Oil and Gas Update - General Department of Petroleum FOR Cambodia Meets Enercam ON Block Viii
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OIL AND GAS UPDATE - GENERAL DEPARTMENT OF PETROLEUM
FOR CAMBODIA MEETS ENERCAM ON BLOCK VIII
GRANDE PRAIRIE, ALBERTA (April 8, 2025): ANGKOR RESOURCES CORP. (TSXV: ANK) (“ANGKOR”
OR “THE COMPANY”) announces that management of its energy subsidiary, EnerCam Resources
(Cambodia) Co. Ltd. (“EnerCam”) met with and provided an update to government authorities of
the General Department of Petroleum (“GDP”) regarding the steps and progress of EnerCam’s
activities on Block VIII.
The Production Sharing Agreement (“PSA”) on Block VIII is for a 30-year term with potential
extensions on production levels. Included in the PSA are various checks and balances in which
EnerCam as the Contractor, must inform the Ministry of Mines and Energy (“MME”) of the activities
it is undertaking or planning to undertake for formal approval.
The Deputy Director of GDP hosted members of the EnerCam management to receive updates on:
- the EIA (Environmental Impact Assessment).
- the three Bokor sub-basins on Block VIII license that are of primary interest.
- the two shallower sedimentary basins on the east side of the license.
- the 350-line kilometer seismic program that will start once the EIA is completed and
approved.
- EnerCam’s plans to hire and support training of Khmer people to work in the petroleum
industry in all levels that will become Cambodia’s future in oil and gas.
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(picture above) Deputy Director of GDP, Ms. Somaline SORN and her colleagues reviewed EnerCam’s
activities and plans. Providing the presentation from EnerCam were Mads Braemer Financial Manager,
Mike Weeks President of EnerCam, an CEO of Angkor Resources Delayne Weeks.
EnerCam’s intent is to fast-track activities to commence drilling and ensure terms of the PSA are met. The
company target is to inform GDP two months in advance of each planned activity. As the technical teams
and contractors of EnerCam advance on the license, Management integrates and diarizes the results of all
activities. This practice supports both administrative disclosure and the approval process and thereby
facilitates the continued progress of all exploration activities.
Environmental Impact Assessment
As the Environmental Impact Assessment continues across the Block VIII area, Khmer
Environmental Contractors are meeting with community members, as well as carrying out water,
air, and soil sampling. Seismic operations can begin upon approval of a preliminary copy of the
completed Environmental Assessment by the Ministry of Environment and the GDP.
Seismic Program
Cambodia does not have any in-country seismic operators. Companies from Canada, China, and Thailand
have bid on the 350-kilometer program of 2-D seismic. The bidding documents are currently in front of
the MME and GDP for review and approval.
Angkor Resources Corp. has also entered into an agreement dated Apr 7, 2025, with an arm's-length
marketing firm, Hillside Consulting and Media Inc., to provide digital marketing services to the company,
including search engine optimization, pay-per-click, e-mail, YouTube and social media channels, to
increase corporate awareness for a term of two weeks. The media disseminated will be generated using
publicly available information. The company will pay Hillside a cash fee of $25,000 CAD, plus applicable
taxes. Neither Hillside nor its principals hold any securities of the company.
Hillside can be contacted at 474 Main St., Penticton, B.C., V2A 5C5; or by telephone at 250-485-3615; or
by e-mail at [email protected].
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.
ANGKOR’s carbon capture and gas conservation project in Saskatchewan, Canada is part of its long -term
commitment to Environmental and Social projects and cleaner energy solutions across expanding
jurisdictions. The company ’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds three mineral
exploration licenses in Cambodia and its Cambodian energy subsidiary, EnerCam Resources, was granted an
onshore oil and gas license of 3729 square kilometers in the southwest quadrant of Cambodia called Block
VIII. Since 2022, Angkor’s Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon
capture and oil and gas production in Evesham, Saskatchewan.
CONTACT: Delayne Weeks - CEO
Email: [email protected] Website: angkorresources.com Telephone: +1 (780) 831-8722
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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 e conomic conditions, industry conditions, dependence upon
regulatory approvals, uncertainty of sample results, timing and results o f 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 relia nce should not
be placed on forward-looking statements.