Announcement on the approval for Cambodian oil and gas concession requested by Angkor Gold Corp.
On 13 August 2019, Mr. Stephen Burega, Chief Executive Officer at Angkor Gold Corp. announced that Angkor, through its subsidiary EnerCam Resources Co. Ltd. (“EnerCam”), had received the approval of the Royal Government of Cambodia on its application for a 7300 square kilometre oil and gas concession in Cambodia. The Royal Government of Cambodia has approved Angkor’s request for the development of Petroleum Block VIII through its subsidiary EnerCam Resources Co. Ltd. With this approval, Angkor is now proceeding with the negotiation of the Production Sharing Agreement (PSA) with regard to the license. This approval also allows Angkor to pursue oil and gas exploration on Block VIII.
Angkor Gold Corp.
