Momentum Players

[CCash]

IDCN news! - .0041 .0042

Indocan Resources Makes Payment to Sunray Oil
(PR Newswire 05/23 11:20:08)

NEW YORK, May 23 /PRNewswire-FirstCall/ -- The Board of Directors of
Indocan Resources Inc (OTC: IDCN) reports today that the Company has made the
first payment due in accordance with an agreement entered into with Sunray Oil
of Dallas, Texas to acquire interests in two different properties.
The Agreement called for $150,000 to be paid by Friday, May 26 and we have
done so as of today. The Oil and Gas Lease Sales Purchase Contract involves
the purchase of two properties. The Properties are located in Taylor and
Wichita Counties, Texas and are commonly known as the Abilene Project, and the
Waggoner Estate Project.
More can be learned at the Company website: www.indocan.com.
We seek "Safe Harbor"

Company Info: 604-929-7224 Jeffrey R Bruhjell, president
CONTACT: Investor Relations, Ken Ash 252-728-2925.
SOURCE Indocan Resources, Inc.


Contact Information:
Jeffrey R Bruhjell, president of Indocan, [phone], or investors, Ken Ash, [phone], for Indocan

WebSite:
http://www.indocan.com/

S.PN IDCN NY.PN TX.PN OIL.PN OTC.PN TNM.PN