Cantex Energy Corp. Completes 2D Swath of Big Canyon; Announces Appointment of New Board Member
2006年6月29日 - 2:36AM
ビジネスワイヤ(英語)
Cantex Energy Corp. (Pink Sheets:CTXE) is pleased to announce that
Gary McKenzie has joined Cantex's Board of Directors effective
immediately. Mr. McKenzie brings a wealth of expertise and has
participated in numerous oil and gas projects and prospects over
the years. Additionally, Mr. McKenzie has interest in the Barnett
Shale area and Cantex expects he will assist Cantex in gaining
working interest in some wells in this prolific region. The Company
is also pleased to report that the recording phase of three lines
of 2D swath seismic in the Big Canyon Prospect has now been
completed by Quantum Geophysical. The recorded data has been sent
off for processing and evaluation. The seismic shoot ranged from
3000' to 20,000' deep. The first seismic line will take a few weeks
to be evaluated through digital processing/computer analysis and
lines two and three should be processed in a more timely fashion.
Trace Maurin, President of Cantex Energy Corp., stated, "We
continue to build our Board with well-seasoned professionals who
will provide the infrastructure and insight for our Company to grow
and expand. We are delighted to have Gary McKenzie on our team."
Mr. Maurin further commented, "We remain committed to developing
our fundamentals and remain ahead of schedule as we work through
the necessary processes to evaluate the Big Canyon Prospect." The
Company will provide additional updates as developments warrant.
About Cantex Energy Cantex Energy Corp. is an independent, managed
risk, oil and gas exploration, development, and production company
headquartered in San Antonio, Texas. The Company's additional focus
is the optimal exploitation and development of approximately 1,200
acres known as the West Ant Hills Prospect located in Niobrara
County, Wyoming. Cantex Energy Corp. is a Non-Reporting Company,
quoted on the Pink Sheets, having filed a Form 211 pursuant to Rule
15c211 under the Exchange Act, with the NASD Compliance Unit. For
real-time quotes, how to trade pink sheet stocks, how to protect
yourself and additional stock information, please see
www.pinksheet.com. Purchasing shares in Cantex Energy Corp.
involves a speculative investment with substantial risks, and
although the Company intends to use its best efforts to enhance the
value of the shares, there is no assurance that the Company's
operations will be successful. For more information about Cantex
Energy Corp. (Pink Sheets:CTXE) please contact Barry Gross, Phone:
361-949-4999, or visit the Company's website at
www.cantexenergy.com. Except for historical information contained
herein, the statements in this press release are forward-looking
statements that are made pursuant to the Safe Harbor provisions in
the Private Securities Legislation Reform Act of 1995.
Forward-looking statements involve known and unknown risks and
uncertainties, which may cause Cantex Energy's actual results in
future periods to differ materially from forecasted results. These
risks and uncertainties include, among other things: the potential
that no commercial quantities of oil are found or recoverable, the
price of oil and gas, geological problems that prevent us from
reaching drilling targets and specific risks such as the company's
ability to raise financing and risks inherent in Cantex Energy's
operations. These and other risks are described in Cantex Energy's
Form 15c211 and other filings with the NASD and Securities and
Exchange Commission.
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