Angkor's Gas Capture Project is Producing 500,000 Cubic Feet/Day and Creating Monthly Revenue

About this update from Angkor Resources Corp.

[{"type":"text","content":"Angkor's Gas Capture Project is Producing 500,000 Cubic Feet/Day and Creating Monthly Revenue \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Grande Prairie, A\n \n \n B - TheNewswire -\n \n \n June 8, 2023 -\n \n \n Angkor Resources Corp.\n \n \n (TSXV:ANK\n \n \n )\n \n \n and\n \n \n (\n \n \n OTC:ANKOF) (“Angkor”\n \n \n or the\n \n \n “Company”)\n \n \n a\n \n \n nnounces the operation of natural gas/carbon\ncapture project continues to create monthly revenue, with production\nvolumes greater than 500,000 cubic feet (500 MCF) per day at the end\nof May 2023 at Evesham, Saskatchewan.\n \n \n \n \n The Project, which was undertaken by the Company’s\nenergy subsidiary EnerCam Exploration Ltd. (EnerCam) in partnership\nwith Saskatchewan operators, Eyehill Creek Exploration Ltd. (Eyehill),\ncollects associated natural gas (solution gas) that is otherwise\nemitted into the atmosphere from oil production.   Instead of the gas\nventing off the production tanks, the gases, which are primarily\nmethane and ethane, are collected resulting in a reduction of\ngreenhouse gases.   Those gases are then processed; the water is\nremoved, and product is compressed before the gas is sold into the\nSaskatchewan provincial sales distribution system.\n \n \n \n \n The Project can also add additional gas from other\nproduction wells once agreements and pipelines are in place to expand\na collective capture of gases from other locations.\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n EnerCam’s President, Mike Weeks, described the\nProject, “We collectively have the capacity to take 3 million cubic\nfeet of gas per day and with another compressor, we could expand that\nup to 10 million cubic feet.   The Project is an example of what we\ncan do to reduce emissions and make our energy solutions greener even\nwith a smaller operation.”\n \n \n \n \n The Project is anticipated to generate the first net\npositive recurring cashflow for EnerCam in late June of 2023, which\nwill represent revenue from April.  Previous production revenues were\nutilized to cover early operational costs upon startup in the first\nquarter of 2023.\n \n \n \n \n Weeks adds, “The revenues a...

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