Cantex Targets Drilling Structures for Big Canyon Prospect.State-of-the-Art Investor Relations Investor relations The process by which the corporation communicates with its investors. CD Available Upon Request SAN ANTONIO San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. -- Cantex Energy Corp. (Pink Sheets:CTXE) announced today that the Company has targeted four drillable structures as the most opportune op·por·tune adj. 1. Suited or right for a particular purpose: an opportune place to make camp. 2. Occurring at a fitting or advantageous time: an opportune arrival. sites to initiate exploration and development of its Big Canyon Prospect, located in the Val Verde Val Verde may mean:
According to the U.S. leasehold. After extensive evaluation and interpretation of the seismic data provided through geological and geophysical studies conducted on behalf of Cantex, the Company believes the four structures are the most feasible drilling opportunities available from an economic and risk/reward standpoint. Cantex Energy's technical team has mapped these locations and expects to explore these opportunities in the near term. Cantex is currently awaiting the completion of the analogs for this prospect and the surrounding fields as well. Several parties have expressed interest in reviewing the data for potential farm-ins. Additionally, the Company is currently in the process of signing a 30-day non-disclosure agreement A non-disclosure agreement (NDA), also called a confidential disclosure agreement (CDA), confidentiality agreement or secrecy agreement, is a legal contract between at least two parties that outlines confidential materials or knowledge the parties (NDA (Non Disclosure Agreement) An agreement signed between two parties that have to disclose confidential information to each other in order to do business. In general, the NDA states why the information is being divulged and stipulates that it cannot be used for any ) for the funding of this venture. Cantex also announced today the availability of a state-of-the-art Investor Relations information CD as part of the Company's ongoing marketing campaign to better inform shareholders and potential shareholders about the Company. The Investor Relations CD provides extensive and conclusive information about the Company and their positioning in the industry, corporate news and general progress. It is dynamic in nature and interacts with the Internet to provide current stock quotes and charts regarding Cantex Energy. Recipients insert the CD into their computer's hard drive and the presentation begins automatically. The user can then navigate through the information on their screen at their own pace and convenience. To request this dynamic Investor Relations CD, please email your physical address to denae@grosscapital.com or call Gross Capital, Inc. at 361-949-4999. Additional information regarding the Company'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 “San Antonio” redirects here. For other uses, see San Antonio (disambiguation). San Antonio is the second most populous city in Texas, the third most populous metropolitan area in Texas, and is the seventh most populous city in the United States. As of the 2006 U.S. . 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 Niobrara County is a county located in the U.S. state of Wyoming As of 2000, the population is 2,407, making it the state's least populous county. Its county seat is Lusk6. History Niobrara County was organized in 1911. Geography According to the U.S. . 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 NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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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