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CANO PETROLEUM [CFW] The right place at the right time
<a href="http://www.exit50.com/images/mn1/Cano.jpg"><img src="http://www.exit50.com/images/mn1/_Cano.jpg" width="195" height="300" alt="" title="" /></a>Jeff Johnson, Chairman & CEO, of Cano Petroleum Inc. (AMEX:CFW), was featured live on Market News First (www.mn1.com) for an exclusive interview with the MN1 news team. The interview was scheduled for Jan. 15, 2007 at 4:00PM CST but actually took place on Tuesday Jan. 16, 2007 at 4:00PM CST. Cano Petroleum Inc., an independent oil and gas company, engages in the acquisition, development, and operation of oil and gas properties primarily in Texas and Oklahoma. Its property portfolio comprises of Davenport Field Unit located in Lincoln County, Oklahoma covering approximately 2,178 acres; Rich Valley Field located in Grant County, Oklahoma that spans 4,500 acres; Nowata oil property located in Nowata County, Oklahoma comprising 2,601 acres; Desdemona and Hogtown Moore Units located in Erath, Eastland, and Comanche Counties covering approximately 9,968 acres of oil fields in north central Texas; Panhandle Field covering approximately 27,000 acres in Carson, Gray, and Hutchinson counties located in the Texas panhandle, approximately 45 miles north of Amarillo; and Putnam Field, which comprises leases covering approximately 341 acres in Texas. As of June 30, 2006, the company had total proved reserves of 45 MBOE, of which 10 MBOE were proved producing reserves. The company was founded in May, 2004.
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