Cano Petroleum, Inc. (NYSE Alternext: CFW)

Burnett Plaza, 801 Cherry St., Unit 25, Ste. 3200
Fort Worth, TX 76102-6882 (Map)
Phone: 817-698-0900
Fax: 817-698-0796
Toll Free: 877-698-0900
http://www.canopetro.com

Overview

Cano Petroleum is a "can-do" independent crude oil and natural gas production company. The company (named after 16th century Spanish explorer Juan Sebastian del Cano), focuses on buying undervalued mature properties (primarily in Texas and Oklahoma) that still have development potential. Cano employs enhanced oil recovery operations, including water and chemical flooding, infill drilling, and well recompilations, to increase production on these acquired properties. The company has estimated proved reserves of 66.7 million barrels of oil equivalent. CEO Jeff Johnson owns about 4% of Cano; Wellington Management Company owns 12%.

Sample Overview

Key Numbers from Hoover's UK

Key financials for Cano Petroleum, Inc. (NYSE Alternext: CFW)

Company Type Public (NYSE Alternext: CFW)
Fiscal Year-End June
2009 Sales (mil.) £15.4
1-Year Sales Growth (43.1%)
2009 Net Income (mil.) (£0.1)
2009 Employees 63
1-Year Employee Growth (20.3%)
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Key People from Hoover's UK

Key people and executives for Cano Petroleum, Inc. (NYSE Alternext: CFW)

Chairman and CEO S. Jeffrey (Jeff) Johnson
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VP and Principal Accounting Officer Michael J. Ricketts
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SVP and CFO Benjamin Daitch
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Top Competitors from Hoover's UK

Top competitors of Cano Petroleum, Inc. (NYSE Alternext: CFW)

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Industry Information from Hoover's UK

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