Angkor Resources Identifies Second Drill Target for Oil & Gas on its Block VIII, Cambodia

Executive Summary

• Angkor Resources’ subsidiary EnerCam identified a second anticline (“Central Bokor Lead”) in Block VIII, Cambodia, providing a new drill target with four‑way closure over ~60 km².
• The discovery follows the recent 2‑D seismic program that also defined the South Bokor lead (~48 km²); both structures are considered significant for future drilling.
• EnerCam will continue processing the remaining 24 seismic lines to refine drilling plans and expand exploration scope.

Key Details

• Project: Block VIII, Central Bokor Basin, Cambodia (EnerCam Resources Co. Ltd.)
• New Target: Central Bokor Lead – second anticline identified from 2‑D seismic data.
• Geological Characteristics:
• Four‑way closure confirmed.
• Estimated depth: 900–1,200 m.
• Closure area: ~60 km² (compared to South Bokor’s ~48 km²).
• Seismic Coverage: 24 lines completed; additional processing and interpretation ongoing across all lines.
• Management Comments:
• Keith Edwards (Technical Manager) notes similarity to South Bokor structure, possible east‑west faulting, and three high points within the anticline.
• Delayne Weeks (CEO) emphasizes the positive outlook of having two clear drill targets while further seismic data are still being evaluated.
• Next Steps: Development of a drilling plan based on processed seismic segments; continued interpretation to potentially identify additional targets.

Notable Quotes

“When we began the seismic we were hopeful to find at least one clear drill target… to have identified two anticlines with clear drilling targets … is extremely positive for EnerCam.” – Delayne Weeks, CEO

“The Central Bokor structure is very similar to the South Bokor structure with hints of some East West faulting and possibly three separate high points on the overall structure.” – Keith Edwards, Technical Manager