Angkor Resources Corp. (TSXV: ANK) announced that its planned oil and gas exploration drilling program on Block VIII in Cambodia has advanced to an inter-ministerial review, with a meeting held July 14, 2026 in Phnom Penh. The meeting is a critical step in the review of the Environmental Impact Assessment (EIA) for the program, which would be Cambodia's first privately financed onshore oil and gas wells.
Management of the company's wholly owned Cambodian energy subsidiary, EnerCam Resources Co., Ltd. (EnerCam), met with representatives of five government ministries—including the Ministry of Environment, Ministry of Mines and Energy, Ministry of Economy and Finance, Ministry of Interior, and Ministry of Rural Development—as well as three provinces. More than 26 representatives attended the meeting to review the drilling program in detail.
Mike Weeks, President of EnerCam, commented: "This meeting reflects the thorough, transparent process behind the drilling program. The EIA lays out exactly how we will source and manage water and drilling fluid, keep each site safe, and restore the land if a well is not productive—all to international standards, and all done in partnership with the Ministries and the communities where we operate."
The discussion drew on Green Assessment Co., Ltd.'s 398-page EIA report, which covers the four sub-basins that host the drill targets for EnerCam's planned four-well exploration program. Key topics included how drilling fluid and water are sourced, used, stored, and cleaned using steel tanks and pits with impermeable liners to protect soil and groundwater; safety measures before, during, and after drilling, drawing on internationally recognized well-control standards (IWCF and API); and post-drilling procedures, including community involvement and land restoration if a well is not productive.
Further written responses to questions will be compiled by Green Assessment over the coming weeks toward the final submission report for the ministries to complete the process. Following completion of the report, EnerCam will move to publish its tender for the drilling contractor to complete the planned exploration wells.
Angkor Resources Corp. is a leading resource explorer and developer in Cambodia, working toward mineral and energy solutions. Its mineral subsidiary, Angkor Gold Corp. Co., Ltd., holds two mineral exploration licenses with multiple prospects in copper and gold. The company's energy subsidiary, EnerCam, was granted an onshore oil and gas license in Block VIII, originally 7,300 km² but reduced to approximately 4,095 km² after voluntary removal of parks and protected areas and subsequent adjustments.
EnerCam is actively advancing oil and gas exploration activities to prove Cambodia as a nation with its own oil and gas resources. The company completed 2D-seismic in 2025 and has identified multiple drill targets. With the EIA under review, the company plans to select a drilling contractor to complete Cambodia's first privately financed onshore exploratory oil and gas wells under a Production Sharing Contract.
