Angkor Resources Corp. (TSXV: ANK; OTCQB: ANKOF) announced that Cambodia's Ministry of Environment (MoE) has granted final approval for its wholly owned subsidiary, EnerCam Resources Co., Ltd., to drill exploratory wells on the Kirirom, Bokor North, Bokor Central, and Bokor South sub-basins of the Block VIII onshore oil and gas concession in southwest Cambodia. The approval, announced via NEWMEDIAWIRE, follows an inter-ministerial review of the Environmental Impact Assessment (EIA) and drilling permit held on July 14, 2026, in Phnom Penh, which was attended by more than 26 representatives from five government ministries and three provinces.
With the EIA approved, EnerCam is now advancing to the Ministry of Mines and Energy (MME) with applications covering specific components of the drilling program, including downhole logging and well operations. The approval covers all four sub-basins that host EnerCam's defined drill targets, located across Preah Sihanouk, Koh Kong, and Kampong Speu provinces. The company's 4+1 drill program contemplates one exploration well in each of the four sub-basins, followed by a fifth well whose location will be determined based on the results of the first four. A detailed outline of the sub-basins and planned drill targets is available in Figure 1 Outline of Block VIII with four identified sub-basins representing five planned drill targets, called 4+1 leaving the fifth well location to be determined after drilling the first four.
Mike Weeks, President of EnerCam, commented: "With approval now in hand on all four sub-basins, we move to the Ministry of Mines and Energy on the individual components of the drilling program, and that includes the well logging and the downhole tools. The Ministry of Environment went through this in detail with us - how each site is drilled, how the water and drilling fluid are handled, and how the land is restored if a well is not productive. It has been a thorough process with the Ministries and with the communities where we will be working, and it sets a precedent for how onshore drilling gets done in Cambodia as the sector develops."
EnerCam has been completing due diligence on several potential drilling contractors ahead of the tender. The 70+ page tender document is reviewed and approved by MME before it is published. Once a drilling contractor is engaged, mobilizing the drilling equipment to the sites takes approximately three months.
Block VIII covers approximately 4,095 square kilometers in the southwest quadrant of Cambodia under a 30-year Production Sharing Contract with the Royal Government of Cambodia. As Cambodia imports 100% of its hydrocarbon-based energy products, discovering a national domestic supply of oil and gas remains a high priority for the Kingdom. EnerCam's program would be the first privately financed onshore drilling for oil and gas in Cambodia, and a discovery would begin to offset what the Kingdom currently spends importing hydrocarbon energy. The company has completed 350 line-kilometers of 2D seismic and defined drill targets across the four sub-basins.
For more information, visit resources.com. The original release is available at www.newmediawire.com.
