Corporate Profile

Canext Energy Ltd. is a Calgary based emerging oil and natural gas company, engaged in the exploration, development, acquisition and production of natural gas and medium to light gravity crude oil reserves in Alberta. Canext’s common shares trade on the TSX Venture Exchange under the symbol CXZ.

• Internally-generated prospects
• Multi-zone potential of the Peace River Arch
• Prospect inventory that exceeds capital resources
• Lever opportunities
• Balance development projects with exploration

June 2009 Investor Presentation