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Tuesday, February 15, 2005

Cano Petroleum Chosen as Lead Sponsor of All Outdoors TV

Cano Petroleum Chosen as Lead Sponsor of All Outdoors TV

FORT WORTH, Texas, Feb. 11 /PRNewswire-FirstCall/ -- All Outdoors TV, a national television show airing on DISH Network, DirectTV and Sportsmans Channel as well as local stations in Texas, Louisiana and Arizona, is pleased to have Cano Petroleum, Inc. (BULLETIN BOARD: CAOP) as its lead sponsor for the 2005 season. The show has an 18-year history, a loyal following across the country, and broadcasts to some 80 million households.

Cano is fortunate to have been chosen as a premier partner of All Outdoors TV. By sponsoring this popular television show, Cano highlights its commitment to maintaining a healthy environment for America's families and future generations.

All Outdoors TV is dedicated to quality family education and entertainment with an emphasis on fishing and hunting. The program features a segment called "Cano Kids Camp," which introduces children to the outdoors and how to keep our environment clean and healthy. Cano Kids Camp will also host fishing tournaments, modeled after professional competitions, providing children with the opportunity to participate in the outdoors and learn different fishing and gathering techniques.

For information on stations and times, please consult your local listings or visit the All Outdoors TV website at www.alloutdoorstv.com/schedule.html .

ABOUT CANO PETROLEUM:

Cano Petroleum, Inc. is an independent Texas-based energy producer with properties in the mid-continent region of the United States. Led by an experienced management team, Cano's primary focus is on increasing domestic production from proven fields using enhanced recovery methods. Cano is traded under the ticker symbol CAOP on the NASD Bulletin Board. Additional information is available at www.canopetro.com .

INVESTOR AND MEDIA RELATIONS CONTACT:
Primoris Group
(866) 314-2266
info@canopetro.com

Information Regarding Forward-Looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward- looking statements involve known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of natural resource prices, product demand, market competition, and risks inherent in our operations. These and other risks are described in our Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.

Available Topic Expert(s): For information on the listed expert(s), click appropriate link. Jeff Johnson http://www.profnet.com/ud_public.jsp?userid=485286


Source: Cano Petroleum, Inc.

CONTACT: Primoris Group, +1-866-314-2266, or info@canopetro.com , for
Cano Petroleum, Inc.

Web site: http://www.canopetro.com/
http://www.alloutdoorstv.com/schedule.html


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