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Producing Oil & Gas in the USA for the USA

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NYSE
Amex:CFW
Latest Figure
Symbol CFW
Last Price 0.80
change +0.0001
open 0.79
high 0.81
volume 64999

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Cano Petroleum’s business model is well–focused, as is its mission: to build shareholder value.

Cano Petroleum’s secondary and enhanced oil recovery model positions the company and its shareholders to capitalize on a tremendous opportunity in the energy sector. The company’s focus on mature onshore U.S. oil fields eliminates many of the risks associated with oil and gas exploration and production, while at the same time creating the potential for exceptional returns using technology to exploit known oil assets that were just uneconomical to produce before now. Increased prices, supply/demand issues and advances in recovery technology have all combined to produce an opportunity for an economically–efficient independent like Cano to lead the reawakening of America’s legacy oil fields.

The business strategy is simple: acquire small– to mid–sized oil assets that are at or near the end of their primary (or secondary) life. The assets must have significant proved reserves with a high ratio of probable reserves and must be suitable for waterflood and/or EOR. As these properties are not particularly attractive, Cano is able to acquire them by paying a fair, if not relatively low, price for the proved reserves, with no consideration for the probables. Cano will use its own considerable in–house expertise, along with that of its consulting partners, to determine the best method for additional oil recovery. The potential for significant upside comes in the ability to turn no–cost probable reserves into proved reserves, with the attendant increase in value and production revenues.

To contact Cano, or to request an information package, please email Ben Daitch or call toll–free (877) 698–0900.