Indocan Resources Completes Down Payment to Sunray Oil

DALLAS, May 25  /PRNewswire-FirstCall/ -- 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: http://www.indocan.com/
  We seek "Safe Harbor"

  Company Info: [phone] Jeffrey R Bruhjell, president
  CONTACT: Investor Relations, Ken Ash [phone].


DATASOURCE: Indocan Resources, Inc.



CONTACT:  Jeffrey R Bruhjell, president of Indocan Resources, Inc.,

[phone]; or Investor Relations, Ken Ash, [phone], for Indocan

Resources, Inc.



Web site:  http://www.indocan.com/

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