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Cantex Energy Announces New Management Team

Cantex Energy Corp. (Pink Sheets: CTXE) announced today that the Board of Directors has hired Paul Henley of Dallas, Texas as C.E.O. and President. Additionally, the corporate headquarters will be moved to Dallas. Mr. Henley has over 25 years’ experience working with development stage companies as an investment banker and more recently as officer/director of several companies including Heritage Oil and Gas and Blue Bear Energy (Dallas).

Trace Maurin, Secretary, stated, “Those of us with a long association with Cantex Energy are excited to begin a new chapter with the company. The new management team brings fresh perspective and opportunities that we feel will be a benefit to the shareholders.”

Cantex Energy Corp. trades on the Pink Sheet Market as a non-reporting company. Cantex engages in the acquisition and development of oil and gas properties, primarily onshore and in the United States. We work to capitalize on financial oil and gas reserve acquisition where our engineering expertise can identify hidden value.



Copyright Business Wire 2010

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