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Angkor Resources Advances Drilling Plans ON Block Viii Oil & Gas License, Cambodia

Exploration Programs

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ANGKOR RESOURCES ADVANCES DRILLING PLANS ON

BLOCK VIII OIL & GAS LICENSE, CAMBODIA

GRANDE PRAIRIE, ALBERTA (October 21, 2025): ANGKOR RESOURCES CORP. (TSXV: ANK)

(“ANGKOR” OR “THE COMPANY”) announces management’s intent for exploratory oil and gas

drilling on Block VIII, Cambodia.

Angkor’s subsidiary EnerCam Resources Co. Cambodia Ltd. (‘EnerCam’) completed approximately

350-line kilometres of 2-D seismic across Block VIII in southwest Cambodia at the end of September

2025. These seismic lines are being processed and interpreted in batches and both the South Bokor

and Central Bokor sections have identified at least three significant closed anticlines, one in South

Bokor and two in Central Bokor the northern one being probably larger than currently imaged due

to a lack of extra seismic line data in that area of the sub-basin.

CEO Delayne Weeks comments on the findings to date, “Although we await results from additional

seismic lines, we are confident and very motivated with the interpretations of the data to date.

ANGKOR RESOURCES IDENTIFIES SECOND DRILL TARGET FOR OIL & GAS ON

ITS BLOCK VIII, CAMBODIA | Angkor Resources Corp. Even with only half the

interpretation of the seismic lines in hand, based on those results, we confirm that EnerCam is

committed to drilling multiple exploratory wells in 2026. These structures are of a quality and size

that need to be tested and drilling is the only way to prove up Cambodia’s first onshore oil and gas

resource.”

Dr. David Johnson, technical advisor to EnerCam, comments: “Angkor’s decision to pursue drilling of

both the South Bokor and Central Bokor structurally closed leads is extremely exciting and well

founded. It is rare to find anticlines with four-way closures of over 48 square kilometres and 60

square kilometres respectively in a large sedimentary basin with indications of a working

hydrocarbon system, and which have not yet been drilled. The anticlines present themselves clearly

and are unmistakable in both the seismic line data and also in the surrounding surface geology.

The indications of a working hydrocarbon system are evident in the multiple legacy and newly

discovered surface live oil seeps located within each of these sub-basins, and in adjacent basin

areas. “

Dave Johnson continues his assessment, “While seismic processing and interpretation is not yet

complete, a potential thick ribbon-like top seal presents itself in multiple sections as a thick layer

with clear, continuous, conformable reflectors (see Figure 3), consistent with mudstone and lower

energy depositional environments.

An underlying potential reservoir-bearing section presents itself as a thick succession of semi-

continuous higher amplitude reflectors with a cross-cutting habit, consistent with higher energy

siliciclastic environments, or some carbonate facies development perhaps. It is currently impossible

to know for sure what these seismic facies represent in terms of sealing integrity, or both reservoir

presence and quality, without drilling an exploratory wellbore to sufficient depth.

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It is however, possible to estimate that the rock volume of a single ‘1 metre thickness reservoir zone’

under proven 4-way closure as 48 million and 60 million cubic metres respectively. There are

indications of what geophysicists refer to as Direct Hydrocarbon Indicators (DHIs), and there is the

potential for there being multiple layers of reservoir strata, satisfying the first essential requirement

for the presence of significant hydrocarbon accumulation in place beneath the closed sealing

formation cap layer.

Work is ongoing to better understand the potential hydrocarbon system and to reduce the risks

associated with reservoir quality, seal integrity and source quality. But only the drill bit will prove

the true potential of these prospects.”

Management advances its activities, including sourcing a suitable oil and gas drilling rig and all the

appropriate supporting equipment and ancillary services to bring into Cambodia to complete what

will be the first onshore wells drilled in the nation. Concurrently, the team is also working on efforts

to improve the signal to noise data over each processed line as it becomes available to develop a

stronger and broader picture of the potential in Block VIII.

Figure 1 Typical “Triple” Drilling Rig not yet closed in for winter conditions in open Prairie setting.

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Figure 2:- Interpretation of our two anticlinal structures to date, South Bokor and Central Bokor (A double anticlinal dome),

sitting on the west side of Bokor Mountain Park. The structures are 4-way closed anticlinal domes, and each dome shows

significant geographical size beneath a regionally consistent, thick, seismically defined, sealing mudstone layer .

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Figure 3:- A West to East Seismic line through the South Bokor Structure displaying general seismic stratigraphy across this

sub basin.

ABOUT ANGKOR RESOURCES CORPORATION:

ANGKOR Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource

optimizer in Cambodia working towards mineral and energy solutions across Canada and Cambodia. Since

2022, Angkor’s Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon capture and

oil and gas production in Saskatchewan , Canada. ANGKOR’s carbon capture and gas conservation project

is part of its long -term commitment to Environmental and Social projects and cleaner energy solutions

across jurisdictions.

The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds two mineral exploration licenses

in Cambodia with multiple prospects in copper and gold.

Its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas license of 7300

square kilometres in the southwest quadrant of Cambodia called Block VIII. The company then removed

all parks and protected areas and added 220 square kilomet res, making the j ust over 4270 square

kilometres. EnerCam is actively advancing oil and gas exploration onshore in Cambodia to meet its mission

of discovering and proving Cambodia as an oil & gas producer.

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CONTACT: Delayne Weeks - CEO

Email:- [email protected] Website: angkorresources.com Telephone: +1 (780) 831-8722

Please follow @AngkorResources on LinkedIn, Facebook, Twitter, Instagram and YouTube.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of

the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 

_____________________________________

Certain information set forth in this news release may contain forward -looking statements that involve

substantial known and unknown risks and uncertainties. These forward -looking statements are subject to

numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but

not limited to the potential for gold and/or other minerals at any of the Company’s properties, the

prospective nature of any claims comprising the Company’s property interests, the impact of general

economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample

results, timing and results of future exploration, and the availability of financing.

Readers are cautioned that the assumptions used in the preparation of such information, although

considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance

should not be placed on forward-looking statements.