Indocan Resources Inc. (IDCN)

[kmp9643]

Flying A hires Breakout for investor relations
2007-02-23 17:37 ET - News Release

Mr. Nash Meghji reports

FLYING A PETROLEUM ENGAGES INVESTOR RELATIONS CONSULTANT

Flying A Petroleum Ltd. has entered into a service agreement with Breakout Capital of 227-119 W. Pender St., Vancouver, B.C. Breakout is a public relations firm for small- and medium-sized public companies with Shams Patel as director.

Breakout will provide investor relations advisory services to the company, including but not limited to, disseminating corporate information, establishing a profile of the company with retail's, financial and institutional investors.

In consideration for their services, as described above, the company will pay Breakout a fee of $5,000 per month for a term of 12 months, renewable after six months, commencing on March 1, 2007. Any out-of-pocket expenses will be itemized separately and invoiced to the company on a monthly basis. Written approval from the company will be required for any expenses greater than $500. The company will also issue up to one million options to acquire up to one million shares at a price to be determined when the options are set.