American Green Group, Inc. (AMNE)

[sneaky2]

Cano Petroleum, Inc., together with its subsidiaries, operates as an independent oil and natural gas company in the United States. It has interests in the Davenport properties located in Lincoln County, Oklahoma; the Nowata properties consisting approximately 220 wells; the Desdemona properties covering 11,068 acres located in central Texas; the Corsicana properties that covers 341 acres; the Panhandle properties located in Carson, Gray, and Hutchinson counties, Texas; and the Pantwist properties comprising 167 wells and 2 workover rigs covering approximately 9,700 acres in the Panhandle field. The company also holds interest in oil and gas properties in the Permian Basin covering 20,000 acres and three fields in Chavez and Roosevelt Counties, New Mexico. As of June 30, 2007, Cano Petroleum had proved reserves of 66,720 million barrels of oil equivalent (MBOE), of which 8,454 MBOE were proved producing, 2,843 MBOE were proved non-producing, and 55,423 MBOE were proved undeveloped reserves. The company was founded in 2004 and is based in Fort Worth, Texas.

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