Indocan Resources Appoints New Board Member, Updates Bond Issue
03 November 2005 - 6:10AM
PR Newswire (US)
BANGKOK, Thailand, Nov. 2 /PRNewswire-FirstCall/ -- Indocan
Resources Inc. (OTC:IDCN) is pleased to announce its newly
appointed member of the Board of Directors, Sutida Suwunnavid of
the Knightsbridge Group. Lawyers for our subsidiary, Indocan of
Thailand have prepared the necessary filings and will lodge them
with the Thai government next week. In addition, the marketing plan
to sell the bonds will begin within 14 days. Funds should become
available to Indocan in December. Sutida Suwunnavid said, "I am
very excited to be joining the Board at this stage; a lot of work
was done between Indocan and us when we were trying to salvage TPI,
now that effort can be put to work for IDCN shareholders." Indocan
Resources Inc. is an independent oil & natural gas producer
with properties in Oklahoma, Texas, Alberta and pending block
concessions 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: Jeffrey R Bruhjell,
president, +1-604-929-7224, or Investor Relations, +662-343-1631,
both of Indocan Resources Inc. Web site: http://www.indocan.com/
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