Angkor Resources Expands Cambodian Oil and Gas License with Mussel Basin Addition
Angkor Resources has received government approval to incorporate the 220-square-kilometer Mussel Basin into its Block VIII oil and gas license in Cambodia, significantly enhancing exploration potential in a promising sedimentary basin with documented oil seeps.
Angkor Resources Corp. has received approval from Cambodia's Ministry of Mines and Energy to incorporate the Mussel Basin, an additional 220 square kilometers, into its Block VIII oil and gas license. The expansion brings the total license area to 4,277 square kilometers after the company's voluntary removal of all parks and protected areas from development in March 2025.
Mike Weeks, President of EnerCam Resources Co. Ltd., Angkor's Cambodian energy subsidiary, stated that the Mussel Basin represents a significant area with strong indications as an added sub-basin for oil and gas exploration and development. The addition allows the company to fully evaluate all prospective sedimentary zones of interest within Permit Block VIII.
Justin Snelling, senior geologist and reservoir specialist for EnerCam, described the Mussel Basin as a self-contained Cenozoic age sedimentary basin with promising exploration potential. A review of vintage 2008 seismic lines has identified interesting potential stratigraphic trapping anomalies, combined with known legacy surface oil seeps documented in the area, making this basin a prospective target for early exploratory drilling.
The company plans to incorporate seismic lines from the Mussel Basin into its current field seismic operations, with processing and interpretation targeted for completion by September 20, 2025. The additional land parcel enables proper evaluation using new 2-D seismic lines acquired during ongoing operations.
Angkor Resources Corp. is listed on the TSX Venture Exchange under the symbol ANK and operates through its subsidiary EnerCam Resources, which was granted the original onshore oil and gas license covering 7,300 square kilometers in southwest Cambodia. The company maintains a long-term commitment to environmental and social projects, including carbon capture and gas conservation initiatives in Saskatchewan, Canada. Further information about the company's operations can be found at https://angkorresources.com.