Cano Petroleum, Inc Watch

from 10-Q 222 pages $25,000,000 Subordinated Credit Agreement Among Cano Petroleum, Inc. as Borrower, the Lenders Party Hereto From Time to Time as Lenders, and Unionbancal Equities, Inc. as Administrative Agent December 17, 2008

from 10-Q 242 pages $120,000,000 Amended and Restated Credit Agreement Among Cano Petroleum, Inc. as Borrower, the Lenders Party Hereto From Time to Time as Lenders, and Union Bank of California, N.A. as Administrative Agent and as Issuing Lender December 17, 2008

from 10-Q 222 pages $25,000,000 Subordinated Credit Agreement Among Cano Petroleum, Inc. as Borrower, the Lenders Party Hereto From Time to Time as Lenders, and Unionbancal Equities, Inc. as Administrative Agent March 17, 2008

from 8-K 5 pages Supplement No. 2 Dated as of March 6, 2007 (The “Supplement”), to the Security Agreement Dated as of November 29, 2005 (As Heretofore Amended, Supplemented or Otherwise Modified From Time to Time, the “Security Agreement”), by and Among Cano Petroleum, Inc., a Delaware Corporation (“Borrower”), Each Subsidiary of Borrower Signatory Thereto (Together With the Borrower, the “Grantors” and Individually, a “Grantor”) and Union Bank of California, N.A. as Collateral Trustee Under the Collateral Trust Agreement (As Hereinafter Defined) for the Benefit of Itself and the Secured Parties (As Hereinafter Defined). A. Reference Is Made to the Following Documents Related to Extension of Credit to the Borrower

from 8-K 32 pages Third Amendment to Subordinated Credit Agreement

from 10QSB 5 pages Supplement No. 1 Dated as of April 28, 2006 (The “Supplement”), to the Security Agreement Dated as of November 29, 2005 (As Amended, Supplemented or Otherwise Modified From Time to Time, the “Security Agreement”), by and Among Cano Petroleum, Inc., a Delaware Corporation (“Borrower”), Each Subsidiary of Borrower Signatory Thereto (Together With the Borrower, the “Grantors” and Individually, a “Grantor”) and Union Bank of California, N.A. as Collateral Trustee Under the Collateral Trust Agreement (As Hereinafter Defined) for the Benefit of Itself and the Secured Parties (As Hereinafter Defined). A. Reference Is Made to the Following Documents Related to Extension of Credit to the Borrower

from 10QSB 3 pages Supplement No. 1 Dated as of April 28, 2006 (The “Supplement”), to the Guaranty Agreement Dated as of November 29, 2005 (As Amended, Supplemented or Otherwise Modified From Time to Time, the “Guaranty Agreement”), Among Each of the Subsidiaries Party Thereto (Each Such Subsidiary Individually, a “Guarantor” and Collectively, the “Guarantors”) of Cano Petroleum, Inc., a Delaware Corporation (The “Borrower”) in Favor of Energy Components Spc Eep Energy Exploration and Production Segregated Portfolio, as Administrative Agent (The “Administrative Agent”) for the Benefit of the Beneficiaries (As Defined in the Guaranty Agreement). A. Reference Is Made to the Subordinated Credit Agreement Dated as of November 29, 2005 (As Amended, Supplemented or Otherwise Modified From Time to Time, the “Credit Agreement”), Among the Borrower, the Lenders From Time to Time Party Thereto (The “Lenders”), and the Administrative Agent. B. Capitalized Terms Used Herein and Not Otherwise Defined Herein Shall Have the Meanings Assigned to Such Terms in the Guaranty Agreement and the Credit Agreement

from 8-K 8 pages Second Amendment to Subordinated Credit Agreement

from 10QSB 3 pages Supplement No. 1 Dated as of April 28, 2006 (The “Supplement”), to the Guaranty Agreement Dated as of November 29, 2005 (As Amended, Supplemented or Otherwise Modified From Time to Time, the “Guaranty Agreement”), Among Each of the Subsidiaries Party Thereto (Each Such Subsidiary Individually, a “Guarantor” and Collectively, the “Guarantors”) of Cano Petroleum, Inc., a Delaware Corporation (The “Borrower”) in Favor of Union Bank of California, N.A., as Administrative Agent (The “Administrative Agent”) for the Benefit of the Beneficiaries (As Defined in the Guaranty Agreement). A. Reference Is Made to the Credit Agreement Dated as of November 29, 2005 (As Amended, Supplemented or Otherwise Modified From Time to Time, the “Credit Agreement”), Among the Borrower, the Lenders From Time to Time Party Thereto (The “Lenders”), and the Administrative Agent. B. Capitalized Terms Used Herein and Not Otherwise Defined Herein Shall Have the Meanings Assigned to Such Terms in the Guaranty Agreement and the Credit Agreement

from 10QSB 18 pages First Amendment to Subordinated Credit Agreement

from 8-K 211 pages $15,000,000 Subordinated Credit Agreement Among Cano Petroleum, Inc. as Borrower, and the Lenders Party Hereto From Time to Time as Lenders, and Energy Components Spc Eep Energy Exploration and Production Segregated Portfolio as Administrative Agent November 29, 2005

from 8-K 222 pages $100,000,000 Credit Agreement Among Cano Petroleum, Inc. as Borrower, the Lenders Party Hereto From Time to Time as Lenders, and Union Bank of California, N.A. as Administrative Agent and as Issuing Lender November 29, 2005