Angkor Resources Advances Environmental Impact Assessment (EIA) For Oil & Gas Drilling Targets, Block VIII, Cambodia
Advancing Cambodia's first onshore oil & gas discovery while exploring copper-gold prospects
EnerCam Resources, Angkor’s Cambodian energy subsidiary, is advancing the Drilling Environmental Impact Assessment (EIA) for Block VIII, covering four target sub‑basins (Kirirom Basin and the South, Central, and North Bokor basins). The EIA study, conducted by Green Assessment Co., Ltd., has completed several hundred pages of detailed assessments and remains on track for submission to the Ministry of Environment in May 2026. Upon EIA approval, a separate permit from the Ministry of Mines and Energy will be required before drilling can commence. EnerCam targets the start of drilling operations in calendar Q4 2026 or Q1 2027, contingent on regulatory approvals. No drilling rigs currently exist in Cambodia; all required rigs and associated equipment must be imported for the upcoming program.
The April 7 news is an operational update on a process that was already disclosed (EIA preparation and planned drilling timeline). It provides no new financing, drill results, or immediate financial impact. The information aligns with prior guidance and does not alter the company’s near‑term outlook in a material way. Therefore the news is routine but positive, reflecting steady progress toward the stated drilling schedule.
Angkor Resources Corp. (TSXV: ANK) is a Canada‑based junior explorer with a dual focus on: - Oil & gas in Cambodia through its wholly owned subsidiary EnerCam Resources, which holds an onshore production‑sharing contract for Block VIII (~4,095 km² after boundary adjustments). The goal is to achieve Cambodia’s first commercial onshore hydrocarbon discovery. - Mineral exploration on the Andong Meas (copper/gold) and Andong Bor (copper/gold) licences in Ratanakiri and Oddar Meanchey provinces.
The flagship project remains the Block VIII oil & gas initiative, supported by completed 2D seismic surveys identifying multiple anticlinal traps (South Bokor, Central Bokor, North Bokor, Kirirom stratigraphic trap) and ongoing EIA work aimed at enabling drilling in late 2026/early 2027.