Indocan Resources Makes Payment to Sunray Oil

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, [phone], or

investors, Ken Ash, [phone], for Indocan



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

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