Northwire Canada EditionThursday, September 24, 2026
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Production / Operations

Angkor Resources Completes First Onshore Seismic Program in Cambodia; Vanderbilt Report Publishes Coverage

ANK · Price

Executive Summary

  • Angkor Resources completed a 2‑D seismic survey over Block VIII in Cambodia, the first onshore program in the country in more than a decade.
  • Preliminary interpretation identified a 48 km² anticline structure in the South Bokor Basin, indicating a potential hydrocarbon trap.
  • The company positions itself as the sole holder of an on‑shore production‑sharing contract in Cambodia, with next steps including full seismic interpretation and prospect ranking before year‑end 2025.

Key Details

  • Survey Scope: 2‑D seismic line over Block VIII (originally 7,300 km², reduced to ~4,277 km² in March 2025 to exclude protected areas).
  • Key Finding: 48‑square‑kilometer anticline structure identified in the South Bokor Basin – a primary indicator of possible oil and gas accumulation.
  • Strategic Positioning: Angkor holds the only onshore production‑sharing contract (PSC) in Cambodia, giving it first‑mover advantage in a market that currently imports 100 % of its hydrocarbon energy (~$2 billion annually).
  • Regulatory Context: In July 2025, Cambodia’s Ministry of Mines and Energy approved expansion of the Mussel Basin area into the license after surface oil seeps were documented.
  • ESG Alignment: Block boundaries voluntarily reduced to remove all national parks and wildlife sanctuaries prior to any regulatory mandate.
  • Economic Impact Potential: Domestic production could materially reduce Cambodia’s $2 billion annual hydrocarbon import bill.
  • Next Steps: Full seismic interpretation and ranked prospect inventory slated for completion before the end of 2025, followed by potential farm‑in discussions with industry partners.

Notable Quotes

(No direct CEO/President quotes were provided in the release.)

Read the original news release →

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