Cantex Energy Corp., Reports a Drilling Update on the West Ant Hills Prospect.

San Antonio, TX, March 2, 2006 / Cantex Energy Corp., (Pink Sheets-CTXE) announced today that drilling has reached 4,200' with total depth of 5,000 feet to be reached on or about March 4. Trace Maurin, President of Cantex Energy, commented, "we are very pleased to report that the drilling progress is on schedule and that we expect to pass through the Dakota Channel Sands, the first of our two targets, at approximately 4, 800 feet by March 3, and then we will proceed down through a Fusion Shale where the Lakota Sands are expected to be encountered around 4,920 feet". Mr. Maurin goes on to say " We are anxious to witness the results of our decision to use the same unique KCI mud engineering program that has proved effective in the area over the last year. This is a more costly technique as the drilling mud contains a polymer additive designed to prevent shale sluffing and maintain circulation which will be key to maximizing production efficiency" Cantex Energy Corp. is an independent, managed risk, oil and gas exploration, development, and production company headquartered in San Antonio, Texas. The Company's current focus is the optimal exploitation and development of approximately 1,200 acres known as the West Ant Hills Prospect located in Niobrara County Wyoming. Investors are encouraged to visit www.emerginggrowthstocks.com for a recent research profile on CTXE. Cantex Energy Corp., is a Non-Reporting Company, quoted on the Pink Sheets, having filed a Form 211 pursuant to Rule 15c211 under the Exchange Act, with the NASD Compliance Unit. See www.pinksheet.com for real time quotes, how to trade pink sheet stocks, how to protect yourself and additional stock information. Purchasing shares in Cantex Energy Corp., involves a speculative investment with substantial risks, and although the Company intends to use its best efforts to enhance the value of the Shares, there is no assurance that the Company's operations will be successful For more information about Cantex Energy Corp. (Pink Sheets: CTXE) please contact Mark Porrello, 310-491-9641 or visit their website at www.cantexenergy.com ( As well as recent digital photos taken on-site of the Project during the last week of February 2006.) 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 in the Private Securities Legislation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Cantex Energy's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things: the potential that no commercial quantities of oil are found or recoverable, the price of oil and gas, geological problems that prevent us from reaching drilling targets and specific risks such as the Company's ability to raise financing and risks inherent in Cantex Energy's operations. These and other risks are described in Cantex Energy's Form 15c211 and other filings with the NASD and Securities and Exchange Commission..