Arkose Energy (CE) (USOTC:RKOS)
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From Jan 2020 to Jan 2025
Cantex Energy Corp. (Pink Sheets:CTXE) is pleased to
announce that Gary McKenzie has joined Cantex's Board of Directors
effective immediately. Mr. McKenzie brings a wealth of expertise and
has participated in numerous oil and gas projects and prospects over
the years. Additionally, Mr. McKenzie has interest in the Barnett
Shale area and Cantex expects he will assist Cantex in gaining working
interest in some wells in this prolific region.
The Company is also pleased to report that the recording phase of
three lines of 2D swath seismic in the Big Canyon Prospect has now
been completed by Quantum Geophysical. The recorded data has been sent
off for processing and evaluation. The seismic shoot ranged from 3000'
to 20,000' deep. The first seismic line will take a few weeks to be
evaluated through digital processing/computer analysis and lines two
and three should be processed in a more timely fashion.
Trace Maurin, President of Cantex Energy Corp., stated, "We
continue to build our Board with well-seasoned professionals who will
provide the infrastructure and insight for our Company to grow and
expand. We are delighted to have Gary McKenzie on our team." Mr.
Maurin further commented, "We remain committed to developing our
fundamentals and remain ahead of schedule as we work through the
necessary processes to evaluate the Big Canyon Prospect."
The Company will provide additional updates 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.