Cano Petroleum Increases FY Budget to $78 Million

As a direct result of the $23.4 million equity raise previously discussed, Cano Petroleum increased our FY 2008 capital budget from $57.0 million to $78.0 million. Through December 2007, Cano has spent roughly $41.9 million out of its approved $78.0 million FY 2008 capital budget.

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 Company: Cano Petroleummore info
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