Replies to post #43744 on Indocan Resources Inc. (IDCN)

[bewildered]

Good Answer!

[Oceanfreedom]

Question? Has any Drilling Taken place in PA? Thanks

Indocan Resources Commits to Oil & Gas Play

MISSOULA, Montana, March 5 -- The Board of Directors of Indocan Resources, Inc. (OTC: IDCN) announces that our Oil Patch efforts are moving forward nicely. We have committed to 50% of an Oil & Natural Gas project in Pennsylvania whereby our Indocan Resources Oil & Gas LP will invest with funds from our investors, the Limited Partners, up to $593,000 in a twenty well plan that yields 60% NRI to us. These wells will co-produce oil and gas. Surrounding area wells are producing with a zero water cut and we expect the same. Drilling should commence in April with cash flow to begin in July if all is on schedule.

[Hardwood]

I like the forward looking-ness in that statement!

[iblong2]

It looks like all the sellers are just about gone, since there is no dilution, all we need is some good news and this should run hard. Any idea when Jeffrey will stop flying around the world on our dime and actually do something for the company and its shareholders?