Cantex Energy Corp. (Pink Sheets:CTXE) announced today that the Company has successfully completed seismic processing on all three of the 2D Swath lines on its Big Canyon Project, located in its Val Verde Basin, Terrell County, Texas leasehold. The lines will determine where a structural closure may occur on the leasehold. The processed migrated data is currently being shipped to the Company�s geophysicist for interpretation of the seismic shoot. Trace Maurin, President of Cantex Energy Corp., stated, �The completion of the seismic processing was delayed due to the abundance of work currently ongoing in the oil and gas industry. Even though service delays in the industry are commonplace at present, we appreciate our shareholders� patience and understanding. We will be consulting with our geophysicist as he reviews the seismic data and will make every effort to expedite the delineation of the results of the seismic Swath lines. We remain focused on our current and future prospects, aspiring to take advantage of every opportunity such that we can position Cantex as a major player in the oil and gas industry.� Cantex Energy further announced today that the second of three wells located in the Barnett Shale, Johnson County, Texas, is in the final stages of completion. This well is the Robertson #1H and is operated by Star of Texas Energy. Cantex shares a 2% working interest in the project. Additionally, the Company continues to explore the opportunities for the West Ant Hills Prospect in Niobrara County, Wyoming. Cantex will be receiving bids for the 3D shoot, which spans approximately 1,200 acres, to identify this leasehold�s potential for exploitation and development. Please visit Cantex Energy�s website, www.cantexenergy.com, the week of November 20th and go to the �Investor Relations� tab for the Company�s most current financials. More information regarding the Company�s progress will be released 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. Cantex Energy Corp. (Pink Sheets:CTXE) announced today that the Company has successfully completed seismic processing on all three of the 2D Swath lines on its Big Canyon Project, located in its Val Verde Basin, Terrell County, Texas leasehold. The lines will determine where a structural closure may occur on the leasehold. The processed migrated data is currently being shipped to the Company's geophysicist for interpretation of the seismic shoot. Trace Maurin, President of Cantex Energy Corp., stated, "The completion of the seismic processing was delayed due to the abundance of work currently ongoing in the oil and gas industry. Even though service delays in the industry are commonplace at present, we appreciate our shareholders' patience and understanding. We will be consulting with our geophysicist as he reviews the seismic data and will make every effort to expedite the delineation of the results of the seismic Swath lines. We remain focused on our current and future prospects, aspiring to take advantage of every opportunity such that we can position Cantex as a major player in the oil and gas industry." Cantex Energy further announced today that the second of three wells located in the Barnett Shale, Johnson County, Texas, is in the final stages of completion. This well is the Robertson #1H and is operated by Star of Texas Energy. Cantex shares a 2% working interest in the project. Additionally, the Company continues to explore the opportunities for the West Ant Hills Prospect in Niobrara County, Wyoming. Cantex will be receiving bids for the 3D shoot, which spans approximately 1,200 acres, to identify this leasehold's potential for exploitation and development. Please visit Cantex Energy's website, www.cantexenergy.com, the week of November 20th and go to the "Investor Relations" tab for the Company's most current financials. More information regarding the Company's progress will be released 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.
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