In this conversation with Delayne Weeks, CEO of Angkor Resources Corp. (TSXV: ANK), we discuss the company’s effort to make Cambodia’s first onshore oil and gas discovery and why its Block VIII project is now moving toward exploratory drilling.
Delayne explains what 350 line kilometres of seismic revealed, including three large anticline structures with four-way closure and surface hydrocarbon seeps. We also discuss the company’s target of more than 300 million recoverable barrels of oil or the equivalent in natural gas, the planned $55 million drilling program, and the remaining permitting, financing, and logistical work needed before drilling can begin. No onshore oil or gas resource has yet been proven in Cambodia.
We also cover Angkor’s gold and copper projects, recent drilling, upcoming assay results, and why the company may eventually sell or separate some of its mineral assets as it advances the energy business.
