Angkor talks up seismic completion at Block VIII

Executive Summary

• Angkor Resources completed the first on‑shore 2‑D seismic survey in Cambodia in over a decade, covering Block VIII.
• Preliminary interpretation identified a 48 km² anti‑cline structure in the South Bokor basin, indicating a potential hydrocarbon trap and positioning Angkor as the country’s first mover in on‑shore oil & gas exploration.
• The company plans full seismic interpretation and a ranked prospect inventory by year‑end 2025, with possible farm‑in discussions to follow.

Key Details

• Survey Scope: 2‑D seismic over Block VIII (originally 7,300 km²; reduced to ~4,277 km² in March 2025 to exclude protected areas).
• Key Finding: 48 km² anti‑cline structure identified in the South Bokor basin – a primary indicator of possible hydrocarbon traps.
• Strategic Positioning: Angkor now holds the only on‑shore production‑sharing contract in Cambodia, giving it first‑mover advantage.
• Regulatory Context: July 2025 approval by Cambodia’s Ministry of Mines and Energy to expand the Mussel basin area after surface oil seeps were documented.
• Economic Implication: Potential domestic production could reduce Cambodia’s $2 billion annual hydrocarbon import bill.
• ESG Alignment: Block boundaries voluntarily reduced to remove all national parks and wildlife sanctuaries prior to any regulatory mandate.
• Next Steps: Full seismic interpretation and development of a ranked prospect inventory expected before the end of 2025; subsequent farm‑in negotiations with industry partners anticipated.

Notable Quotes

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