We are a company with a mix of low-risk
renewable energy production and development assets as well as oil and gas
assets that will enable us to create and add shareholder value however the
future spectrum of market and economic circumstances turns out.
Our management skills and abilities are in
completing projects, from Wind Farms to Oil Wells in Texas and Oklahoma.
We look at windmills as oil wells in the sky, without the decline
curves. We continue to work in sustaining diversified oil and gas exploration
and production, replenishing the declines with new wells. This division
remains profitable. We identify low cost distressed or bypassed properties and
selectively drill, re-enter or rework to renew production of oil or gas as
circumstances dictate.
The company's common stock trades on the
Current Information OTC Market Tier of the Pink Sheets under the ticker symbol
CanTex (PK:CTXE). CanTex has been a public company since 2002, and is in its 10th year.
The
”Green Balanced Scorecard” is our compilation of Key Result Areas (KRAs) that
we use to review and measure the net impact of our renewable carbon saving
production against our carbon hydrocarbon production and its potential carbon
impact.
Our
strategy will enable CanTex to be a highly profitable renewable energy company.
The market will by 2015 be some 10MM BOPD short on supply over
global oil demand. In that economic nexus, even with legislative and
regulatory intervention, the oil price will return to over $120 per barrel. Matched to
comparable energy content with prices based on hydrocarbons, green energy will
in the future become more needed and even more viable. In providing energy
based on minimal cost of fuel using sun, wind and bio, the profit on green
energy will be an exponential factor greater than that on hydrocarbons, which will become scarcer and more expensive to extract.
We aim to provide energy in a manner to lower overall carbon emissions.
Achievement of this goal will contribute to “global cooling” and to be net
carbon negative, producing energy at a net lower carbon impact.
Meanwhile,
our oil and gas energy produced by exploration will be balanced against an
increasing renewable energy production as we move to being a net green company.
