Angkor Resources Corp. has confirmed the Mussel Basin as a fourth target for exploratory drilling on its Block VIII oil and gas license in Cambodia, based on processed data from a recent seismic program. The company previously identified three significant closed anticline structures in South Bokor, Central Bokor, and North Bokor on the western half of the block. Preliminary processed data now supports that the Mussel Basin, located in the northeast, is a rift fault bounded basin, likely of Cenozoic age, making it structurally distinct from the other three basins and presenting different potential prospect types.
This development is significant for Cambodia's energy sector as it expands the potential resource base within a single license area. The identification of a fourth viable target increases the probability of commercial hydrocarbon discovery, which could reduce Cambodia's energy dependence and stimulate economic development. For the global energy industry, successful exploration in Southeast Asia contributes to diversifying supply sources amid shifting geopolitical landscapes.
Keith Edwards, Geophysicist for EnerCam, highlighted the advantages of the Mussel Basin target. "The advantage of the Mussel Basin is two-fold: First, the drilling targets will be shallower. Second, the reservoir porosity may be higher owed to less compaction," Edwards stated. The team is reviewing data for stratigraphic traps, such as reservoirs that pinch out against sealing rock or porous channel sand encased in impermeable shale.
The company anticipates completing full seismic interpretation in December, which will prioritize drill targets. Meanwhile, reprocessing of specific data areas continues to remove noise for better resolution. Cleaner data helps verify what the seismic data indicates regarding unconformities and more clearly defines drilling targets. Angkor Resources undertook a 350-line kilometre 2D seismic program over Block VIII, completing it at the end of September. Processing and interpretation have been ongoing since then.
Initial data identified clear, large four-way closures on South Bokor and Central Bokor, with all three sub-basins on the west side of Block VIII showing anticline structures. The company's Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas license of 7,300 square kilometres in southwest Cambodia. After removing parks and protected areas and adding 220 square kilometres, the license area now covers just over 4,095 square kilometres. EnerCam is actively advancing oil and gas exploration activities onshore to prove Cambodia as an oil and gas producing nation.
Since 2022, Angkor's Canadian subsidiary, EnerCam Exploration Ltd., has been involved in oil and gas production in Saskatchewan, Canada, with measures of gas capture to reduce emissions. The company's carbon capture and gas conservation project is part of its long-term commitment to environmental and social projects and cleaner energy solutions. Additional information about the company can be found at https://angkorresources.com. The original release is available on https://www.newmediawire.com.
