Indocan Resources Instructs Thai Lawyers

Share Name	Share Symbol	Market	Type
Indocan Resources Inc (CE)	USOTC:IDCN	OTCMarkets	Common Stock

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Indocan Resources Inc (CE)

USOTC:IDCN

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Common Stock

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Indocan Resources Instructs Thai Lawyers

14/10/2005 5:48pm

PR Newswire (US)

Indocan Resources (CE) (USOTC:IDCN)
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BANKOK, Thailand, Oct. 14 /PRNewswire-FirstCall/ -- Indocan Resources Inc (OTC:IDCN) today announces that following the successful issuance of 26.4 Billion Baht (645 million USD) of oil fund bonds of the Energy Fund Administration Institute (EFAI) it has retained local law firm K-Law (http://www.knightsbridgelaw.com/) to represent and register a One Billion Baht ($25m USD) Bond issue. The Law Firm is currently in talks with an underwriter and is preparing the appropriate registration documents. Indocan president Jeffrey R Bruhjell said, "We have allocated $5 million for our Texas/Oklahoma commitments and $10 million for wells to be drilled in the gas fields of Alberta along with $5 million for oil wells in western Canada. We will earmark the remaining $5 million for exploration work in Cambodia." More information is available at http://www.indocan.com/. Company Info: +1-604-929-7224, Jeffrey R Bruhjell, president CONTACT: Investor Relations, +662-343-1631 DATASOURCE: Indocan Resources Inc CONTACT: Investor Relations, +1-662-343-1631, or Jeffrey R Bruhjell, president, +1-604-929-7224, both of Indocan Resources Inc Web site: http://www.indocan.com/

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IDCN Indocan Resources Inc (CE)