Angkor Resources Identifies Second Major Oil and Gas Drill Target in Cambodia's Block VIII
TL;DR
Angkor Resources' discovery of a second drill target in Cambodia's Block VIII provides potential first-mover advantage in developing significant oil and gas reserves ahead of competitors.
EnerCam identified a second anticline through 2-D seismic analysis, revealing a 60 square kilometer four-way closure structure at 900-1200 meters depth in Central Bokor Basin.
This energy discovery supports Cambodia's economic development while Angkor maintains environmental commitments through carbon capture projects and cleaner energy solutions.
Seismic technology revealed a massive underground structure in Cambodia with bright spots indicating potential oil and gas reserves spanning 60 square kilometers.
Angkor Resources Corp. has announced the identification of a second drill target from a newly discovered anticline in the Central Bokor Basin of Cambodia's Block VIII. The discovery comes from the company's ongoing analysis of its recently completed 2-D seismic program, with EnerCam Resources Co. Ltd., Angkor's Cambodian subsidiary, confirming the presence of this significant geological structure.
The Central Bokor Lead, similar to the previously identified South Bokor structure, displays clear four-way closure at depths ranging from 900 to 1200 meters. Keith Edwards, Technical Manager for EnerCam, noted that the Central Bokor structure shows similarities to the South Bokor formation with indications of East-West faulting and potentially three separate high points across the overall structure. The current seismic coverage provides confidence in a four-way closure spanning approximately 60 square kilometers, as detailed in the company's technical assessment available at https://www.newmediawire.com.
Company CEO Delayne Weeks expressed significant optimism about the dual discoveries, stating that identifying two anticlines with clear drilling targets exceeds initial expectations from the seismic program. The South Bokor structure covers up to 48 square kilometers of closure, while the Central Bokor structure spans approximately 60 square kilometers, creating a combined potential exploration area of up to 108 square kilometers. Both structures represent substantial targets for future drilling operations.
The ongoing seismic processing and interpretation continues across all 24 completed seismic lines, with the company developing comprehensive drilling plans as additional data becomes available. This systematic approach allows for continuous refinement of geological interpretations and expansion of the project scope. The identification of multiple viable drill targets significantly enhances the prospectivity of Block VIII, which covers just over 4270 square kilometers after the removal of parks and protected areas and the addition of 220 square kilometers.
For the Cambodian energy sector, these discoveries represent potential milestones in domestic resource development. The identification of multiple substantial geological structures within Block VIII suggests the region may host significant hydrocarbon resources. The company's methodical approach to seismic interpretation and target identification demonstrates the potential for systematic resource development in Cambodia's emerging energy landscape. The continued processing of seismic data may reveal additional prospects, further enhancing the region's energy potential and contributing to Cambodia's energy security objectives.
The technical validation of these structures through detailed seismic analysis provides a solid foundation for future exploration activities. The presence of clear four-way closure in both anticlines, combined with their substantial size, positions these targets as priority locations for future drilling campaigns. As the company continues to process and interpret the remaining seismic lines, the full potential of Block VIII's hydrocarbon resources may become increasingly apparent, potentially establishing Cambodia as a new frontier for oil and gas exploration in Southeast Asia.
Curated from NewMediaWire