Angkor Resources Corp. · TSXV:ANK
Angkor Resources — Investor Presentation (October 2024)
28 slides from Angkor Resources's investor presentation, October 2024
Slide 1: Angkor Resources: Optimizer Minerals and Energy
ANGKOR RESOURCES OPTIMIZER MINERALS AND ENERGY a natural resource optimizer building sustainable resource solutions using ethical, responsible practices TSXV: ANK | OTCQB: ANKOF
Slide 2: Corporate Structure October 2024
CORPORATE STRUCTURE OCTOBER 2024 Structured as a flexible investment 184.4 Million Shares vehicle for funder, in public parent, in private Canadian subsidiary, or in Singaporean subsidiary Mineral Energy Subsidiary Subsidiary $$First Revenue$$ Carbon Gas Capture of Emissions, EnerCam Exploration Ang
Slide 3: Core Facts
CORE FACTS CANADA BURN RATE: $23,200 USD / month CAMBODIA BURN RATE: $33,000 USD / month Funded by third party partners OUTSTANDING SHARES: 184.4 Million Over 40% held by management with regular insider buying 3
Slide 4: About Angkor Resources
ABOUT ANGKOR RESOURCES…. ▪ Canadian company private from 2009-2011, then public Oct. 2011 ▪ Been active in Cambodia for 14 years ▪ Recognized at the UN for sustainability in natural resources and community development ▪ Global expertise in minerals and oil & gas energy ▪ Set national standards for C
Slide 5: The Three Mineral License Assets
THE THREE MINERAL LICENSE ASSETS…
Slide 6: Drill Ready Targets – Gold on Oyadao North & Andong Meas
DRILL READY TARGETS – GOLD on OYADAO NORTH & ANDONG MEAS Oyadao North License - directly north of Phum Syurung Mine Site, where drilling results 16 gpt for 4.5 metres Andong Meas License - Up to 70 gpt surface samples - .8 kms wide and 1.5 kms N to S
Slide 7: Why Cambodia??
WHY CAMBODIA?? ▪ No foreign ownership restriction, own 100% of project ▪ No free carry project requirement ▪ Geo-political risk is low – predictable, secure, safe ▪ Government wants to buy the production offtake at world price, providing market demand well in advance ▪ Infrastructure in place (hydro
Slide 8: Immediate Energy Opportunities
IMMEDIATE ENERGY OPPORTUNITIES Block A Offshore - Infrastructure in place - Drilling platform 6 wells Block VIII Onshore - Production barge - Signed, approved, ready to go - Produced 297,000 barrels - Sedimentary basin - Light, sweet crude - Some existing seismic - Government owns asset - Avoid all
Slide 9: Block VIII
ONSHORE BLOCK VIII… - Signed Exploration Agreement and Production Sharing Agreement - Ready to explore & develop in phased approach when funding is confirmed - 30-year agreement with renewal options - 7300 square kilometers - Block VIII borders export port and has express highway to capital
Slide 10: Why Hydrocarbons... Why Block VIII...
WHY HYDROCARBONS... ✓ Cambodia imports ALL its LPG, diesel, gas, oil… the country demands its own production asap ✓ Globally, hydrocarbons still provide 84% of the world’s energy ✓ Asia comprises 82% of the World’s increasing demand for energy due to population growth and development WHY BLOCK VIII.
Slide 11: Onshore Potential
ONSHORE POTENTIAL ❖ EnerCam has identified and sampled numerous oil seeps on Block VIII. Testing results from Schlumberger on the oil seeps confirm the presence of surface hydrocarbons ❖ If gas is produced, we convert it to power ❖ If oil is produced, we pump it to tank and transport by truck ❖ Pote
Slide 12: Directional & Multi-Lateral Drilling
DIRECTIONAL & MULTI-LATERAL DRILLING CHANGING THE DYNAMICS OF PRODUCTION - As an everyday practice in drilling and recovery across North America, drilling technology and innovation advances production and increases value in multiples.
Slide 13: Return on Investment Onshore
RETURN ON INVESTMENT ONSHORE 3 - 5 YEAR PLAN (On $25 - $30 Million USD Investment) Proceeds Used to Prove a +20 million barrel resource on Block VIII $3.1 Million USD for Seismic Purchase, Analysis & Magnetics, Additional YEAR 1 Geological and Geophysical Interpretation YEAR 2 $3.2 Million for 3-D S
Slide 14: Relationships
RELATIONSHIPS Ministry of Mines Prime Minister Village Leaders & Energy of Cambodia BUILDING RELATIONSHIPS AT ALL LEVELS OF COMMUNITY AND GOVERNMENT
Slide 15: Relationships
RELATIONSHIPS CRADLE-TO-GRAVE AGREEMENT INDIGENOUS COMMUNITIES Working with Indigenous and Local Communities at All Times NATIONAL PRECEDENT
Slide 16: EnerCam Experience
ENERCAM EXPERIENCE EnerCam Resources Corp. (Cambodia) • Veteran participants in exploration including reservoir specialists, geophysicists, geologists, and production engineering, commissioning and operating • Started researching onshore oil licences in 2012, Block VIII as the most prospective onsho
Slide 17: More EnerCam Experience
MORE ENERCAM EXPERIENCE CANADA & NORTH AFRICA: OIL & GAS PRODUCTION • 18 Months Construction • 75,000,000 Cu.Ft/Day Gas Production • 100,000 Barrels of Oil per Day • $110 million USD Facility Cost CANADA & NORTH AFRICA: POWER PRODUCTION • 12 Months Construction • 42-Megawatt Production • $40 million
Slide 18: Offshore Block A
OFFSHORE BLOCK A… A Near-Future Bonus Opportunity
Slide 19: Offshore Project So Far
OFFSHORE PROJECT SO FAR… Late 2021 Kingdom of Cambodia takes ownership of offshore platform in Block A after previous operator, Kris Energy, goes bankrupt. The platform had 6 wells drilled, with 5 producing Dec 2022 - Cambodian Government asks EnerCam to research possibility of restarting production
Slide 20: Block A Team
BLOCK A TEAM OFFSHORE INSPECTIONS 2022-2023 Getting Ready to Board Production Barge and Drilling Platforms
Slide 21: Block A Team
BLOCK A TEAM Checking Production Components and Wellhead Pressure
Slide 22: Concurrently in Canada
CONCURRENTLY IN CANADA… Carbon Capture & Gas Capture Solutions in Production Fields
Slide 23: EnerCam Activity in Canada (Onshore)
ENERCAM ACTIVITY IN CANADA (ONSHORE) • Started with 30 well sites over 516 hectares, all shut in since 2018 due to low oil prices and poor management • Applied for well restarts then upgraded & refurbished wells one at a time. • Able to produce and collect oil and separate and remove the water and g
Slide 24: Fast Track Production
FAST TRACK PRODUCTION Wells collect oil in 1000 BBL tanks. EnerCam then collects gas from sites like this for producing natural gas
Slide 25: Cleaner Fuel, Faster Cashflow, Environmental Solutions
CLEANER FUEL, FASTER CASHFLOW, ENVIRONMENTAL SOLUTIONS WHY NATURAL GAS?? Capture production gas emissions in a producing field, transfer through pipeline, dehydrate, process and convert to clean natural gas energy... Then sell domestically into Canadian Energy distribution
Slide 26: Angkor Delivers
ANGKOR DELIVERS… Delivered: - Two recurring cashflows with two more in the works - Partnerships on mineral plays with a 20% carried interest, ready for drilling to prove a resource - Joint venture opportunity for Cambodia’s first onshore O & G, funded by partner, PSC complete - Joint venture for Cam
Slide 27: So What Will You See From Angkor to Provide Value?
SO WHAT WILL YOU SEE FROM ANGKOR TO PROVIDE VALUE? …. FOUR WAYS: ✓ Fund and Prove Onshore Oil Resource, give Cambodia its own O & G energy, e.g. 15 million barrels or more – translates to > $1.125 billion, even at 10% as it is in the ground, that is $112.5 million USD ✓ Drill to prove a resource on
Slide 28: Delivering Sound Solutions in Niche Markets
• Traditional energy – oil and gas • Gold and copper mineral development • Carbon solutions • ======================== DELIVERING SOUND SOLUTIONS IN NICHE MARKETS Delayne Weeks, CEO dw@angkorresouorces.com +855 (15) 828 266, +1 780 831 8722 www.angkorresources.com
Angkor Resources — Investor Presentation (October 2024) on 6ix