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ANGKOR’S ENERGY SUBSIDIARY COMPLETES 2D SEISMIC PROGRAM ON BLOCK VIII CAMBODIA

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ANGKOR’S ENERGY SUBSIDIARY COMPLETES 2D SEISMIC PROGRAM ON BLOCK VIII CAMBODIA

Executive Summary

Angkor Resources Corp. announced that its energy subsidiary, EnerCam Resources Co. Ltd. (Cambodia), has successfully completed a comprehensive 2D seismic survey program on Block VIII in Cambodia. The program covered 350 line-kilometers and included the newly added Mussel Basin area, representing a significant expansion of the company's exploration activities in the region.

This seismic program marks the first onshore seismic survey conducted on Block VIII, establishing important baseline geological data for future exploration and development activities. The completion of this technical milestone demonstrates Angkor's commitment to advancing its Cambodian energy portfolio and positions the company to better understand the subsurface geology and hydrocarbon potential of the concession area.

The successful execution of this seismic program is particularly significant given the challenges often associated with conducting exploration activities in Southeast Asian markets. The data collected will be crucial for identifying potential drilling targets and optimizing future exploration strategies on Block VIII.

For the broader energy sector, this development highlights the ongoing international expansion of Canadian energy companies into emerging markets. The completion of the seismic program positions Angkor to advance toward the next phase of exploration activities, potentially including drilling operations, which could provide valuable insights into Cambodia's offshore and onshore hydrocarbon potential.
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