This is the PR in which IDCN announced Prestige ASIA agreement.
INDOCAN RESOURCES ENGAGES PRESTIGE PROCUREMENT FOR INVESTOR RELATIONS AND EXPANDS INTO ASIA
Bangkok, Thailand October 4, Indocan Resources Inc (OTC: IDCN) today announces it has entered into an agreement with Prestige Procurement and Networking Services (Prestige) (www.prestigeasia.com). Indocan has engaged Prestige to manage their Investor Relations programs from Bangkok, Thailand and also assist with its expansion in Asia. Indocan Resources is invested in oil and natural gas production in Texas and Oklahoma and Prestige will open up the Asian energy supply market for us. Prestige will also introduce financial investment to the Company. “The increasing worldwide need for energy is driving the countries in Asia to conserve on usage” Sutida Suwunnavid, the President of Prestige said, “but at the same time we strive to supply more energy for our nations’ interests and commercial development and trade. Our partners’ group in the petrochemical refining industry and Indocan are in discussions with a Middle East energy source to supply the Independent Power Plant in the region.”
Electricity Generating Authority of Thailand (EGAT) presently builds, owns and operates several types and sizes of power plants across the country with a combined installed capacity of 15,035.80 MW, accounting for about 59 percent of the country's 25,646.99 MW generating capacity. EGAT also purchases electric power from private power companies (that are mostly Oil dependant) and neighboring countries. EGAT develops, owns and operates the national transmission network which boasts one among the most reliable and efficient in the region. Today EGAT is demonstrating the new trends of energy being supplied in Asia.
Indocan Shareholders are encouraged to register in the Royal Prestige Program at: www.prestigeasia.com to take part in offers that include luxurious travel to being updated on investment news and assisted on making investment decision.
