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Indocan Resources Completes Down Payment to Sunray Oil




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Thu May 25 09:27:45 2006 EDT
DALLAS, May 25, 2006 /PRNewswire-FirstCall via COMTEX/ --
The Board of Directors of Indocan
Resources Inc (OTC: IDCN) reports today that the Company has made the final
portion of the down payment due in accordance with an agreement entered into
with Sunray Oil of Dallas, Texas, to acquire interests in two different
properties.
The Agreement calls for another $100,000 to be paid by Friday, June 2nd,
and we have done so as of today. Company president, Jeffrey R Bruhjell, said,
"This gives us an absolute interest in the properties, we cannot lose them
now."
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: [phone] Jeffrey R Bruhjell, president
CONTACT: Investor Relations, Ken Ash [phone].
SOURCE Indocan Resources, Inc.
Jeffrey R Bruhjell, president of Indocan Resources, Inc., [phone];
or
Investor Relations, Ken Ash, [phone], for Indocan Resources, Inc.
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