Mike Weeks, President of EnerCam, feedback on the seismic, “We’re more than happy to be doing seismic on Block VIII. This technical work results in defining drill targets, all of which is a part of the necessities to show business oil and gasoline for Cambodia. ”
Weeks, having labored within the business for many years across the globe, provides, “Discovering oil and gasoline adjustments a nation as a result of it provides a rustic independence, recurring income, and its personal supply of nationwide power. Your entire financial exercise receives a lift not simply from the invention, however from all the extra service companies that develop as a part of the business sector.”
The hunt for EnerCam is to find Cambodia’s first onshore oil and gasoline, as presently the nation imports all of its hydrocarbon-based power merchandise, spending a number of billion {dollars} per 12 months.
EnerCam strives to be drilling the primary wells following acceptable interpretation and goal definition from the seismic program.
The technical groups proceed with further analysis within the space concurrently with the seismic. Approached by native residents and enterprise homeowners as they transfer from line to line throughout the focused seismic space, the geoscience workforce is witnessing a number of deserted water wells the place oil has seeped into the effectively, making the water unusable for home use. As effectively, the workforce has sourced a number of further floor oil seeps, including to the stock of documented areas of floor oil showings.
The seismic program employs 53 folks to execute each day duties to put out geophones each 4 metres throughout upcoming seismic traces, then add information recorders each 25 metres that connect with the geophones. The pair of EnviroVibe items then move the ready line to be shot and sweeps the bottom each 50 meters alongside the road to create floor vibration, and the outcomes of the sound waves are transmitted and recorded. Then all of the geophones and information recorders are collected and rotated again into the subsequent cycle for the upcoming traces. Geophones and recorders usually attempt to keep 24 hours forward of the Envirovibe items, so the method is environment friendly and advances in a well timed method.
Keith Edwards, Technical Supervisor for EnerCam describes this system and the outcomes to this point, “We need to common about 9 kilometers per day, with some quick traces taking longer. The preliminary information seems to be promising and the methodology and the expertise are such that regardless of the rain, we will sweep an space and obtain good high quality information.”
Interpretation of the info will happen upon completion of the Venture, which is estimated to be between mid and the tip of September. Between 5 and 6 weeks are budgeted as a timeline for interpretation.
Seismic groups are executing 350-line kilometers of two dimensional seismic over 4 recognized sub basins on the west facet of the license space after which will transfer to the newly described ‘mussel basin’ on the northeast facet of the license.
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Determine 1 Geophone deployment groups stroll the distances the place no automobile entry is fast. Groups use GPS to precisely cowl terrain each day to put out geophones forward of information recorders and EnviroVibe gear. Geophones are inserted into the bottom each 4 meters. All landowners grant full permission earlier than any entry is allowed.
Click on Picture To View Full Measurement Determine 2 EnviroVibe machines shifting down seismic line by way of privately-owned palm plantation, full entry and permission from proprietor granted upfront.
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Determine 3 Geophone deployment workforce travels by boat to entry the subsequent line space. Vibration items will journey by land, utilizing bridges and roads to place gear within the sweep zones.
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Click on Picture To View Full Measurement
Figures 4 and 4a: Native safety are employed to watch the traces of geophones and information recorders earlier than they’re picked up and moved to the subsequent location. Strains are monitored evening and day, rain or shine.
ABOUT Angkor Assets CORPORATION:
Angkor Assets Corp. is a public firm, listed on the TSX-Enterprise Trade, and is a number one useful resource optimizer in Cambodia working in direction of mineral and power options throughout Canada and Cambodia. ANGKOR’s carbon seize and gasoline conservation mission in Saskatchewan, Canada is a part of its long-term dedication to Environmental and Social tasks and cleaner power options throughout jurisdictions. The corporate’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds three mineral exploration licenses in Cambodia and its Cambodian power subsidiary, EnerCam Assets, was granted an onshore oil and gasoline license of 7300 sq. kilometers within the southwest quadrant of Cambodia referred to as Block VIII. The corporate then eliminated all parks and guarded areas to scale back the scale to only over 3700 sq. kilometers. Since 2022, Angkor’s Canadian subsidiary, EnerCam Exploration Ltd., has been concerned in gasoline/carbon seize and oil and gasoline manufacturing in Saskatchewan, Canada.
CONTACT: Delayne Weeks – CEO
E mail: information@angkorresources.com Web site: angkor assets.com Phone: +1 (780) 831-8722
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Neither TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this launch.
Sure data set forth on this information launch might include forward-looking statements that contain substantial recognized and unknown dangers and uncertainties. These forward-looking statements are topic to quite a few dangers and uncertainties, sure of that are past the management of the Firm, together with, however not restricted to the potential for gold and/or different minerals at any of the Firm’s properties, the potential nature of any claims comprising the Firm’s property pursuits, the impression of normal financial circumstances, business circumstances, dependence upon regulatory approvals, uncertainty of pattern outcomes, timing and outcomes o f future exploration, and the supply of financing. Readers are cautioned that the assumptions used within the preparation of such data, though thought-about cheap on the time of preparation, might show to be imprecise and, as such, undue reliance shouldn’t be positioned on forward-looking statements.
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