Angkor Resources Identifies Promising Oil Structure in Cambodia's South Bokor Basin

Angkor Resources Corp. has received preliminary data from its seismic program on Block VIII in Cambodia, revealing what appears to be a substantial geological structure in the South Bokor Basin. The structure, identified as an anticline and named the South Bokor Lead, shows approximately 48 square kilometers of closure and is located between 900-1500 meters from the surface. This represents the first drill target identified from the seismic program conducted across the 7300 square kilometer Block VIII.

Keith Edwards, Technical Manager of EnerCam, the company's Cambodian energy subsidiary, stated that the preliminary view shows a significant structure in the most southerly South Bokor Basin. The company anticipates confirmation of internal structures upon completion of seismic processing and integrated geological and geophysical interpretation in November. As more data becomes available from other basins covered by the seismic program, management hopes to identify trends that may develop across central and northern portions of the project area.

The seismic interpretation reveals layers above the mapped horizon are thought to be Cretaceous-Jurassic age, while layers below are believed to be Lower Jurassic to Permian in age, based on analogs from the Khorat Plateau in Thailand. The South Bokor Lead results from interpretation of the first of four subbasins covered by the seismic program, with remaining data from other areas expected by late October.

Anticlines like the South Bokor Lead contribute to the majority of global oil and gas discoveries, as compression forces create arch structures where fluids may collect in the uppermost portion of the dome. However, successful hydrocarbon trapping requires an impermeable layer of rock on the top surface to contain the resources, something that can only be confirmed through drilling. As noted by professional geologist Justin Snelling, preliminary views show mostly sub-parallel bedded seismic reflections across the top of the structure, with features suggesting a thick sealing mudstone band that could form an effective seal above the mapped surface.

The mission for EnerCam is to discover Cambodia's first commercial onshore oil and gas, as the country currently imports all its hydrocarbon-based energy products, spending several billion dollars annually according to data from https://oec.world/en/profile/country/khm. The seismic program included 24 lines across three provinces and employed 38 Khmer residents along with 15 contractors from Thailand using EnviroSeis equipment.

Mike Weeks, President of EnerCam, emphasized that proving commercial oil and gas in Cambodia begins with seismic data providing sufficient information to determine drill targets. The identification of an anticline with four-way closure in the first subbasin provides foundation for building a robust program as interpretation continues across the completed seismic area. With no history of onshore drilling in Cambodia, the process of determining optimal targets requires additional time, but by year-end the scientific data should indicate whether a multi-hole exploratory drill program can be planned for next year.

The reflections within the anticline show discontinuous, structurally complex patterns with higher amplitudes, suggesting potential significant reservoir rock development. If assumptions prove correct, fluids may be trapped within this closed structure. However, as Snelling noted, actual petrophysical data from drilling remains essential to determine rock composition and potential hydrocarbon resources within the four-way closure. Additional processing and interpretation continues across all 24 lines of completed seismic as the company moves closer to potentially transformative energy discovery for Cambodia.