Beacon Equity Issues Positive Trading Overview for Cano Petroleum Inc.

• Press Release
• Source: Beacon Equity
• On 6:50 am EDT, Friday September 18, 2009

DALLAS, Sept. 18, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring oil and gas company Cano Petroleum Inc. (AMEX:CFW - News). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.

Related Quotes

Symbol	Price	Change
CFW	1.03	+0.02

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The investment report on Cano Petroleum Inc. (AMEX:CFW - News) should be of particular interest to other oil and gas companies: Credo Petroleum Corp. (Nasdaq:CRED - News), Newfield Exploration Co. (NYSE:NFX - News) and Noble Energy Inc. (NYSE:NBL - News). It is available at: http://www.beaconequity.com/i/CFW

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Cano Petroleum Inc. (CFW) acquires domestic oil fields in the United States for development. By applying state-of-the-art techniques to mature oil fields, the Company plans to increase and accelerate production.

Message Board Search for CFW: http://www.boardcentral.com/boards/CFW

In the report, the analyst notes:

"On September 14, the Company reported that its daily production reached 1,309 BOEPD in the fourth quarter, an increase of 4% from the third quarter of fiscal year 2009, and a 15% increase from the fourth quarter of fiscal 2008. Crude production increased 6% in the quarter ended June 20, 2009, compared with the third quarter and 21% from the fourth-quarter production level at the Cato Field.

"On September 11, 2009, the Company entered into an agreement with a senior lender to the Company, Natisis, to hedge the price received for its oil for future delivery. The swaps include two separate price agreements for future delivery. The first swap includes the coverage of 700 barrels per day of production between the months of April and December 2011 at a price of $75.90 per barrel. The second swap locks in another 700 barrels per day during the production year 2012 at the price of $77.25 per barrel."

To read the entire report visit: http://www.beaconequity.com/i/CFW

BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com

Beacon Equity Disclosure

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

Beacon Equity Research
Jeff Bishop
(469)-252-3505
press@beaconequity.com