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By Tyler Losier, Energy Reporter, Oil & Gas 360

EnerCam Resources receives approval from the Royal Government of Cambodia to develop Petroleum Block VIII
EnerCam Resources Co. Ltd., a subsidiary of Canadian mineral company Angkor Gold Corp. (stock ticker: ANK:CA, ANKOF), has received approval from the Royal Government of Cambodia on its application for a 7,300 square kilometer oil and gas concession.

Given the approval, which will allow Angkor to explore for hydrocarbons in Cambodia’s Petroleum Block VIII, the company now plans to proceed with production sharing agreement (PSA) negotiations in regards to the license.

“Angkor is the first Canadian exploration company to be granted this level of approval to pursue oil and ga...

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