Cantex Provides Update on Big Canyon Prospect
2007年7月12日 - 10:00PM
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Cantex Energy Corp. (Pink Sheets:CTXE) announced today that, after
the Company�s recent engagement of PLS, Inc., a petroleum listing
service based in Houston, Texas, the Company met with several
parties interested in gaining a working interest partnership with
Cantex Energy. The partnership will enable the drilling of four
targeted sites, and potentially additional locations, within the
Big Canyon prospect located in the Val Verde Basin, Terrell County,
Texas leasehold. Cantex Energy has scheduled secondary meetings
with several of these expressly interested parties. �We remain
diligent in our efforts to advance our Big Canyon Prospect and
additional drilling opportunities, and are excited to have engaged
PLS� premier listing service which has already provided us with
several potential partnership candidates,� President and CEO of
Cantex Energy Corp., Trace Maurin, said. �We are confident that the
value and validity of our Company�s prospects will be appreciated
by oil and gas opportunists, resulting in a working interest
partnership that can bring our Big Canyon Prospect and other
drilling ventures to fruition.� PLS was formed in 1987 to adapt the
real estate industry's highly effective MLS� (multiple listing
service) for the oil and gas industry and currently has over 2,100
buyer and seller members using their network. PLS has become a
premiere source for companies in the U.S. and Canada to showcase
their prospects, and assists buyers and sellers by providing the
platform to facilitate profitable transactions between interested
parties within the oil and gas industry. For more information about
PLS, Inc., please visit their website at www.plsx.com. Additional
information regarding Cantex�s projects will be forthcoming 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.
Arkose Energy (CE) (USOTC:RKOS)
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Arkose Energy (CE) (USOTC:RKOS)
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