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| Cano Petroleum, Inc. Unit 25, Suite 3200 801 Cherry Street Fort Worth, TX 76102 817-698-0900 |
Cano Petroleum, Inc. (Amex:CFW) is an oil and gas company that utilizes secondary waterflood and enhanced oil recovery (EOR) methods to produce more oil from mature U.S. fields. The company's focus on enhanced recovery of existing onshore domestic oil fields eliminates exploration risk as well as the political and logistical uncertainties inherent in international operations. Cano’s business model allows it to operate successfully in a niche where larger independent and major oil companies are not structured to compete and its focus on domestic EOR currently faces minimal competition.
Rex Energy names new CEO, presidentState College, PA-based Rex Energy Corp. has appointed Thomas C. Stabley as its CEO and Patrick M. McKinney as its president. |
New to energy, Circle Star acquires Texas assets |
Ricketts to resign Cano CFO postMichael J. Ricketts, senior vice president and CFO of Cano Petroleum Inc. will resign from those and all other positions he holds with Cano or any of its subsidiaries. |
Blackhill Partners' Latimer to replace Johnson as Cano CEOOn February 11, 2011, Cano Petroleum Inc. announced the departure of S. Jeffrey Johnson as the company’s chief executive officer and chairman of the board. |
Range Resources divests $330M non-core Ohio assets
Range Resources plans a $330 million divestiture of properties in Ohio to EV Energy Partners LP and certain institutional partnerships managed by EnerVest Ltd.
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New $200M credit facility puts Resaca closer to Cano acquisitionClosing in conjunction with a proposed merger with Cano Petroleum Inc., Resaca Exploitation Inc. has received a new $200 million senior secured revolving credit facility provided by Union Bank NA. |
Madison Williams spun out from Sanders Morris Harris GroupMadison Williams and Company, an integrated capital markets and advisory firm, has completed a management buyout of the principal capital markets business from Sanders Morris Harris Group. |
Haynes and Boone to advise DOE
Haynes and Boone LLP joins a select number of law firms that will represent the US Department of Energy (DOE) in project finance and other transactions that support the development of alternative sources of energy.
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