Cano Petroleum Announces Its Intent To Voluntarily Delist Its Common Stock from NYSE Amex

On December 21, 2011, Cano Petroleum, Inc. CFW announced that on December 20, 2011, its board of directors approved and authorized Cano to take definitive action to cause the voluntary delisting of its common stock, par value $0.0001 per share, on NYSE Amex. Such determination was based upon the inability of Cano to regain compliance with the Exchange's continued listing standards consistent with the plan it previously submitted to the Exchange and within the time frame allotted by the Staff of the Exchange. On December 21, 2011, Cano notified the Exchange of its intention to file, on or about January 3, 2012, a Form 25 with the Securities and Exchange Commission to voluntarily delist the Common Stock