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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 YUN6g3NrcYwqHZDWzg9soA==

<SEC-DOCUMENT>0001181431-08-059177.txt : 20081031
<SEC-HEADER>0001181431-08-059177.hdr.sgml : 20081031
<ACCEPTANCE-DATETIME>20081031160709
ACCESSION NUMBER:		0001181431-08-059177
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20081029
FILED AS OF DATE:		20081031
DATE AS OF CHANGE:		20081031

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CANO PETROLEUM, INC
		CENTRAL INDEX KEY:			0001253710
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				980401645
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		BURNETT PLAZA, 801 CHERRY STREET
		STREET 2:		UNIT 25, SUITE 3200
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76102
		BUSINESS PHONE:		817-698-0900

	MAIL ADDRESS:	
		STREET 1:		BURNETT PLAZA, 801 CHERRY STREET
		STREET 2:		UNIT 25, SUITE 3200
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76102

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HURON VENTURES INC
		DATE OF NAME CHANGE:	20030711

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Abramson Randall Dov
		CENTRAL INDEX KEY:			0001381947

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32496
		FILM NUMBER:		081154671

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		416-956-9615

	MAIL ADDRESS:	
		STREET 1:		22 ST. CLAIR AVENUE EAST
		STREET 2:		18TH FLOOR
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M4T 2S3
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd222062.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-10-29</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001253710</issuerCik>
        <issuerName>CANO PETROLEUM, INC</issuerName>
        <issuerTradingSymbol>CFW</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001381947</rptOwnerCik>
            <rptOwnerName>Abramson Randall Dov</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O 1346049 ONTARIO LIMITED</rptOwnerStreet1>
            <rptOwnerStreet2>22 ST. CLAIR AVENUE 18TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>TORONTO</rptOwnerCity>
            <rptOwnerState>A6</rptOwnerState>
            <rptOwnerZipCode>M4T 2S3</rptOwnerZipCode>
            <rptOwnerStateDescription>ONTARIO, CANADA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <transactionDate>
                <value>2008-10-29</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>51800</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>.535</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>135290</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">These shares were sold by Randall Abramson.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Randall Abramson</signatureName>
        <signatureDate>2008-10-31</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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