if we can plan a multihole exploratory drill program for next year.”