Angkor Resources Corp. (TSXV: ANK) has confirmed a third potential drill target on its Block VIII oil and gas license in Cambodia, following the results of a seismic program in the North Bokor area. The company identified a closed anticline structure at North Bokor, adding to previous discoveries at South Bokor and Central Bokor. This development underscores the potential for establishing Cambodia's first onshore hydrocarbon reservoir.
The North Bokor structure, located on the western side of Block VIII, presents a shallower depth compared to the other two prospects. The mapped regional unconformity surface at North Bokor is found between 150-200 milliseconds two-way-time (TWT) below the surface, translating to approximately 300-400 meters depth. This shallower depth could facilitate easier drilling access to deeper targets, according to Keith Edwards, Technical Manager for EnerCam Resources Co. Cambodia Ltd., Angkor's subsidiary.
While the North Bokor seismic data does not definitively confirm a closed structure, management is confident based on surrounding physical features. The anticline aligns with the general fold trend observed in the South and Central Bokor prospects, as detailed in previous disclosures (see October 15, 2025 release: Angkor Resources Identifies Second Drill Target for Oil & Gas on Its Block VIII, Cambodia). South Bokor and Central Bokor have shown significant closed anticline structures with approximately 48 and 60 square kilometers of closure, respectively.
Angkor's subsidiary EnerCam holds an onshore oil and gas license covering 7,300 square kilometers in southwest Cambodia, later reduced to 4,095 square kilometers after excluding parks and protected areas. The company is actively advancing exploration activities to prove Cambodia as an oil and gas producing nation.
Angkor Resources Corp. is a leading resource optimizer in Cambodia, with additional operations in Canada through its subsidiary EnerCam Exploration Ltd., which has been involved in oil and gas production and carbon capture projects since 2022. The company also holds mineral exploration licenses in Cambodia through Angkor Gold Corp., targeting copper and gold prospects.
The discovery of a third drill prospect on Block VIII represents a significant step forward for Cambodia's energy sector. If commercial hydrocarbons are proven, it would mark the first onshore oil and gas production in the country, with potential implications for energy security and economic development.
