Indocan Resources Inc. (IDCN)

[kmp9643]

Flying A pr's the news as well, going to test the 52 week high.

2007-01-29 09:24 ET - News Release

Mr. Nash Meghji reports:

FLYING A PETROLEUM COMPLETES THE PROPHET RIVER D-60-E/94-G-15 EXPLORATORY WELL

Vancouver, British Columbia - January 29, 2007 - Flying A Petroleum Ltd. ("the Company") - The Company announces the Prophet River d-60-E/94-G-15 well has been successfully completed.

After perforating and a coiled acid wash, the Mississippian reservoir yielded an initial unstabilized gas flow of up to 7.943 MMcf.d. Pressure recorders are currently in the wellbore to determine pressure buildup while the well is shut in and provide insight into the scale of this new Mississippian discovery. The pressures and gas returns, coupled with known seismic and geological data suggests likely communication between d-60-E and the d-1 9-E Dome well (flow tested 9 MMcf.d.) five kilometers to the southeast as well as the Unocal-Suncor d-65-L (flow tested 10.779 MMcf.d.) approximately 24 kilometers to the South of d-60-E. The seismic also suggests this gas charged reservoir extends to the northwest.