FAQ: Angkor Resources' Second Oil & Gas Drill Target on Block VIII, Cambodia

What is the main announcement from Angkor Resources?

Angkor Resources has identified a second drill target for oil and gas exploration on Block VIII in Cambodia, specifically a second anticline in the Central Bokor Basin based on recently completed 2-D seismic data.

Where is this new drill target located?

The new drill target is located in the Central Bokor area of Block VIII, which is in the southwest quadrant of Cambodia and covers approximately 4,270 square kilometers after removing parks and protected areas.

What are the key characteristics of the Central Bokor structure?

The Central Bokor structure features clear four-way closure covering approximately 60 square kilometers, with a depth of 900-1,200 meters, hints of East-West faulting, and possibly three separate high points on the overall structure.

How does this second target compare to the first one?

Both the South Bokor and Central Bokor structures are significant with clear four-way closures - South Bokor covers up to 48 square kilometers while Central Bokor covers up to 60 square kilometers, and both show similar structural characteristics.

Why is this discovery significant for the company?

Identifying two clear drill targets from the seismic program exceeds initial expectations and represents extremely positive progress for EnerCam Resources, expanding their drilling potential in Cambodia.

What is the current status of the seismic program?

The company has completed 24 lines of seismic data, with additional processing and interpretation ongoing, and will continue building drilling plans as more seismic segments are processed.

Who is EnerCam Resources and what is their role?

EnerCam Resources Co. Ltd. is Angkor Resources’ Cambodian energy subsidiary that holds the onshore oil and gas license for Block VIII and is responsible for the seismic analysis and drilling target identification.

What other projects does Angkor Resources have?

Beyond Cambodian oil and gas exploration, Angkor has a carbon capture and gas conservation project in Saskatchewan, Canada, and mineral exploration licenses in Cambodia for copper and gold through its subsidiary Angkor Gold Corp.

How can I contact Angkor Resources for more information?

Contact Delayne Weeks, CEO, at [email protected], visit angkorresources.com, or call +1 (780) 831-8722 for more information about the company and its projects.