Angkor Resources Corp. (TSXV: ANK) announced that its wholly owned Cambodian energy subsidiary, EnerCam Resources Co., Ltd., has advanced to an inter-ministerial review of its planned oil and gas exploration drilling program on Block VIII. The meeting, held July 14, 2026, at the Ministry of Environment in Phnom Penh, is a critical step in the review of the Environmental Impact Assessment (EIA) for the program.
More than 26 representatives from five government ministries—including Ministry of Environment, Ministry of Mines and Energy, Ministry of Economy and Finance, Ministry of Interior, and Ministry of Rural Development—attended the meeting. Green Assessment Co., Ltd., the Cambodian independent EIA consultant, presented its findings alongside EnerCam. The EIA covers the four sub-basins that host the drill targets for EnerCam’s planned four-well exploration program, which would be Cambodia’s first privately financed onshore oil and gas wells.
“This meeting reflects the thorough, transparent process behind the drilling program,” said Mike Weeks, President of EnerCam. “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’s 398-page EIA report, covering key topics such as sourcing and management of drilling fluid and water using steel tanks and pits with impermeable liners to protect soil and groundwater, safety measures before, during, and after drilling using internationally recognized well-control standards (IWCF and API), and post-drilling procedures including community involvement and land restoration. The EIA also addressed ESG initiatives to benefit local communities and protect land, water, and air quality.
Ahead of the meeting, officials from the General Department of Petroleum and the Ministry of Environment visited each planned drill site with local landowners and authorities. Further written responses to questions will be compiled by Green Assessment over the coming weeks toward a final submission report. Following completion of the report, EnerCam will move to publish a tender for a drilling contractor to complete the planned exploration wells.
Angkor Resources Corp. is a public company listed on the TSX-Venture Exchange and is a leading resource explorer in Cambodia. Its mineral subsidiary holds two mineral exploration licenses for copper and gold, while EnerCam holds an onshore oil and gas license on Block VIII, covering approximately 4,095 km² after voluntary removal of parks and protected areas and government remapping. EnerCam completed 2D-seismic in 2025 and has identified multiple drill targets. The planned drilling program aims to prove Cambodia as a nation with its own oil and gas resources under a Production Sharing Contract.
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