Cantex Energy Corp. Reports an Update on the Big Canyon Project

Cantex Energy Corp., (Pink Sheets:CTXE) announced today
an additional 19,000 acres optioned on the Big Canyon Project.
   Trace Maurin, President of Cantex Energy, commented, "We are very
pleased to report that the negotiations for acquisition of options are
now complete and we now have all of our targeted lands under our
control. If the seismic proves up the area this will be an extremely
good position for the Big Canyon Project."
   Mr. Maurin goes on to say, "We are currently going over bids from
seismic acquisition companies that will actually do the seismic work
on the Big Canyon Project. The GPS survey is coming to completion and
the next phase will be shooting the seismic."
   Cantex 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 exploration
and development of the Big Canyon Project in West Texas.
   Investors are encouraged to visit www.emerginggrowthstocks.com for
a recent research profile on CTXE.
   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. See www.pinksheet.com for
real time quotes, how to trade pink sheet stocks, how to protect
yourself and additional stock information.
   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 Deborah Walters, Phone: [phone], ext. 501 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.)

   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.