Indocan Resources Management Visits Texas

DALLAS, May 31  /PRNewswire-FirstCall/ -- The president of Indocan Resources Inc (OTC:IDCN) has been meeting all this week with Sunray Oil Company in Dallas, Texas. Indocan Resources has recently announced its investment in certain oil properties at Abilene, TX though Sunray Oil.

The #1 well at Abilene has been completed and is producing around fifty BOPD. #2 well starts completion today with an estimated production of slightly less than the first well.

Wells three and four have the greatest potential as they will be drilled on the area considered to be the formation dome. Sunray Oil Operations Manager, Larry Stiles said, "We recently acquired the leases from the rancher that was holding out that gives us the acreage over the main formation; we should make two excellent wells on that site."

The #1 well location is close to the border of this new acreage and flowed 120 BOPD when first opened. Although currently choked back, it will be slowly increased over the next nine months. We have high hopes that wells #3 & #4 at Abilene will be as good as or better than #1. Drilling at #3 will commence within the month.

Indocan has interests in Texas, Oklahoma, British Columbia and Alberta in both crude oil and natural gas production. More information can be learned by visiting our 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 investors, Ken Ash, [phone]



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

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