Angkor Resources Subsidiary Identifies Four Drill Targets in Cambodian Oil and Gas Block

Angkor Resources Corp. announced its energy subsidiary, EnerCam Resources Cambodia Co. Ltd., has identified four drill targets across Block VIII for exploratory oil and gas wells based on final interpretation of seismic data. The technical team completed interpretation of processed seismic data shot across 350-line kilometres covering four subbasins within the 4095 square kilometre license area. Dr. David Johnson, Qualified Professional for Angkor Resources, noted the discovery of an undrilled fold-belt with multiple anticlines featuring four-way closures is exceptionally rare, comparing the potential to early exploration in Wyoming but with modern seismic data defining multiple potential traps.

Structural traps in the Bokor sub-basins are found in a north-south trend of multiple large, elongated anticlines along the leading edge of a fold belt. Seismic mapping revealed four-way closures covering tens of square kilometers, with South Bokor having a mean area of 57 square kilometres, Central Bokor 54 square kilometres, and North Bokor 100 square kilometres. Additionally, a stratigraphic trap with an estimated area of 28 square kilometers is present in the Kirirom subbasin. In all three Bokor structures, primary traps are expected in gently folded seals and reservoirs adjacent to angular unconformities, with secondary traps potentially existing in sections below, between, and above the primary targets, meaning each well could find multiple gas or oil accumulations.

The Bokor South, Central, and North structures bear striking resemblance to traps of the Khorat basin, where the Nam Phong and Sinphuhorn fields in Thailand have produced significant gas over the past two decades. The possibility for multiple sources exists within the Bokor and Kirirom subbasins, though only drilling will determine reservoir contents. Planned wells may exceed 3000 metres depth to evaluate two prospective zones in each hole, with teams of geoscientists continuing to refine interpretation and drill target stratigraphy. The next project step involves tendering and undertaking an Environmental Impact Assessment on targeted drilling areas.

Angkor Resources also announced granting 250,000 stock options to consultants assisting with business development at $0.35 per share with a 12-month term, issued pursuant to the Company's Stock Option Plan approved by shareholders in 2025 and subject to TSX Venture Exchange requirements. The company's Cambodian energy subsidiary was granted an onshore oil and gas license of 7300 square kilometres in southwest Cambodia, later adjusted to just over 4095 square kilometres after removing parks and protected areas while adding 220 square kilometres. Having completed seismic in 2025, the company aims to advance toward drilling Cambodia's first onshore oil and gas exploratory wells.