GRANDE PRAIRIE, ALBERTA - April 10, 2025 (NEWMEDIAWIRE) - ANGKOR RESOURCES CORP. (TSXV: ANK) ("ANGKOR" OR "THE COMPANY") announces the onshore oil and gas team for its energy subsidiary, EnerCam Resources (Cambodia) Co. Ltd. ("EnerCam") is in place and brings a wide variety of expertise to Cambodia's first onshore activity towards the Kingdom's own hydrocarbon-based energy.
EnerCam compiled veterans from the global oil and gas sector to develop a leading team of professionals for Cambodia's Block VIII oil and gas project onshore of over 3700 square kilometers. The combination of Management and the Advisory Board brings seasoned professionals with over 251 years of combined experience to the Project.
Mike Weeks, President of EnerCam, comments on the team, "We have a stellar team of talented professionals that have worked across the earth and accumulated massive knowledge and experience. The effect of the experience and expertise of Angkor's oil team' will ensure that we have the best chance of capitalizing on the oil and gas potential of Block VIII. These veterans have been problem solvers in the industry; they are practical and get the job done' and this exemplary team will repeat that theme on this Cambodian project as we advance to discover hydrocarbon energy onshore for the Kingdom."
Management in Cambodia
The professionals leading the onshore oil and gas project include the following individuals.
Mike Weeks, President and Manager of Production, has been involved at high levels of production in the oil and gas sector for over 35 years. As a Class One Production Engineer, Mike worked in North Africa, Germany, and Canada building port facilities, LNG plants, power generation facilities, and refinery facilities. He managed projects including production of 100,000 barrels of oil per day, 75 million cubic feet gas/day, 75,000 barrels of LPG per day, and 42-Megawatt gas-to-power stations. Mike has also been researching potential oil projects in Cambodia since 2015.
Keith Edwards, Technical Manager of Geophysics, brings over 41 years of experience in seismic interpretation, seismic reservoir characterization using inversion, AVO, and statistical techniques. Keith has developed seismic modeling software. With experience in North America and the Middle East (Kuwait) for both large and small companies and also as an independent consultant, Keith has tackled a wide variety of challenging seismic puzzles to solve while exploring for Oil, Gas and Helium.
Justin Snelling, Project Lead Geology, brings over 48 years of experience in energy and oil & gas development and analysis, including reservoir analysis and seismic interpretation. He was a leader in horizontal drilling methods as early as the late 1980's, and worked with underbalanced drilling since the early 1990s. He has analyzed conventional and unconventional reservoirs for over four decades across seven countries, offering a wealth of expertise in both offshore and onshore recovery models.
Mads Braemer, Financial & Administrative Manager brings over 40 years of international financial management expertise. He holds a Master Degree of Science (Accounting, Audit, Business Law & Taxation) from Copenhagen Business School. He started his career with a big international accounting firm where he worked for 11 years including 9 years for Arthur Andersen (Copenhagen, Denmark Cambridge, England & St. Petersburg, Russia). He has spent 20 years in Russia and have been the CFO for three foreign owned media and telecommunications businesses in Moscow, Russia. He has spent the last 10 years in Cambodia and has been involved in financial modelling and management of a number of potential Cambodian oil & gas projects.
Advisory Capacity
Dr. David Johnson is a geoscientist with more than 40 years of Global, Canadian Frontier, and Western Canadian exploration and production (E&P) experience covering petroleum, natural gas and helium. In positions of progressive responsibility, David has worked for Shell, Exxon Production Research, ExxonMobil Exploration, Husky Energy, the Kuwait Oil Company, and KUFPEC. Dr. Johnson has executive, business development, operations, geoscience research, and technical E&P experience covering more than 40 petroleum jurisdictions in Europe, Africa, Asia, and the Americas. He has led bid-round acquisitions of more than 20 Production Sharing Agreements (PSA's) and exploration licenses (EL's); and made significant discoveries in the South China Sea, the Canadian Frontiers and Western Canada.
Dr. Johnson received a BSc in Geology from the University of Calgary, and a PhD in Geological Oceanography from Dalhousie University and will act as the Company's Qualified Person as well as an Advisor to the Board.
Dr. Lorne Rosenthal is a well-recognized oil and gas exploration expert who has worked in oil and gas exploration in the Western Canadian Sedimentary Basin for over 47 years. He started in Calgary with the Foothills Exploration Group of Union Oil of California and over the next four decades, he worked in a variety of positions from Well Site Geologist, Exploration Geologist, Area Manager, Senior Research Scientist, VP Exploration and President and CEO. Dr. Rosenthal has worked for multiple oil companies over his career including Unocal, Sceptre, Murphy, Chevron, PanCanadian and PetroCanada. He was instrumental in the research in Cambodia to determine Block VIII as the first chosen license for EnerCam.
Part of the mandate of Management is to ensure training and skill set development is integral to the activities of oil and gas in Cambodia, so each member of the team expects to provide training to local Khmer professionals as they are added to the team and/or participate in field experience as the project unfolds.
The company will be adding other professionals from institutions like the Institute of Technology of Cambodia ("ITC") as it progresses through exploration and development phases of the project.
ABOUT ANGKOR RESOURCES CORPORATION:
ANGKOR Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Canada and Cambodia. ANGKOR's carbon capture and gas conservation project in Saskatchewan, Canada is part of its long-term commitment to Environmental and Social projects and cleaner energy solutions across expanding jurisdictions. The company's mineral subsidiary, Angkor Gold Corp. in Cambodia holds three mineral exploration licenses in Cambodia and its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas license of 3729 square kilometers in the southwest quadrant of Cambodia called Block VIII. Since 2022, Angkor's Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon capture and oil and gas production in Evesham, Saskatchewan.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the potential for gold and/or other minerals at any of the Company's properties, the prospective nature of any claims comprising the Company's property interests, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample results, timing and results of future exploration, and the availability of financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
