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Cantex Energy Corp., update on the Seismic program for Big Canyon Ranch Project.
Cantex Energy Corp., update on the Seismic program for Big Canyon Ranch Project..
About this update from Arkose Energy Corp.
[{"type":"text","content":"San Antonio, TX, April 21, 2006 / Cantex Energy Corp., (Pink Sheets-CTXE) Management wishes to update its shareholders on the seismic program being undertaken on the 48,644 acres Big Canyon Prospect in West Texas.\r\n\r\nThe Company is very pleased to confirm that the extensive geophysical program to be undertaken with Providence Technologies (see www.provtech.com) will commence in May 2006 with the recent confirmation of securing Quantum Geophysical, Inc. to conduct the 40 mile seismic shoot known as 2D Swath.\r\n\r\nTrace Maurin, president of Cantex states\" in today's market, getting a seismic operator is as difficult as trying to get a drilling rig and we are happy to inform our shareholders that we are now very close to proving up the world class potential reserves in the Val Verde play\"\r\n\r\nThis 2D Swath design is licensed by Providence Technologies which is a unique application that has proved to be effective in the Val Verde Basin where our Prospect is situated. Upon completion of the first swath and data processing it will give a good picture of the structure and completion of the second swath will give an idea of closure. \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 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.\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\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 For more information about Cantex Energy Corp. (Pink Sheets:CTXE) please contact Deborah Walters, Phone: 877-332-2875, ext. 501 or visit their website at www.cantexenergy.com\r\nExcept for historical information contained herein, the statements in this Press Release are forward-looking statements th...