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    IDCN NEWS 1 Million Dollar Deal - 500 Beiträge pro Seite

    eröffnet am 18.05.06 18:51:06 von
    neuester Beitrag 16.05.07 18:28:17 von
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    ID: 1.061.060
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    ISIN: US45577R1086 · WKN: 927009 · Symbol: IDCN
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      schrieb am 18.05.06 18:51:06
      Beitrag Nr. 1 ()
      Indocan Resources Signs One Million Dollar Deal With Sunray Oil
      May 18, 2006 12:30:00 PM
      BEAUFORT, N.C., May 18 /PRNewswire-FirstCall/ -- The Board of Directors of Indocan Resources Inc (OTC: IDCN) announces today that the Company has entered into an Oil and Gas Lease Sales Purchase Contract with Sunray Oil of Dallas, Texas, to acquire interests in two different properties. The Properties are located in Taylor and Wichita Counties, Texas, and are commonly known as the Abilene Project and the Waggoner Estate Project, described as follows:

      Abilene Project

      3200 +/- Acres, Taylor County, Texas, 15% Working Interest (11.25 % Net Revenue Interest) Purchase Price $250,000 USD. Sunray will drill and complete two (2) wells to the depth of 2,800' for the "Turnkey Price" of $250,000 USD. Indocan will additionally have the "First Right of Refusal" for further participation in additional wells at the rate of cost plus 20%.

      Waggoner Estate Project

      880 Acres, Wichita County, Texas, 15% Working Interest (11.25 % Net Revenue Interest) Purchase Price $750,000 USD. Sunray will drill and complete a minimum of five (5) wells and as many additional wells as needed to obtain a minimum production volume of 500 BOPD and re-work and/or re-complete all eighty-four (84) existing wells to maximize production for the "Turnkey Price" of $750,000 USD.

      The total purchase price of $1,000,000 for the 15% Working Interest, (11.25 % (NRI) Net Revenue Interest) is payable as follows: Sunray acknowledges that Indocan will raise the money (on a best efforts basis) to fund this Oil and Gas Lease Sales Purchase Contract and Sunray will accept payments of various amounts. The payments will be applied toward the purchase of the Abilene Project 1st, Waggoner Estate Project 2nd. Indocan will pay $150,000 on or before May 26, 2006, and a make a payment of $100,000 on or before June 2, 2006. Indocan agrees to have the balance $750,000 paid to Seller by July 31, 2006.

      The 15% WI of the Oil and Gas Projects for $1,000,000: (a). It is agreed that the percentages of the Property will be conveyed by recordable Assignment and Transfer Deed. (b). Sunray warrants to Indocan that there will be no existing debts, liens, or other encumbrances against said Property. Sunray additionally warrants that all federal taxes, payroll withholding taxes, federal income taxes, state franchise taxes, and all city and county taxes are current. (c). Indocan will pay for: recordation of deed and prorated share of prepaid insurance, taxes, and interest, if any. (d). Each party will be responsible for his attorney's fees and costs.

      Assignment will be made for each Property after Indocan has purchased that Property. If Indocan fails to perform by the terms and conditions set forth in this contract within the time limits set forth herein, Indocan shall own only the percentage in each Property that has been purchased. Sunray will operate the Property and will issue a standard operating agreement (A.A.P.L. Form 610- 1982).
      Avatar
      schrieb am 18.05.06 18:59:22
      Beitrag Nr. 2 ()
      Antwort auf Beitrag Nr.: 21.646.989 von oski am 18.05.06 18:51:060.0041 plus 40% 193'838'447
      Avatar
      schrieb am 18.05.06 19:50:00
      Beitrag Nr. 3 ()
      0.0047 plus 62%
      Avatar
      schrieb am 18.05.06 22:43:12
      Beitrag Nr. 4 ()
      Antwort auf Beitrag Nr.: 21.646.989 von oski am 18.05.06 18:51:06Volume: 346,516,320
      $ Volume: $1,364,186
      Trades: 1,319
      Avatar
      schrieb am 19.05.06 08:22:28
      Beitrag Nr. 5 ()
      IDCN: Steve Forbes tomorrow on Traders Nation Television -- Steve Forbes Talks with Traders Nation

      May 18, 2006 17:10:01 (ET)


      PHOENIX, May 18, 2006 (BUSINESS WIRE) -- Traders Nation Network and Traders Nation(TM), the largest syndicated "live" radio and television talk show for smallcap stocks under the parent company of Desert Son Media Corp., is excited to present Steve Forbes, president and CEO of Forbes Inc., editor-in-chief of Forbes Magazine, and Republican candidate for president, 1996 and 2000, Friday, May 26, on Traders Nation(TM). Topic: "Flat Tax Revolution." Viewers on the Internet can see Traders Nation(TM) Television and guests at 11:06 a.m. ET -- http://www.tradersnation.com/television.shtml, Channel 1, or http://www.tradersnation.com/radio.shtml for the radio feed.

      Trading Spotlight

      Anzeige
      Rallye II. – Neuer Anstoß, News und was die Börsencommunity jetzt nicht verpassen will…mehr zur Aktie »
      Avatar
      schrieb am 21.05.06 19:51:55
      Beitrag Nr. 6 ()
      könnte sein das es bald ein 1000% wird

      Bellwether Report mentions IDCN

      Indocan Resources Inc. Quick Quote: IDCN 0.00 (-0.00)

      bellwetherreport.com: The Bellwether Report takes a look into Indocan Resources Inc
      5/19/2006

      May 19, 2006 (M2 PRESSWIRE via COMTEX News Network) --
      Indocan Resources Inc (OTCPK:IDCN), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscriber's cutting edge research tools, and second to none customer service.

      Indocan Resources Inc holder of interests in Texas, Oklahoma, British Columbia and Alberta in both crude oil and natural gas production announced yesterday that the Company has entered into an Oil and Gas Lease Sales Purchase Contract with Sunray Oil of Dallas, Texas, to acquire interests in two different properties.

      The Properties are located in Taylor and Wichita Counties, Texas, and are commonly known as the Abilene Project and the Waggoner Estate Project The Abilene Project is 3200 +/- Acres, Taylor County, Texas, 15% Working Interest (11.25 % Net Revenue Interest) Purchase Price $250,000 USD. Sunray will drill and complete two (2) wells to the depth of 2,800' for the "Turnkey Price" of $250,000 USD. Indocan will additionally have the "First Right of Refusal" for further participation in additional wells at the rate of cost plus 20%.

      The Waggoner Estate Project is a 880 Acres, Wichita County, Texas, 15% Working Interest (11.25 % Net Revenue Interest) Purchase Price $750,000 USD. Sunray will drill and complete a minimum of five (5) wells and as many additional wells as needed to obtain a minimum production volume of 500 BOPD and re-work and/or re-complete all eighty-four (84) existing wells to maximize production for the "Turnkey Price" of $750,000 USD.

      The total purchase price of $1,000,000 for the 15% Working Interest, (11.25 % (NRI) Net Revenue Interest) is payable as follows: Sunray acknowledges that Indocan will raise the money (on a best efforts basis) to fund this Oil and Gas Lease Sales Purchase Contract and Sunray will accept payments of various amounts. The payments will be applied toward the purchase of the Abilene Project 1st, Waggoner Estate Project 2nd. Indocan will pay $150,000 on or before May 26, 2006, and a make a payment of $100,000 on or before June 2, 2006. Indocan agrees to have the balance $750,000 paid to Seller by July 31, 2006.

      Following the announcement, shares of Indocan Resources Inc took a significant dive fallowing over 18.0% on huge volume of already 60 million shares. I feel that this company has obviously strengthened their long-term outlook giving this cheap company a lot more potential in their future. The BWR Research Team will continue to follow the market sentiment on this company and numerous others.


      For a pinksheet stock, this is about as good as it gets. I may be changing my tone from short term investor to mid or long term. This stock could be worth a lot in a very short time.
      Avatar
      schrieb am 22.05.06 07:32:59
      Beitrag Nr. 7 ()
      guten tag und auf eine schöne erfolgreiche woche:D
      OMG****** Southendstockpickers pickes IDCN again with a higher price target $0.05

      AT SouthEndStockPickers, we're focusing solely on undervalued Nasdaq stocks that we feel will return potential profits of 500%+ in 1 to 3 weeks.


      We feel this stock pick is very UNDERVALUED!
      This Company is a SLEEPING GIANT ready to be AWOKEN.

      Because of Newer Bigger Devolpements and Huge Enormous Potential.SouthEndStockPickers picked (IDCN) Indocan Resources for the second time.We have set a new price target of $0.05








      Stock Alert! = Indocan Resources,Inc.
      Ticker Symbol = IDCN
      Sector: Basic Materials
      Industry: Business Services & Oil & Gas
      Website = www.indocan.com
      Short Term Target Price = $0.05
      Disclosure = We Own Shares
      Recommendation = MEGA BONUS BUY !!!


      Information To Consider

      1.Indocan Resources Signs One Million Dollar Deal With Sunray Oil Thursday May 18, BEAUFORT, N.C.
      The Board of Directors of Indocan Resources Inc (OTC: IDCN - News) announces today that the Company has entered into an Oil and Gas Lease Sales Purchase Contract with Sunray Oil of Dallas, Texas, to acquire interests in two different properties. The Properties are located in Taylor and Wichita Counties, Texas, and are commonly known as the Abilene Project and the Waggoner Estate Project.

      2. US independent, Indocan Resources is the latest company to have its exploration appetite whetted by Cambodia’s prospectivity. The company has applied for two exploration areas – one coastal site in the far south of the country and another about three miles offshore of it. Indocan wants to perform satellite imaging and drill on the acreage once it gets the green light from the Cambodian government. Industry interest in exploration has been rekindled by Chevron’s success in offshore Block A where the company notched up five hydrocarbon discoveries – four oil and one gas - from the six wells it has drilled. Sources earlier said that Block A and Cambodia’s offshore waters were likely to be gas-prone although estimated pre-drill recoverable reserves for 400 million barrels of oil were touted for block A.

      3.Sunray Oil's Abilene Project, which is situated about ten miles northeast of Abilene, Texas, recently produced a "gusher." "We just completed the first well of the Abilene Project, and it flowed more than 250 barrels of oil in the initial 48 hours," says Keith Alexander, president and CEO of Sunray Oil Company, Inc. (www.sunrayinvestment.com ). Noting that Sunray's investors are ecstatic about their return on investment, he continues, "We choked it back so that it would produce only 50 barrels a day (BOPD) in order to prolong the life of the well. A reserves study shows that this well should produce in excess of 55,000 barrels of oil."

      4.Sunray Oil Company, Inc. has acquired various leases in the East Merkel Area of northern Taylor County, Texas approximately 10 miles northwest of Abilene. The leases are located within a 55 square mile 3D seismic shoot that has identified at least 12 drill sites on the acreage. Once the 3D seismic has been evaluated for deeper horizons, it is anticipated that an additional 100 drill sites may be evaluated on acreage within the shoot area.

      5.Indocan Renews With Stock Charter Group British Columbia, today announces that the Company has renewed its Investor Relations Agreement with Stock Charter Group. Stock Charter Group is a full service international investor relations company advising and assisting clients in all facets of investor relations including corporate finance projects. Stock Charter Group's office is located in North Carolina. Stock Charter Group and its principals currently hold a beneficial interest in shares of the Company.


      5.RESERVES Total Reserves are estimated to be 4,931,800 net barrels having a combined future net revenue of an estimated $150,631,000 during the remaining productive life range of approximately 17 to 25 years.



      ALERT ALERT With the amount of estimated oil reserves 4,931,800 and estimated $150,631,000 A buyout or merger might be on the horizon from one of the
      Big Oil Players

      ACCUMULATION ACCUMULATION.........is the Key Word
      Avatar
      schrieb am 22.05.06 20:42:53
      Beitrag Nr. 8 ()
      Antwort auf Beitrag Nr.: 21.646.989 von oski am 18.05.06 18:51:06Received e-mail from JB this AM


      Yes, there will be news tomorrow.

      -----Original Message-----
      ]
      Sent: Monday, May 22, 2006 11:49 AM
      To: Jeffrey Bruhjell
      Subject: idcn

      Jeffery, Last time I e-mailed you you said the stock is doing
      great(higher lows) today will probably be different. Any pr's in the
      works?. Mark P.S. happy Victoria Day!
      Avatar
      schrieb am 23.05.06 18:26:56
      Beitrag Nr. 9 ()
      Tuesday, May 23 2006 12:20 PM, EST

      --------------------------------------------------------------------------------

      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.

      SOURCE Indocan Resources, Inc.

      Contact Information: Jeffrey R Bruhjell, president of Indocan, +1-604-929-7224, or investors, Ken Ash, +1-252-728-2925, for Indocan

      WebSite: http://www.indocan.com/
      Avatar
      schrieb am 25.05.06 18:31:54
      Beitrag Nr. 10 ()
      Indocan Resources Completes Down Payment to Sunray Oil
      May 25, 2006 9:26:00 AM
      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.
      Avatar
      schrieb am 25.05.06 18:33:04
      Beitrag Nr. 11 ()
      IDCN VALUATION ---

      IDCN simple evaluation **look at this**

      According to the latest PR's and verified by phone calls:

      Abilene production guaranteed to be a minimum of 500 BOPD (barrels of oil per day) with a nominal of 1000 BOPD and add the estimate from the adjacent properties and Waggoner of an additional 500 BOPD conservative gives a daily production of 1500 BOPD.

      1500 BOPD X $70 per barrel = $105,000 per day X 365 = $38,325,000 annual revenue.

      IDCN has 15% revenue rights so X .15 = $5,748,750

      Oil companys price per annual revenue averages about 9X but let's use 7X because they are a startup.

      7 X $5,748,750 = $40,241,250

      Take that by the float of 963,262,337 as of 2006-05-10

      = 0.0417 cents per share for a stock that is trading at .0025

      That to me folks is a slam dunk!
      Avatar
      schrieb am 20.06.06 19:04:44
      Beitrag Nr. 12 ()
      Starke NEWS :eek:
      NEWS.ABILENE, Texas, June 20, 2006 /PRNewswire-FirstCall via COMTEX/ -- Indocan Resources Inc (OTC: IDCN) reports our oil partner and driller Sunray Oil Company has Spudded Abilene #3 well. Target depth on this hole is 2850 feet and they expect to TD the well in five days or so. The leases contain several anticlines (buried hills) that are similar to known producing structures in the area. Some channel sands were also indicated on the southern portion of the leasehold area. These were discovered as a result of the 3D seismic. The leases are located in the vicinity of one of the most prolific fields in the county known as the Reddin Field (cumulatives in excess of 10,000,000 barrels of oil since discovery in the early 1900s). Our geologists believe that the dome of the formation is located under what will be wells #3 & #4.
      In this area, production has occurred from more than 10 zones down to a depth of 2600 feet. Wells on the McCoy leases had initial potential of over 100 barrels of oil per day (BOPD) on the average with some wells having initial production rates exceeding 1000 BOPD. Most of these wells flowed for over 5 years and 20 years later were still producing in excess of 25 BOPD.

      Sunray's Abilene #1 initial flow rate was 125 BOPD and is currently producing 30 to 32 BOPD this will be opened-up a bit after about nine months. The swabbing unit is finishing our #2 Abilene well this week. We'll receive flow reports after that.
      Avatar
      schrieb am 27.06.06 20:16:27
      Beitrag Nr. 13 ()
      Antwort auf Beitrag Nr.: 21.646.989 von oski am 18.05.06 18:51:06Indocan Resources Closes Regulation D Offering
      Jun 27, 2006 9:45:00 AM
      GREAT NECK, N.Y., June 27 /PRNewswire-FirstCall/ -- Indocan Resources Inc (OTC: IDCN) announced today that it has closed its Regulation D, Rule 504 offering and is no longer selling shares of its common stock to accredited investors. A Form D has been filed with the Securities and Exchange Commission, disclosing that the company has raised $850,000 in the offering over the past two months bringing the total to just under $1 million during the past year. The limit to any such offering is $1 million in the trailing twelve months. The Company completed the offering to provide capital for investing in the drilling of oil wells in Texas and other places and to provide working capital to see us through the further funding of a non-dilutive offering of a Limited Partnership where the Company will be the General Partner.
      Avatar
      schrieb am 27.06.06 20:18:18
      Beitrag Nr. 14 ()
      0.0010-0.001 vol.126'230'481
      Avatar
      schrieb am 27.06.06 21:07:45
      Beitrag Nr. 15 ()
      Antwort auf Beitrag Nr.: 21.799.000 von oski am 25.05.06 18:31:54Indocan closes financing under $1-million mark


      2006-06-27 14:54 ET - News Release

      Mr. Jeffrey Bruhjell reports

      INDOCAN RESOURCES CLOSES REGULATION D OFFERING

      Indocan Resources Inc. has closed its Regulation D, Rule 504 offering and is no longer selling shares of its common stock to accredited investors. A Form D has been filed with the Securities and Exchange Commission, disclosing that the company has raised $850,000 in the offering over the past two months bringing the total to just under $1-million during the past year. The limit to any such offering is $1-million in the trailing 12 months. The company completed the offering to provide capital for investing in the drilling of oil wells in Texas and other places and to provide working capital for further financing of a non-dilutive offering of a limited partnership where the company will be the general partner.

      We seek Safe Harbor.
      Avatar
      schrieb am 11.07.06 19:24:41
      Beitrag Nr. 16 ()
      Antwort auf Beitrag Nr.: 21.646.989 von oski am 18.05.06 18:51:06so, es wird zeit zu pushen;)
      0.0013-0.0014 vol.66'345'976:eek:
      abilene 3 steht vor der türe und dan gibts kein halten mehr
      jetzt oder nie
      lernt von mir;)
      Avatar
      schrieb am 11.07.06 20:07:59
      Beitrag Nr. 17 ()
      die 0.0014 wackelt :D
      Avatar
      schrieb am 11.07.06 20:37:42
      Beitrag Nr. 18 ()
      die 0.0015 ist jetzt dran 5 sind drin und einer beim 0.0014;)
      Avatar
      schrieb am 11.07.06 21:38:20
      Beitrag Nr. 19 ()
      Antwort auf Beitrag Nr.: 21.646.989 von oski am 18.05.06 18:51:06zwei sind noch im 0.0015;)
      Avatar
      schrieb am 11.07.06 23:00:47
      Beitrag Nr. 20 ()
      Avatar
      schrieb am 12.07.06 08:26:13
      Beitrag Nr. 21 ()
      morgen
      A: dilution abgewendet
      B: abilene 3 bald abgeschlossen
      (Drilling Expected This Week at Abilene #3

      July 10-Drilling is expected soon at Abilene Number 3. No. 2 is not completed yet as they are awaiting the electricity installation.

      C: es wird vermutet das chinesen an idocan interesse zeigen
      nächste hürde 0.0020 soon:D
      Avatar
      schrieb am 13.07.06 20:04:07
      Beitrag Nr. 22 ()
      Antwort auf Beitrag Nr.: 21.646.989 von oski am 18.05.06 18:51:060.0017 plus 21% vol.108'998'837
      Avatar
      schrieb am 07.08.06 13:05:10
      Beitrag Nr. 23 ()
      August 7--As you know by now, we have to wait for the Federal Court Receiver dealing with the Sunray Oil Company and related parties matter to play out. The next appearance for the Receiver in court is mid-September. Meanwhile we continue to look at several very viable oil and gas projects both in the Texas, Pennsylvania, Ohio, Tennessee and Alberta.

      We are working on a partnership offering that will bring sufficient investment for Indocan to be a player of significant size in certain oil and gas fields. This offering is not Company Common Stock so it is not dilutive and benefits the Company accordingly.
      Avatar
      schrieb am 09.08.06 08:12:38
      Beitrag Nr. 24 ()
      das klingt alles recht schwindlig. bin aber überzeugt, dass früher oder später die aktie der renner werden wird. JB ist ein survivor und abilene wird sicherlich ab mitte september wieder fortgeführt werden. bis dahin sollte man sich ein paar shares einsammeln. und vielleicht gibt's ja schon vorher andere gute nachrichten.
      Avatar
      schrieb am 09.08.06 19:29:15
      Beitrag Nr. 25 ()
      Antwort auf Beitrag Nr.: 23.363.078 von insiderdienst am 09.08.06 08:12:38ja denke ich auch das IDCN ein STRONG BUY wird ,jetzt eindecken;)
      Avatar
      schrieb am 10.08.06 17:12:10
      Beitrag Nr. 26 ()
      Avatar
      schrieb am 29.08.06 18:09:49
      Beitrag Nr. 27 ()
      Indocan Resources Negotiating Oil & Gas Properties
      Aug 29, 2006 6:56:00 AM
      SAN ANTONIO, Texas, Aug. 29 /PRNewswire-FirstCall/ -- The Board of Directors of Indocan Resources Inc. (OTC: IDCN) reports today that the Company is in advanced negotiations to acquire a substantial interest in oil and gas properties with two different companies.

      The Oil and Gas Lease Sales Purchase Contract with an Ohio-based operation involves the purchase of up to fifty percent interest in multi-well sites that plan to rework and re-open existing wells. The other company is Texas based with multiple properties. We have identified one large prospect that has 320 lease acres and plans a 7,000 foot initiative in a field estimated to hold eight million barrels of oil and over 7 billion cubic feet of natural gas.

      Once the agreements are executed a formal announcements will be made to the shareholders with additional details of drilling schedules and estimated reserves from geology reports.
      Avatar
      schrieb am 13.09.06 21:00:00
      Beitrag Nr. 28 ()
      News on Company Projects!

      September 13--We are much closer now to executing agreements with two different parties and have four more serious prospects being evaluated. Flying A, (V.FAB) should be at TD on the gas well in Northern BC this week. It will take at least two weeks for testing and then the results will be told. The report we had from the company is that everything is great.:D
      Avatar
      schrieb am 18.09.06 07:10:32
      Beitrag Nr. 29 ()
      September 18--The drilling at Flying A's northern BC well hit slow going so they expect to be at TD later this week versus what was reported last week.
      Avatar
      schrieb am 24.10.06 09:01:45
      Beitrag Nr. 30 ()
      FLYING A PETROLEUM LTD. RELEASES DRILLING RESULTS OF WINTER 2005/2006 NATURAL GAS EXPLORATION PROGRAM

      Vancouver, B.C. -- Oct. 23, 2006 -- Flying A Petroleum (the "Company") is pleased to announce that a completion rig will be sent to the Prophet River d-60-E/94-G-15 well, in which the Company has a 21.67-per-cent working interest. The company will inform shareholders once it has received notification from the Operator that testing and completion has commenced.

      Flying A Petroleum also announces the release of drilling results for the FET et al. c-36-A/94-G-15 and a-13-B/94-G-15 wells drilled during the winter 2005/2006 drill season. The Company has a 17.5-per-cent working interest in these wells.

      FET et al. Tommy c-36-A/94-G-15

      The FET et al. Tommy c-36-A well was spudded on Dec. 12, 2005, and reached a Total Depth of 1,275 metres on Dec. 19, 2005, within the Triassic Montney Formation. Schlumberger well logs have indicated a (25.7 metres gross) Triassic Halfway Formation sandstone reservoir. This well was perforated over a six-metre interval and after a four-day flow test, the well was shut in (Jan. 9, 2006) with a final rate of 46.73 E3M3 per day (1.65 Million Cubic Feet per day) on a 38.1-millimetre choke. The British Columbia Oil & Gas Commission has confirmed this is a New Pool Discovery. Two offsetting wells have been licensed by the Operator, Focus Energy Trust, for the upcoming 2006/2007 winter drill season and, if successful, these offset wells and c-36-A will be tied in for production late 1st Quarter, 2007.

      FET et al. Trutch a-13-B/94-G-15

      The FET et al. Trutch a-13-B well was spudded on Jan. 20, 2006, and reached a Total Depth of 1,223 metres on Jan. 25, 2006, within the Triassic Doig Formation. Schlumberger well logs have indicated a (24 metres gross) Triassic Halfway Formation sandstone reservoir. This well was perforated and completed by the Operator in the Triassic Halfway Formation and after a five-day flow test, the well was shut in (Feb. 16, 2006) with a final rate of 23.32 E3M3 per day (827.8 Thousand Cubic Feet per day) on a 38.1-millimetre choke. In addition, 18 metres of Triassic Charlie Lake Formation was present and log analysis suggests gas saturation during this interval, although this formation has not yet been perforated or stimulated for testing. This well is not producing at present.

      The a-13-B well is located 5.5 kilometres west-southwest of c-36-A and both are now confirmed Triassic Halfway Formation sandstone reservoirs.

      Bougie Trutch Interest

      Flying A Petroleum has earned a 17.5-per-cent working interest in a total of 26 square miles from the Slave Point formation to the basement and 12 square miles (two earning blocks) from the surface to all zones above the Slave Point. The Company also has a working interest in all other sections within the 26-section (26-square-mile) Bougie Trutch land package.

      Trutch East

      Flying A Petroleum is very encouraged by the aforementioned results and, as such, is currently negotiating a rolling interest in 15 square miles adjoining the eastern boundary of the Bougie Trutch property. This land package, coined Trutch East, lies between the prolific Tommy Lake Field (approximately 157 BCF produced to date and estimates of 400 BCF reserves) and the c-36-A well (1.65 MMCF). Both 2-D and 3-D seismic have been completed on the property and further details will be provided upon completion of the negotiations.

      Thomas W. Bainbridge, PGeol, is the qualified person for this project and has reviewed and verified the contents of this news release.

      For more information on Flying A Petroleum, visit http://www.flyingapetroleum.com.

      The foregoing is subject to regulatory approval where required.

      We seek Safe Harbor.
      Avatar
      schrieb am 29.01.07 15:52:05
      Beitrag Nr. 31 ()
      Flying A pr's the news as well, going to test the 52 week high.

      2007-01-29 09:24 ET - News Release

      Mr. Nash Meghji reports:

      FLYING A PETROLEUM COMPLETES THE PROPHET RIVER D-60-E/94-G-15 EXPLORATORY WELL

      Vancouver, British Columbia - January 29, 2007 - Flying A Petroleum Ltd. ("the Company") - The Company announces the Prophet River d-60-E/94-G-15 well has been successfully completed.

      After perforating and a coiled acid wash, the Mississippian reservoir yielded an initial unstabilized gas flow of up to 7.943 MMcf.d. Pressure recorders are currently in the wellbore to determine pressure buildup while the well is shut in and provide insight into the scale of this new Mississippian discovery. The pressures and gas returns, coupled with known seismic and geological data suggests likely communication between d-60-E and the d-1 9-E Dome well (flow tested 9 MMcf.d.) five kilometers to the southeast as well as the Unocal-Suncor d-65-L (flow tested 10.779 MMcf.d.) approximately 24 kilometers to the South of d-60-E. The seismic also suggests this gas charged reservoir extends to the northwest.
      Avatar
      schrieb am 29.01.07 18:18:56
      Beitrag Nr. 32 ()
      Indocan Renews Investor Relations Contract with Stock Charter Group
      Jan 29, 2007 9:45:00 AM
      BEAUFORT, N.C., Jan. 29 /PRNewswire-FirstCall/ -- Indocan Resources Inc. (OTC: IDCN) today announces that the Company has renewed its Investor Relations Agreement with Stock Charter Group. Stock Charter Group is a full service international investor relations company advising and assisting clients in all facets of investor relations including corporate finance projects. Stock Charter Group's office is located in North Carolina. Stock Charter Group and its principals currently hold a beneficial interest in shares of the Company.

      Indocan Resources has authorized Stock Charter Group to explore financing sources to expand its exposure in various oil production areas, achieve visibility in worldwide markets, maintaining and fostering a new investor base, create a reliable secondary market, and enter into new capital markets. More can be learned about Stock Charter Group at www.stockchartergroup.com -- updated website coming soon.

      Stock Charter Group will receive for their services 40,000,000 stock options -- 5,000,000 exercisable at the price of $0.002, 5,000,000 exercisable at the price of $0.003, 5,000,000 exercisable at the price of $0.004, 10,000,000 exercisable at the price of $0.006 and 15,000,000 at the price of $0.01. The Stock Options will be granted in accordance with the Company's Stock Option Plan and will have vesting provisions attached to it. Stock options will take effect upon the signing of this agreement until the termination of this agreement by either party. This shall be payment for services provided by Stock Charter Group for the next six months. This contract is subject to renewal.

      Indocan has mining interest as well as oil and gas interests in Texas, Oklahoma, Alberta, and British Columbia. More can be learned at www.indocan.com.

      Company Info: 604-929-7224, Jeffrey R Bruhjell, president
      Avatar
      schrieb am 13.02.07 18:29:56
      Beitrag Nr. 33 ()
      Indocan Resources Engages Geologists
      Feb 13, 2007 10:10:00 AM
      QUEENSLAND, Australia, Feb. 13 /PRNewswire-FirstCall/ -- Indocan Resources Inc (OTC: IDCN) today announces it has entered into the evaluation phase of two properties whereby Indocan will engage professional geologists to evaluate the properties and prepare appropriate reports.

      The properties are located in Australia and Wyoming, and Indocan is looking to execute farm in Joint Ventures in each instance. The arrangement would include all normal JV terms and conditions, including processes for JV Committee, voting, representation, accounting principles and other normal and standard provisions. It is envisaged that an appropriate Memorandum of Understanding (MOU) would precede formal agreements.

      That would include preliminary program and budget details for the JV. It is envisaged that a sum in the order of $10 million (USD) would be required in the first earning period of the JV.

      An initial period of one month is envisaged to reach an agreement or otherwise. Either party may terminate the negotiations at any time. Each party will, unless otherwise agreed, bear their own costs. Negotiations are intended to take place mainly in Queensland.

      The Wyoming properties involve the exploration and development of hydrocarbons while the Australian properties involve exploitation of uranium.

      More information is available at www.indocan.com

      We seek "Safe Harbor"

      Company Info: +1-604-929-7224 Jeffrey R Bruhjell, president
      SOURCE Indocan Resources Inc


      Indocan Resources Goes Nuclear
      Indocan Resources Has Found Uranium Opportunities in Australia
      Feb 13, 2007 10:49:00 AM
      VANCOUVER, British Columbia, Feb. 13 /PRNewswire-FirstCall/ -- Indocan Resources Inc. (OTC: IDCN) Indocan Resources has found uranium opportunities in Australia. In addition to our exploration for natural gas and crude oil we have discovered a significant uranium opportunity in the Land Down Under.

      Prices for uranium, used to generate 16 percent of the world's electricity, may rise by a quarter this year as stockpiles of the nuclear fuel decrease and demand is set to rise from reactors being built in China and India.

      Commercial stockpiles of the fuel dropped 50 percent between 1985 and 2003 because mine output could not keep up with demand, according to a September report by the Massachusetts Institute of Technology. Mine expansions may not meet demand, pushing up prices for uranium.

      More information is available at www.indocan.com

      We seek "Safe Harbor"

      Company Info: +1-604-929-7224 Jeffrey R Bruhjell, president
      SOURCE Indocan Resources Inc.



      ----------------------------------------------
      Jeffrey R Bruhjell
      president of Indocan Resources
      +1-604-929-7224
      Avatar
      schrieb am 11.04.07 20:14:29
      Beitrag Nr. 34 ()
      starkes plus heute:lick:
      Avatar
      schrieb am 11.04.07 20:26:38
      Beitrag Nr. 35 ()
      Antwort auf Beitrag Nr.: 28.764.474 von oski am 11.04.07 20:14:29Bin dabei!!! :D:D:laugh:
      Avatar
      schrieb am 11.04.07 20:34:03
      Beitrag Nr. 36 ()
      Antwort auf Beitrag Nr.: 28.764.646 von D.E. am 11.04.07 20:26:38;)
      Avatar
      schrieb am 07.05.07 17:32:34
      Beitrag Nr. 37 ()
      schönes volumen heute;)
      Avatar
      schrieb am 12.05.07 20:00:41
      Beitrag Nr. 38 ()
      ich denke das es nicht mehr lange dauern wird bis es weiter up geht .
      Avatar
      schrieb am 16.05.07 18:28:17
      Beitrag Nr. 39 ()
      NEWS !!!!!!!!!!!!!!!!!!!!!!

      Indocan Resources Projects Update
      VANCOUVER, British Columbia, May 16 /PRNewswire-FirstCall/ -- Indocan Resources, Inc. (OTC: IDCN) has several projects in North America other than the potential in Australia. Last year we invested in three oil wells in Texas, to-date one well has been drilled and is producing 15 to 20 BOPD and the operation is being managed by a court appointed receiver. We look to get this resolved soon. We have a Memorandum of Understanding with an Australian-owned Wyoming-based oil and gas exploration company to joint venture forty or more shallow gas wells.

      Northeastern British Columbia has opportunities and we are looking seriously at the funding and drilling of four shallow gas wells there. This opportunity would give us individual control and not be subject to the decisions of others.

      There are numerous projects in the eastern United States we have been invited to join. Due to the need for capital and the low price of our common stock the Company board of directors has authorized an issuance of preferred shares. We are in talks with potential funding agents to float such an issue and provide much needed capital to avail ourselves of these opportunities.

      A number of stock market groups have expressed interest in our common stock trading and have been accumulating our shares based on the potential for our Company once we have suitable funding and the projects are producing.

      Company president, Jeffrey R Bruhjell says 'we are very close to putting this all together and should have a successful 2007 and years to come'.

      Indocan Resources is a junior oil and gas exploration and development company with primary interests in the United States and Canada.

      We seek 'Safe Harbor'

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

      Investor Relations Indocan Resources, Inc.: Ken Ash +1 252 728 2925

      SOURCE Indocan Resources, Inc.


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