FORT WORTH, Texas, Oct. 27 (UPI) -- Cano Petroleum of Fort Worth, Texas, said Wednesday it has applied to list its shares on the American Stock Exchange.
The AMEX is the world's second largest auction marketplace, listing over 700 corporations including numerous leading U.S. enterprises, energy firms and high-technology issues.
"Graduating from the NASD Bulletin Board to the American Stock Exchange will be a significant achievement in the growth and advancement of our company," said Chief Executive Officer and Chairman of Cano Petroleum Jeff Johnson.
"The listing will provide Cano and its shareholders with significant opportunities, including much greater access to the institutional investor market and heightened visibility within a larger, more liquid trading environment," he added.
Cano's common shares currently trade on the NASD Bulletin Board under the symbol CAOP.
Cano Petroleum is an independent energy producer with properties in the mid-continent region of the United States.