Indocan Resources Makes Payment to Sunray Oil
May 23 2006 - 1:20PM
PR Newswire (US)
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: http://www.indocan.com/. We seek "Safe Harbor" Company
Info: 604-929-7224 Jeffrey R Bruhjell, president CONTACT: Investor
Relations, Ken Ash 252-728-2925. DATASOURCE: Indocan Resources,
Inc. CONTACT: Jeffrey R Bruhjell, president of Indocan,
+1-604-929-7224, or investors, Ken Ash, +1-252-728-2925, for
Indocan Web site: http://www.indocan.com/
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