10  July  2020

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 Infopetro -> Business Contact

Cano Petroleum Inc.

Cano Petroleum, Inc. focuses on secondary and enhanced oil recovery techniques to extract additional oil from mature onshore U.S. fields. Based in Fort Worth, Texas, Cano employs a unique business model that enables the company to exploit our country's proven reservoirs 每 assets with marginal production that still contain significant reserves that can be produced through enhanced oil recovery (EOR). Increased energy prices, coupled with advances in oil recovery technology, position Cano to capitalize on these opportunities in order to build shareholder value, while at the same time help reduce the United States' dependence on foreign oil sources.

Cano's forward每thinking strategy has put it in the enviable position of a "first-mover," able to take advantage of early opportunities before significant competition appears. The Company has assembled a highly每qualified and experienced team and has already acquired at attractive prices a portfolio of quality oil and gas assets it believes hold great potential for increased production through secondary waterflood or EOR. Cano benefits from decades of EOR research and development, sponsored and performed by various departments of the U.S. government, universities, and major oil and oil service companies.

Cano's EOR business model offers a number of competitive advantages, including:

No exploration risk. Cano's portfolio is comprised of mature fields with proven reserves 每 production growth is not dependent on exploration drilling and the high degree of speculation in making new oil discoveries.
No international or offshore risk. Cano's onshore U.S. operations are not subject to geopolitical uncertainties, dependence on foreign sources and other issues related to overseas operations. There is no safer place to own reserves than onshore U.S.
Mature oil fields. Cano's focus on marginally每producing small每 to mid每sized legacy oil assets faces minimal competition so far. Legacy fields have good production records and data that support the acquisition process and subsequent development.

Efficient model. Cano's ability to act decisively and structure innovative transactions provides the opportunity to grow its assets quickly.

Cano Petroleum Inc.
The Oil & Gas Commerce Building
309 West Seventh Street
Suite 1600
Fort Worth, TX 76102


Investor Relations:
Craig Scott, 1每800每769每7205

Media Relations:
Norman Iannarelli, 212每355每5049 ext.127

To contact Cano, or to request an information package, please email: info@canopetro.com or call Michelle Williams at (toll每free) 1每866每314每2266.


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