Angkor Resources Corp. announced the operation of natural gas/carbon capture increased to over 450,000 cubic feet/day in March 2023 at its gas capture project (the "Project") in Evesham, Saskatchewan. Initiated in January and amid a cold winter start to the Project, the abundant snow and sub -30o C temperatures complicated tying oil production wells into the gas conservation facilities.

However, gradually adding carbon emission natural gas into the pipeline continued and March production delivered consistent numbers processing an average of 477,000 cubic feet/day (477 MCF). The Project has current capacity up to three million cubic feet per day, but each wellsite requires a pipeline to connect to the gas capture facility site where dehydration and compression takes place. The Company targets 500 MCF/day as a base and will continue to work with the operating partners of the project, Eyehill Creek Exploration Ltd. to expand the collection and processing of carbon emissions into the provincial natural gas sales pipelines.

The Project receives 40% of the net sales proceeds after payback of the EnerCam investment of $344,000 (with 80% of proceeds until repayment) and is dependent on the spot price of natural gas, which has ranged from $2.65 - $7.10 CAD/GJ over the past 12 months. Payback of the investment is estimated at 12-18 months if gas prices remain as low as today's gas prices of $3.00 CAD/GJ.