Well going only by the weight and easy to get setups. A Tacon 160 running 10s ((2) 5s 5300 ipos') spinning an APC 20x8 E prop should do the job nicely. gives a rough guess of 8 minutes of flight time. I have always gotten longer flight times then it predicts.

Motor
http://www.hobbypartz.com/96m608-big...335-245kv.html

Battery (s)
http://www.hobbypartz.com/98p-30c-5300-5s1p.html

ESC
http://www.hobbypartz.com/07e26-proton-100a-hv.html

Free online calc program

http://www.s4a.ch/eflight/motorcalc_e.htm


Buzz.

Edited for prop size.