Angkor Resources announces its subsidiary, EnerCam Exploration realized an increase in net proceeds as the price differential dropped for Canadian crude oil sold into the US. EnerCam holds a 40 % interest in the Evesham project and Eyehill Creek Exploration Ltd. and a third party hold the remaining 60%. Using analyst reports from TD Economics, the sale price of Canadian oil production is determined by several factors [...]
Angkor Resources announces the third-year completion and celebration of Cambodia's first national agreement with Indigenous Communities in Ratanakiri in the extractive sector. The agreement represents leading Environmental, Social, Governance practices undertaken by Angkor across its projects. The agreement is the first of its kind in Cambodia - a national template between industry and Indigenous Communities that is [...]
Angkor Resources announces that the Saskatchewan Ministry of Energy and Resources has issued an enhanced oil recovery approval for the Macklin Sparky field. The approval authorizes immediate conversion of three suspended well locations to water injection; further conversions for water injection will be authorized as needed. Angkor and its subsidiary, EnerCam Exploration, contribute 40% of the capital costs and operating [...]
Angkor Resources announces that it has expanded the Wild Boar gold prospect on Andong Meas License and are proceeding with activities to advance further exploration on this and other prospects in Ratanakiri province. The area expands Wild Boar to the north of the existing Wild Boar gold prospect, and now the area is roughly nine square kilometers. The Wild Boar prospect consists of numerous narrow epithermal veins [...]
Angkor Resources and announces that it has received international attention for its activities and facilitation of Financial Literacy training for Indigenous Communities, stemming from requests from local communities for assistance in dealing with debt load from overzealous microfinance institutions. February, 2024, the European Union's Manager on Governance, Democracy and Human Rights, the CEO of CORD United Kingdom, and [...]
Angkor Resources announces that it has received its first recurring monthly cash distribution from its production acquisition in Evesham, Saskatchewan. Angkor and its subsidiary, EnerCam Exploration, shared 40% of the net profit in the Project of $262,000 for the month of November. The revenue and subsequent equity-based share of profits are based on the acquisition announced on Dec. 12th, 2023 with Project Operator [...]
Angkor Resources and announces that its 100%-owned energy subsidiary, EnerCam Exploration has signed agreements on Dec. 12th, 2023 with Project Operator Eyehill Creek Exploration and 358140 Alberta Ltd. to acquire a 40% interest in the Evesham/Macklin Production Project including the Oil Production from 33 vertical wells and the Gas Capture facility and all related pipelines and equipment . The transaction values the [...]
Angkor Resources announces the appointment of Grant T. Smith, C.Dir., CPA, CA. as Chief Financial Officer. Mr. Smith, who has also served on the Board of Directors of Angkor since 2018 brings substantial experience to the Company including: Over 15 years of experience as CFO of various public companies on the TSXV, Experience operating in multiple countries around the world, from Finland, to Mexico and Portugal to [...]
Angkor Resources announces that it has entered into a Joint Exploration and Development Agreement with Almighty Natural Resources Ltd. of Dubai to advance exploration to feasibility and applications for gold and copper production permits on two mineral licenses in Cambodia. HIGHLIGHTS The Properties under the JEDA, signed Nov. 3, 2023, include the Oyadao North license and the Andong Meas license and all mineral claims on [...]
Angkor Resources and announces drill targets defined on the Wild Boar gold prospect. A drilling program is planned to start in early December after rains sufficiently subside. Dennis Ouellette, VP Exploration summarizes, "Very solid assay results indicate a large anomoly across an area roughly 2 kilometres long by 1.5 km wide. Grab samples from the geophysical anomaly shown on the map below clearly defines a north-south [...]
Angkor Resources and announces the completion of a community assessment mission for ESG and CSR on Block VIII oil and gas license. The Company's energy subsidiary, EnerCam Exploration, has spent the past two years working to reduce emissions and improve and increase energy creation in both Canada and Cambodia. Given the extensive research completed by EnerCam on its Block VIII license, Mike Weeks, President of EnerCam [...]
Angkor Resources announces the expansion plans to increase the capture of flared and vented emissions at Evesham, Saskatchewan. The Project, which was undertaken by the Company's energy subsidiary EnerCam Exploration in partnership with Saskatchewan operators, Eyehill Creek Exploration, is advancing to capture emissions from surrounding oil production wells that are flaring or venting gases to the atmosphere. Click Image [...]
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