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FAQ: Angkor Resources' Third Drill Prospect Discovery on Block VIII Oil & Gas License in Cambodia
TL;DR
Angkor Resources' discovery of a third potential oil and gas structure in Cambodia provides early mover advantage in developing the nation's first onshore hydrocarbon resource.
Angkor Resources used seismic mapping to identify a shallow anticlinal dome structure at 300-400 meters depth, following established geological trends from previous discoveries.
This discovery advances Cambodia toward energy independence while Angkor's carbon capture initiatives demonstrate commitment to cleaner energy solutions and environmental responsibility.
Angkor Resources found a third potential oil structure in Cambodia's Block VIII, buried just 300-400 meters beneath a valley floor using advanced seismic technology.
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Angkor Resources has confirmed a third anticlinal dome structure called North Bokor through seismic analysis on its Block VIII oil and gas license in Cambodia, adding another potential drilling target for oil and gas exploration.
Finding and proving up a commercial hydrocarbon reservoir would define the first onshore hydrocarbon resource in the nation of Cambodia, representing a major energy development milestone for the country.
The North Bokor structure is located on the west side of Block VIII oil and gas license, buried under the flat valley bottom lands within the company's boundaries in southwest Cambodia.
North Bokor's mapped regional unconformity surface is at significantly shallower depths, with the crest located between 150-200ms two-way-time below surface, approximately 300-400 metres below the valley floor.
Angkor Resources' Cambodian energy subsidiary, EnerCam Resources Co. Cambodia Ltd., is actively advancing oil and gas exploration activities on Block VIII under the technical management of Keith Edwards.
The company has added this third potential target for oil and gas drilling in the coming year, though no specific timeline is provided in the announcement.
After removing parks and protected areas and adding 220 square kilometres, the Block VIII license now covers just over 4095 square kilometres in the southwest quadrant of Cambodia.
The company previously identified closed anticline structures in both South Bokor and Central Bokor on Block VIII, with approximately 48 and 60 square kilometres respectively of closure beneath the regionally mapped unconformity surface.
According to Technical Manager Keith Edwards, the shallower regional unconformity surface means they will have an easier time drilling down to deeper targets in this part of the western half of Block VIII.
The North Bokor seismic does not confirm a closed structure, but management is confident it will prove to be closed based on surrounding physical features and following the general fold trend of the South and Central Bokor prospects.
Curated from NewMediaWire
