Filing Details

Accession Number:
0001140361-11-014224
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-03-04 11:31:08
Reporting Period:
2011-03-03
Filing Date:
2011-03-04
Accepted Time:
2011-03-04 11:31:08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1253710 Cano Petroleum Inc CFW Crude Petroleum & Natural Gas (1311) 980401645
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1056973 P L Capital Carlson 2100 Mckinney Ave
Ste 1800
Dallas TX 75201
No No Yes No
1404557 Asgard Investment Corp. 2100 Mckinney Avenue
Suite 1800
Dallas TX 75201
No No Yes No
1404625 Duane Clint Carlson 2100 Mckinney Avenue
Suite 1800
Dallas TX 75201
No No Yes No
1404976 Ltd Offshore Diamond Black Double 2100 Mckinney Avenue
Suite 1800
Dallas TX 75201
No No Yes No
1449554 Ltd. Offshore Value Relative Diamond Black 2100 Mckinney Avenue
Suite 1800
Dallas TX 75201
No No Yes No
1452364 Ltd. Offshore Diamond Black 2100 Mckinney Avenue
Suite 1800
Dallas TX 75201
No No Yes No
1503915 Asgard Investment Corp. Ii 2100 Mckinney Avenue
Suite 1800
Dallas TX 75201
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $.0001 Per Share ("Common Stock") Disposition 2011-03-03 624,220 $0.64 4,181,598 No 4 S Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnote
Footnotes
  1. The shares of common stock of Cano Petroleum, Inc. reported herein are directly beneficially owned by Double Black Diamond Offshore Ltd., Black Diamond Offshore Ltd., and Black Diamond Relative Value Offshore Ltd. (together, the "Funds") and by a managed account (the "Account"). Carlson Capital, L.P. ("Carlson Capital") is the investment manager of the Funds and the Account. Asgard Investment Corp. II ("Asgard II") is the general partner of Carlson Capital. Asgard Investment Corp. ("Asgard ") is the sole shareholder of Asgard II. Clint D. Carlson is the President of Asgard II, Asgard, and Carlson Capital.
  2. The Reporting Persons disclaim beneficial ownership of any and all such shares in excess of their pecuniary interest therein, and the filing of this Form 4 shall not be deemed an admission that any such person or entity is the beneficial owner of or has a pecuniary interest in any such shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or any other purpose.