Business
Cantex Energy Corp., Reports a Drilling Update on the West Ant Hills Prospect.
Cantex Energy Corp., Reports a Drilling Update on the West Ant Hills Prospect..
About this update from Arkose Energy Corp.
[{"type":"text","content":"San Antonio, TX, March 2, 2006 / Cantex Energy Corp., (Pink Sheets-CTXE) announced today that drilling has reached 4,200' with total depth of 5,000 feet to be reached on or about March 4. \r\nTrace Maurin, President of Cantex Energy, commented, \"we are very pleased to report that the drilling progress is on schedule and that we expect to pass through the Dakota Channel Sands, the first of our two targets, at approximately 4, 800 feet by March 3, and then we will proceed down through a Fusion Shale where the Lakota Sands are expected to be encountered around 4,920 feet\". \r\nMr. Maurin goes on to say \" We are anxious to witness the results of our decision to use the same unique KCI mud engineering program that has proved effective in the area over the last year. This is a more costly technique as the drilling mud contains a polymer additive designed to prevent shale sluffing and maintain circulation which will be key to maximizing production efficiency\"\r\nCantex Energy Corp. is an independent, managed risk, oil and gas exploration, development, and production company headquartered in San Antonio, Texas. The Company's current focus is the optimal exploitation and development of approximately 1,200 acres known as the West Ant Hills Prospect located in Niobrara County Wyoming.\r\nInvestors are encouraged to visit www.emerginggrowthstocks.com for a recent research profile on CTXE.\r\nCantex 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. See www.pinksheet.com for real time quotes, how to trade pink sheet stocks, how to protect yourself and additional stock information.\r\n\r\nPurchasing 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\r\nFor more information about Cantex Energy Corp. (Pink Sheets: CTXE) please contact Mark Porrello, 310-491-9641 or visit their website at www.cantexenergy.com ( As well as recent digital photos taken on-site of the Project during the last week of February 2006.)\r\nExcept for historical information contained herein, the statements in this Press Release are forward-looking sta...