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Pastimes : The Big Tex House of Coin

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From: MNFATS10/14/2005 4:06:14 PM
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This is for TEX

IDCN news - Indocan Resources Instructs Thai Lawyers [FMWKWDB]

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 (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 www.indocan.com.

Company Info: +1-604-929-7224, Jeffrey R Bruhjell, president

CONTACT: Investor Relations, +662-343-1631

SOURCE Indocan Resources Inc

Investor Relations, +1-662-343-1631, or Jeffrey R Bruhjell, president, +1-604-929-7224, both of Indocan Resources Inc 14Oct05 15:48 GMT
Symbols: us;IDCN
Source PRN PR Newswire
Categories: NWI/OIL NWI/OTC NWS/LAW MST/I/MKT MST/I/OIL MST/L/EN MST/R/TH MST/S/LWS TGT/PRX

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