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Chuck.w
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CAVU Resources, Inc. Restructures Acquisition of FILO Quip Resources, LLC
Press Release
Source: CAVU Resources Inc.
On 5:00 pm EST, Thursday November 12, 2009
TULSA, OK--(Marketwire - 11/12/09) - CAVU Resources, Inc. (Pinksheets:CAVR - News) announced today that the Company has restructured the original acquisition of Filo Quip Resources, LLC. CAVU assumed the agreement to purchase FILO from a private investment group. The agreement calls for the assumption of specific liabilities and a combination of cash and a 6 month note transaction valued at $700,000 dollars. In the acquisition, CAVU is purchasing a 140 acre lease in Garvin County, Oklahoma that has two producing wells and seven additional wells that can be completed in down-hole reservoirs.

The two producing wells were originally drilled in the 1950s to the Bromide formation at about 3,000 feet. The wells were re-entered during the 1990s when companies in the area began testing deeper reservoirs. The wells were then deepened to the Oil Creek formation at about 3,800 feet. The two wells are currently producing a combined 35 to 40 barrels of oil per day (BOPD).

CAVU plans to re-enter the other seven wells on the lease and rework them with the possibility of deepening them to the Arbuckle at about 4,000 feet. On the way, the McLish and Oil Creek formations would be tested. Based upon results of the two producers and other wells contiguous to the lease, CAVU anticipates each of the seven wells to have average initial production rates of between 30 to 50 BOPD.

"Based upon results in this field, we are very confident that we should hit our targets for the nine wells, which would put our combined production at between 270-400 BOPD," said William C. Robinson, President of CAVU Resources, Inc. "Some companies have successfully tested the Arbuckle in this area with tremendous results, which provides a nice upside potential for us. There is also some open acreage in the area, which would allow us to grow the project and quickly add to our reserves."

At current market prices, an average of 300 BOPD would generate about $400,000 per month in net production revenues. Management plans to then leverage its reserves and cash flow to expand the project.

"We have targeted addition opportunities in the surrounding area with the potential to rework existing wells along with potential new development and drilling programs that could quickly become add to the existing project duplicating the projected production," added Robinson.

About CAVU Resources, Inc.

During World War II, Navy fighter pilots would look up at the sky and if it was a 'CAVU' day then it meant ceiling and visibility unlimited. The founders of CAVU Resources chose the name CAVU because they believe that the Company will be the embodiment of its name. CAVU was formed with the goal of becoming a recognized regional player in the independent oil and natural gas industry by growing the company's oil and natural gas reserves. CAVU is a natural resource company engaged in the acquisition, exploration and development of oil and natural gas properties. The Company operates in the upstream segment of the oil and gas industry with planned activities including the drilling, completion and operation of oil and gas wells in Oklahoma, Kansas, Colorado and Texas. The Company also owns two pipelines in its area of operations, which will be used for gathering its gas and oil and the gas and oil production of other producers. The Company has acquired leases and is currently exploring additional opportunities in oil, gas and helium leases. The company has acquired significant oil and gas equipment including rigs, trucks and completion equipment. CAVU's 100% owned subsidiaries, CAVU Energy Services, LLC provides contract drilling, fracture stimulation and directional drilling services to oil, natural gas exploration and production companies. EnviroTek Fuel Systems, Inc., providing natural gas delivery and marketing thru its own pipelines, CAVU Operating Company, LLC managing the company's properties and targeted leases in Oklahoma, Texas, Colorado and Montana. CAVU plans to expand operations not only in the traditional Oil and Gas business, but also to invest in Geo-Thermal, Wind, Solar and security, taking advantage of the changing environment and in the world's need for new, green and innovative resources. More information is available at the company's website at http://www.cavu-resources.com.

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Chuck.w
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CAVU Resources, Inc. Announces Initial Investment on $5 Million Drilling Program
Press Release
Source: CAVU Resources, Inc.
On 4:15 pm EST, Wednesday November 18, 2009

TULSA, OK--(Marketwire - 11/18/09) - CAVU Resources, Inc. (Pinksheets:CAVR - News) is pleased to announce that it's wholly owned subsidiary CAVU Resources One, LLC, formed as a drilling and lease Acquisition Company has received the first initial $50,000 investment on its $5 Million Dollar Private Placement. The Limited partnership, CAVU Resources One, LLC has targeted both new wells and leases in proven areas.

The first use of funds will be used to re-work two shut-in wells in our Hogshooter lease and pipeline project. We believe that there are at least 2 reservoirs co-mingle in these wells, even if co-mingling is not done, we anticipate that re-working the original reservoir (Rowe Coal Seam) should generate about 20 MCFD, which would put the total production from these 2 wells at a conservative 55 MCFD. These wells also have Bartlesville oil production (as evidence by oil production surrounding the lease that can be tapped and put into production. The wells should also co-produce gas and oil. Utilizing current completion techniques we believe we may be able to generate cumulative oil production of 3-5 BOPD from these 2 wells.

We have also identified 8 locations for new wells. By offsetting known producers that did 115 MCFD and 70 MCFD, we believe that there is a very high likelihood that these new wells will have IP rates of between 50 and 75 MCFD. For the assumptions, we used a conservative 45 MCFD per well, which would put the total project gas production at ~235 MCFD. There is also a very good chance that the Bartlesville will have commercial quantities of oil and we are estimating a total of ~10 BOPD from all 8 of these wells. There is also known production below the Rowe in the Mississippi, which was largely untested in this area as the "old timers" usually stopped drilling at the Bartlesville above it. As such, we are eager to test formations below the Mississippi that have never been tested in this area, some of which have a good chance of having significant oil and/or gas from these deeper reservoirs.

"We are pleased to have kicked off this drilling program," said William C. Robinson, President, CAVU Resources, Inc. "This drilling program will allow the Company to execute on our plans to explore and develop the Hogshooter lease and pipeline and structure future opportunities for the company."

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Chuck.w
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CAVR Cavu Resources, Inc.

Charts look great on this one today!!!
RSI line 59.35 and heading towards power
Mac D is above the signal line and rising
20day and 50day moving avg. both at 0.32 golden cross forming
+18.42%

Keep an eye on this one. Good luck to all. Get money!!!!

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Chuck.w
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CAVU Resources, Inc. Acquires Another 49 Miles of Pipeline and 1,700 Acres in Rogers County, Oklahoma
Press Release
Source: CAVU Resources Inc.
On 8:00 am EST, Monday November 23, 2009
TULSA, OK--(Marketwire - 11/23/09) - CAVU Resources, Inc. ("CAVU") (Pinksheets:CAVR - News), which trades as OTC:CAVR.PK, announced today that the Company has acquired 49 miles of pipeline and 1,700 acres of oil and gas leases in Rogers County, Oklahoma. Located just north of Claremore, OK, which is about 40 minutes northeast of Tulsa, OK, the pipeline intersects with the recently acquired existing pipeline infrastructure near Nowata, OK. By connecting the two lines, CAVU can develop the 1,700 acres and also purchase gas from multiple producers who have scores of shut in wells in the area that are not currently able to bring their production to market.

"One of our core strategies is to be independent so that we are not forced to rely on other companies for services, transportation of our product (oil/gas) or drilling of our wells," said William C. Robinson, President of CAVU Resources, Inc. "In this particular case, we felt that having the opportunity to connect 60-70 miles of pipeline provides us with two things. First, it gives us ample capacity to develop thousands of acres of oil and gas leases. Secondly, it provides us with the ability to purchase enough third party gas that we could eventually fund a majority of the development of our own acreage from that cash flow," he added.

This 49 mile segment of line is part of an old existing 10" steel petroleum pipeline that used to transport oil from Bartlesville and other oil fields in northeast Oklahoma to refineries on the outskirts of Tulsa. The original petroleum pipeline was sold off in segments to companies during various downturns in the oil industry over the years. As part of CAVU's acquisition, it will obtain the geological, engineering and field development plans that cover 1,700 acres of leases along parts of the pipeline.

"We think that while the pipeline itself is obviously incredibly valuable one of the intangibles that you cannot book but still represents enormous value are the perpetual right of ways we get," added Robinson. "Obtaining right of ways in some of the developed areas where this line runs are of incredible value to telecommunications, utility, and other companies needing to lay various types of lines. While our strategy will be to develop oil and gas, we believe we may be able to sell rights to use the right of ways for significant amounts of capital."

Before any new wells are drilled, CAVU first plans to connect this segment of line to its existing infrastructure in the Hogshooter Project so that gas can be sold through its existing tap outside of Nowata, OK. Nevertheless, CAVU is already beginning the process of assessing the geological and engineering reports on the acquired 1,700 acres to determine if the recommended drilling locations are where the company would want to begin drilling.

In this area of Oklahoma referred to as the Northeast Oklahoma Shelf, there are multiple traditional reservoirs that can be tested for hydrocarbons as well as several coal bed methane (CBM) zones that are charged with methane gas. Having multiple pay zones in one well dramatically reduces the risk of a dry hole and also improves production efficiency as several of these zones may be produced together, or commingled, in one well bore. These favorable conditions have not only spurred drilling by hundreds of small independent companies but it has also attracted large oil and gas companies such as CEP Mid-Continent, Inc., Endeavor Energy Resources, LLC, Devon Energy, Inc., and Chesapeake Energy, Inc

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Chuck.w
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CAVU Resources, Inc. Goes Green With 10,000 Acre Wind Project
Press Release
Source: CAVU Resources, Inc.
On 8:00 am EST, Monday November 30, 2009
TULSA, OK--(Marketwire - 11/30/09) - CAVU Resources, Inc. ("CAVU") (Pinksheets:CAVR - News), which trades as OTC:CAVR.PK, announced today that the Company has signed an agreement to acquire up to 10,000 acres of Wind Options (Leases).

Analysis of the meteorological data thus far has revealed that this corridor is suitable for Large-Wind Electricity Generation development. In December 2007, the Colorado Governor's Energy Office presented to Governor Bill Ritter a 70 page Report outlining all studies of renewable energy within the state. This report shows that CAVU's acreage position is classified as Generation Development Area (GDA) 3 and has been independently verified that there is sufficient wind generation for a potential of 15 Gigawatt (GW) of power.

GDA 2 was tested at 6 GW and is only about 30 miles from CAVU's target area. GDA 2 already has 3 wind farms with a collective 500 wind turbines up and running. GDA 2 is landlocked for future wind development as the South Platte River and Interstate 76 runs to the south and National Grasslands to the West.

"Our area has shown Class 4 Winds at heights of 50 meters and Class 5 and 6 winds at 100 meter tower height," said William Robison, President of CAVU Resources, Inc. "More importantly, our acreage includes leases on key substations giving us the ability to actually transport wind generated electricity to market."

CAVU will begin the process of applying for permits as well as getting altimeter towers installed so that the prerequisite data needed to properly install and configure wind turbines can be captured. The Company is exploring a Joint Venture option to capitalize on an experienced partner to co-develop the project. While the Company is on the 18 to 24 month path to getting wind turbines up and running, there is another intriguing element to this project that the company is pursuing on a parallel course.

"We are also working to secure oil and gas leases on the same acreage because there is natural gas present in the Niobrara formation here," continued Robinson. "By drilling for natural gas and quickly bringing production online, this will provide both immediate and long term revenue from the same geographic area."

In addition, the natural gas can be used to power generators that operate the wind turbines when the wind is not blowing. This should enable the Company to secure preferential pricing for its electricity because of its ability to commit to consistent monthly production thresholds. Furthermore, CAVU plans to deliver electricity and/or natural gas directly to dairies, farms, meat packing plants and other small retail energy consumers in the area.

"While it is now obvious that it is going to take all kinds of natural resources to meet our growing energy needs, the bottleneck today is the lack of capacity in many areas to be able to take energy generated by alternative fuel sources," said Robinson. "So, we believe the fastest way to capitalize on these opportunities is to find low cost ways to take our energy directly to the end users. To that end, we will continue to execute our strategy of finding ways to bring energy to supply constrained areas."

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njrep732
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CAVU Resources, Inc. Secures Farm-In With Anadarko in Colorado
Press Release
Source: CAVU Resources, Inc.
On 4:15 pm EST, Monday November 30, 2009
Buzz up! 0 Print
Companies:Cavu Resources Inc.
TULSA, OK--(Marketwire - 11/30/09) - CAVU Resources, Inc. ("CAVU") (Pinksheets:CAVR - News), which trades as OTC:CAVR.PK, announced today that the Company has secured a Farm-In and Joint Venture Development Agreement with PVR Exploration, LLC to participate in a farm-in with Anadarko Petroleum Corporation to develop 640 acres in eastern Colorado.

Related Quotes
Symbol Price Change
CAVR.PK 0.38 +0.25


{"s" : "cavr.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} The acreage position is located in the outer edges of the Denver-Julesburg Basin where production is drawn from Mississippian, Pennsylvanian, Permian and Cretaceous reservoirs. Production in this area from current operators has been established through a successful 3D seismic program shot over an extended area.

CAVU plans to test multiple stacked targets in the Marmaton, Morrow, Cherokee, Atoka, and Mississippian formations. Well permit applications are currently in the process of being submitted to the State of Colorado for approval.

Companies involved in the development of this 200,000+ acre area have estimated that the aggregate potential of the targets is in excess of 200,000 barrels of oil recoverable per well with estimates ranging from 100 to 150 million barrels of oil in place with significant potential to increase that estimate based on the extent of the current seismic features seen.

"With what has already been done by a few of the other companies developing this area, we feel comfortable using the figure of 1,000,000 barrels recoverable per section (640 acres)," said William Robinson, President of CAVU Resources, Inc. "Independent technical evaluations and studies of historical production in wells drilled in the 1980s have indicated significant oil in place and identified additional by-passed oil zones. We are actively looking for ways to expand our position in this area where we feel there will be major development in the years to come, so we are excited to get in early," he added.

About CAVU Resources, Inc.

During World War II, Navy fighter pilots would look up at the sky and if it was a 'CAVU' day then it meant ceiling and visibility unlimited. The founders of CAVU Resources chose the name CAVU because they believe that the Company will be the embodiment of its name. CAVU was formed with the goal of becoming a recognized regional player in the independent oil and natural gas industry by growing the company's oil and natural gas reserves. CAVU is a natural resource company engaged in the acquisition, exploration and development of oil and natural gas properties. The Company operates in the upstream segment of the oil and gas industry with planned activities including the drilling, completion and operation of oil and gas wells in Oklahoma, Kansas, Colorado and Texas. The Company also owns two pipelines in its area of operations which will be used for gathering its gas and oil and the gas and oil production of other producers. The Company has acquired leases and is currently exploring additional opportunities in oil, gas and helium leases. The company has acquired significant oil and gas equipment including rigs, trucks and completion equipment. CAVU's 100% owned subsidiaries, CAVU Energy Services, LLC provides contract drilling, fracture stimulation and directional drilling services to oil and natural gas exploration and production companies. EnviroTek Fuel Systems, Inc., providing natural gas delivery and marketing thru its own pipelines, CAVU Operating Company, LLC managing the company's properties and targeted leases in Oklahoma, Texas, Colorado and Montana. CAVU plans to expand operations not only in the traditional Oil and Gas business, but also to invest in Geo-Thermal, Wind, Solar and security, taking advantage of the changing environment and in the world's need for new, green and innovative resources.

More information is available at the company's website at http://www.cavu-resources.com.

Cautionary note: This report contains forward-looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to U.S. investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves'' unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.

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JFPENNY
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HEY ALL CAVR TRADED GREAT TODAY WITH SOME DECENT VOLUME. STOCK WAS UP 192% TODAY AND I AM EXPECTING IT TO BE LIKE THIS ALL WEEK WITH INCREASES EVERYDAY. THIS COMPANY KEEPS PUTTING OUT THESE GREAT PRS AND THEY KEEP EXPANDING. IMO THERE IS MUCH MORE TO COME FROM THIS COMPANY. THIS IS A GREAT ONE TO GET INTO. HOPE ALL UR STOCKS ARE IN THE GREEN
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T e x
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quote:
Originally posted by JFPENNY:
HEY ALL CAVR TRADED GREAT TODAY WITH SOME DECENT VOLUME. STOCK WAS UP 192% TODAY AND I AM EXPECTING IT TO BE LIKE THIS ALL WEEK WITH INCREASES EVERYDAY. THIS COMPANY KEEPS PUTTING OUT THESE GREAT PRS AND THEY KEEP EXPANDING. IMO THERE IS MUCH MORE TO COME FROM THIS COMPANY. THIS IS A GREAT ONE TO GET INTO. HOPE ALL UR STOCKS ARE IN THE GREEN

please, quit yelling

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

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Chuck.w
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CAVR Cavu Resources, Inc.

RSI 54.50 bullish
Mac D on upward curve
+192.31%

Company had really good news out this week could make a nice run today. IMO. Time to get in on this one. Good Luck to all!!!!

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JFPENNY
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LOTS OF TALK ABOUT THIS STOCK STILL!!! LOOKS LIKE THE SPREAD ON THE STOCK IS STARTING TO GAP UP!!! GOOD SIGN THAT THE STOCK MIGHT HAVE ANOTHER RUN SOON OR MAYBE SOME POSSIBLE NEWS COMING OUT!!!
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njrep732
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CAVU Resources, Inc. and Allied Energy, Inc. Complete $.49 Million Pipeline Contract
Press Release
Source: CAVU Resources, Inc.
On 4:15 pm EST, Friday December 4, 2009
Buzz up! 0 Print
Companies:Cavu Resources Inc.
TULSA, OK--(Marketwire - 12/04/09) - CAVU Resources, Inc. ("CAVU"), which trades as (Pinksheets:CAVR - News), announced today that the Company has completed a $.49 million contract from Allied Energy, Inc. to lay approximately 6 miles of pipeline, which creates numerous future drill-site locations and connects six existing Allied wells including the R. Minor #1 and #1A to the main gas line. The contract called for CAVU to build a pipeline from one of Allied's natural gas fields and connect it to another gas field where Allied Gas Transmission, a majority owned subsidiary of Allied Energy, Inc., has a compressor station, master meter, gas processing equipment and gas tap directly into a gas pipeline that feeds into a local power plant.

Related Quotes
Symbol Price Change
CAVR.PK 0.19 -0.06


{"s" : "cavr.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} CAVU submitted a bid to Allied Energy in April 2009 and was asked to detail several different routes and options. After working closely with senior management from Allied Energy over the course of several months, CAVU secured the contract. The bulk of the field work involves trenching, laying of lines. Working with Allied's wholly owned subsidiary Allied Operating, LLC, the last phase that included boring roads and tying in the connection lines on the project was recently completed.

"We believe this contract speaks volumes about the quality of both companies' field teams," said William Robinson, President of CAVU Resources, Inc. "When a company of Allied's caliber selects you for one of their critical projects, I think it is a very good compliment. We look forward to helping Allied make this major leap forward in its field development plan," he continued.

"We also think that there is also the additional benefit of other companies in the area seeing the work we do and contacting us for bids on projects they may have," added Robinson. "With the recent rebound in oil prices and the optimistic outlook for gas, work is starting to pick up in the oil patch and we think we'll start seeing bids for drilling and field services."

About Allied Energy, Inc.

Allied Energy, Inc. is an independent energy development firm primarily engaged in the exploration, development, and production of oil and natural gas in the continental United States. The company relies upon its industry partners, well operators, geologists, petroleum engineers, recommendations from third parties and financial experts whose combined industry experience is essential to the success of each project. Allied Energy's strategic focus is the development of oil and natural gas reserves. As the fuel of choice to meet the growing demand for a clean-burning domestically produced fuel, the company firmly believes its natural gas exploration strategy should provide substantial growth to the company for the years to come.

The Company has more than 6,000 acres under lease, more than 70 wells under development (128 +/- well-bores under control) and continues to build its own gas line infrastructure system in Rogers County to maximize its price for gas at the wellhead. Allied and its partners are also participating in oil and gas projects located in Leon County, Texas, Morgan County, Colorado and Washington/Athens Counties, Ohio.

The Company has a wholly owned subsidiary, Allied Operating LLC, including a field office, ten (10) employees and various equipment located in Oolagah, Oklahoma. Allied Operating supervises the Company's field operations (120 +/- well-bores) located in Rogers and Pawnee Counties, Oklahoma. Earlier this year, Allied Energy, Inc. formed Allied Gas Transmission, a majority owned subsidiary, also located in Rogers County, Oklahoma. Allied Gas Transmission is currently developing a gas pipeline / transmission system in Rogers County. The Company's audited financial statements can be viewed at www.alliedenergy.com or www.pinksheets.com

About CAVU Resources, Inc.

During World War II, Navy fighter pilots would look up at the sky and if it was a 'CAVU' day then it meant ceiling and visibility unlimited. The founders of CAVU Resources chose the name CAVU because they believe that the Company will be the embodiment of its name. CAVU was formed with the goal of becoming a recognized regional player in the independent oil and natural gas industry by growing the company's oil and natural gas reserves. CAVU is a natural resource company engaged in the acquisition, exploration and development of oil and natural gas properties. The Company operates in the upstream segment of the oil and gas industry with planned activities including the drilling, completion and operation of oil and gas wells in Oklahoma, Kansas, Colorado and Texas. The Company also owns two pipelines in its area of operations which will be used for gathering its gas and oil and the gas and oil production of other producers. The Company has acquired leases and is currently exploring additional opportunities in oil, gas and helium leases. The company has acquired significant oil and gas equipment including rigs, trucks and completion equipment. CAVU's 100% owned subsidiaries, CAVU Energy Services, LLC provides contract drilling, fracture stimulation and directional drilling services to oil and natural gas exploration and production companies. EnviroTek Fuel Systems, Inc., providing natural gas delivery and marketing thru its own pipelines, CAVU Operating Company, LLC managing the company's properties and targeted leases in Oklahoma, Texas, Colorado and Montana. CAVU plans to expand operations not only in the traditional Oil and Gas business, but also to invest in Geo-Thermal, Wind, Solar and security, taking advantage of the changing environment and in the world's need for new, green and innovative resources.

More information is available at the company's website at http://www.cavu-resources.com.

Cautionary note: This report contains forward-looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to U.S. investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.

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ms.diesel
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CAVR....Headed bullish...Great news out!!!! Time to get in imo...Hearing goood things about this company!!!
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Chuck.w
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CAVU Resources, Inc. Jumps Into the Bakken
Press Release
Source: CAVU Resources Inc.
On 1:46 pm EST, Monday December 7, 2009
TULSA, OK--(Marketwire - 12/07/09) - CAVU Resources, Inc. (Pinksheets:CAVR - News) ("CAVU"), which trades as OTC:CAVR.PK, announced today that the Company has signed an option agreement to acquire acreage to test an initial well in northeastern Montana where companies are drilling the Bakken shale for oil. Upon successful completion of the test well, CAVU plans to acquire additional acreage in an emerging area north and west of the prolific Elm Coulee field in Richland County, MT.

CAVU has a unique position in that it is purchasing the acreage from a group that has worked with a prominent geologist who has been published for his expertise in the Bakken play in Montana. This geologist has worked the central Montana area for 21 years, gathering significant information and data that were used to identify the most attractive acreage in the area.

"We are acquiring this acreage for a number of reasons not the least of which is that this geologist believes there is between 600,000 and 750,000 barrels of recoverable oil on each well drilled on a 640 acre spacing in the middle Bakken member," said William Robinson, President of CAVU Resources, Inc. "Another key reason is that the acreage is also strategically located in the middle of acreage positions held by four other large companies, a well recently drilled by this group showed good results," he continued.

CAVU's management believes that this project offers the unique opportunity to develop a position in an area that is now being referred to as "unrisked exploration," and that is being proved by four other large oil companies.

"We believe we will enjoy the benefits of these large oil companies spending tens of millions of dollars to drill more wells, experiment with completion techniques and in general increase the value of our acreage," added Robinson.

The Bakken formation stretches from Eastern North Dakota to Central Montana in an area known as the Williston Basin. The Bakken formation is present throughout the region and is usually associated with oil and gas shows. It is a fractured formation and new technology (horizontal drilling) has allowed for great success in producing this formation.

In 2008, the US Geological Survey released a report that it had estimated mean undiscovered volumes of 3.65 billion barrels of oil, 1.85 trillion cubic feet of associated/dissolved natural gas, and 148 million barrels of natural gas liquids in the Bakken Formation of the Williston Basin Province, Montana and North Dakota.

About CAVU Resources, Inc.

During World War II, Navy fighter pilots would look up at the sky and if it was a 'CAVU' day then it meant Ceiling And Visibility Unlimited. The founders of CAVU Resources chose the name CAVU because they believe that the Company will be the embodiment of its name. CAVU was formed with the goal of becoming a recognized regional player in the independent oil and natural gas industry by growing the company's oil and natural gas reserves. CAVU is a natural resource company engaged in the acquisition, exploration and development of oil and natural gas properties. The Company operates in the upstream segment of the oil and gas industry with planned activities including the drilling, completion and operation of oil and gas wells in Oklahoma, Kansas, Colorado and Texas. The Company also owns two pipelines in its area of operations that will be used for gathering its gas and oil and the gas and oil production of other producers. The Company has acquired leases and is currently exploring additional opportunities in oil, gas and helium leases. The company has acquired significant oil and gas equipment including rigs, trucks and completion equipment. CAVU's 100% owned subsidiaries, CAVU Energy Services, LLC provides contract drilling, fracture stimulation and directional drilling services to oil and natural gas exploration and production companies. EnviroTek Fuel Systems, Inc., providing natural gas delivery and marketing thru its own pipelines, CAVU Operating Company, LLC managing the company's properties and targeted leases in Oklahoma, Texas, Colorado and Montana. CAVU plans to expand operations not only in the traditional Oil and Gas business, but also to invest in Geo-Thermal, Wind, Solar and security, taking advantage of the changing environment and in the world's need for new, green and innovative resources.

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ms.diesel
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Thanks for the news!!!!!! Stocks up 68%....RSI is bullish & heading north
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Chuck.w
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CAVU Resources, Inc. Increases Storage Capacity by 100% and Launches Development Project in Garvin County, OK
Press Release
Source: CAVU Resources Inc.
On 8:00 am EST, Thursday December 10, 2009
TULSA, OK--(Marketwire - 12/10/09) - CAVU Resources, Inc. (Pinksheets:CAVR - News) announced today that the Company has recently completed a 100% increase in its storage capacity and initiated an accelerated development plan for its newly acquired 9 well project on 140 acres in Garvin County, Oklahoma.

The Company acquired the project last month and has been focused on assessing the top priorities for the lease. While the lease currently has two producing wells, there are three wells that can be immediately completed in down-hole reservoirs, and four other wells that can be reworked and completed in other formations.

The two producing wells were originally drilled in the 1950s to the Bromide formation at about 3,000 feet. The wells were re-entered during the 1990s when companies in the area began testing deeper reservoirs. The wells were then deepened to the Oil Creek formation at about 3,800 feet. The two wells are currently producing a combined 30 to 40 barrels of oil per day (BOPD).

CAVU plans to re-enter the other three wells on the lease and deepen them to the Arbuckle at about 4,000 feet. On the way, the McLish and Oil Creek formations would be tested. Based upon results of the two producers and other wells contiguous to the lease, CAVU anticipates each of the three wells to have average initial production rates of between 30 and 40 barrels of oil per day (BOPD).

"This project exemplifies our strategy of targeting low risk opportunities that require lower amounts of capital but yet still offer excellent potential returns on investment," said William C. Robinson, President of CAVU Resources, Inc. "With the known production in the formations present in these 9 wells, with the funds committed we believe this project will increase production to about 300 BOPD within a relatively short period of time. Some companies spend millions of dollars to generate this kind of production, but we feel we can do it for a fraction of that."

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Jewelz231
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im looking to make a quickie play with this penny, CAVR has trended up nicely after slight downhill setbacks in the past. its always darkest before the dawn, it may just be bright and shiny all day today!!

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J

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Jewelz231
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btw, hello all

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J

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Chuck.w
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CAVU Resources, Inc. to Complete Rework on Garfield County Gas Production Project
Press Release
Source: CAVU Resources Inc.
On 8:00 am EST, Tuesday December 15, 2009
TULSA, OK--(Marketwire - 12/15/09) - CAVU Resources, Inc. (Pinksheets:CAVR - News) announced today that the Company has recently mobilized its crew to complete the reworked of it gas production in Garfield County, Oklahoma.

This recently acquired project is in a gas production region with proven reserves. The Company has been focused on assessing the top priorities on its 160 acre lease. The first stage of the recompletion consists of pulling the rod and tubing and pressure testing the wellbore for production in the upper and lower Perry Sand formation.

Finally the company will re-perforate the formation location adding 3 shots per foot in the 26ft combined formation, as well as 12 feet of new perforations in the Advant formation and fracture the zones and treat with acid to open up these formations. This well has a long history of production and we anticipate that this re-work will add another 150,000 cubic feet of production. With this increased production, the Company's combined daily totals should soon exceed approximately 600,000 cubic feet of natural gas per day.

"The recent rise in gas prices and increased production, will allow additional cash flow to help fund new exploration of this and surrounding leases," said William C. Robinson, President of CAVU Resources, Inc.

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njrep732
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CAVU Resources, Inc. Acquires Additional Pipeline Segment in Northeastern Oklahoma

Buzz up! 0 Print..Companies:Cavu Resources Inc..Related Quotes
Symbol Price Change
CAVR.PK 0.0740 -0.0010


{"s" : "cavr.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} Press Release Source: CAVU Resources, Inc. On Friday January 22, 2010, 4:15 pm EST
TULSA, OK--(Marketwire - 01/22/10) - CAVU Resources, Inc. ("CAVU") (Pinksheets:CAVR - News) announced today that the Company has acquired an additional 5.5 miles of a strategic gas pipeline that extends east from its recently acquired Envirotek Fuel System's 35 miles of pipeline and 3,140 acre Hogshooter Project in Nowata County, Oklahoma. By acquiring this additional segment, CAVU can now purchase third party gas from producers who have had their natural gas wells shut-in due to no available market for their gas.

This segment of pipeline had been laid years ago by a local small independent company who had plans to drill wells in this area and sell gas directly to end users in the town of Nowata, OK. After laying the pipeline and connecting a few of its wells, this independent company halted further development. Since then, the pipeline has been used only to transport the independent's gas from a few marginally producing wells. Without sufficient capital to install the infrastructure needed to purchase third party gas, the small company looked to sell its pipeline and approached CAVU upon learning of its acquisition of the Hogshooter Project.

CAVU has already begun planning its field development schedule to tie shut-in wells in the area into this segment of line, which feeds into the Company's main pipeline that was obtained in the Hogshooter Project acquisition. There are approximately a dozen wells that could immediately be tied into this acquired line. Additionally, there are producers currently selling to other gas purchasers that have expressed an interest in selling to CAVU instead at better terms. By purchasing the gas from these producers, the Company will be able to charge transportation costs and generate cash flow that goes almost entirely to the bottom line.

"One of the things we looked at when we were considering the acquisition of this project was how much natural gas we could purchase from producers who no longer have access to pipelines or who have been forced to shut-in their wells due to exorbitant transportation charges from purchasers in this area," said William Robinson, President of CAVU Resources, Inc. "Another appealing factor is that this segment opens up acreage that we can develop that has been largely ignored due to the lack of pipeline capacity," he added.

CAVU's management team has set a target of purchasing gas from at least 30 wells in the area within the next 18 months.

About CAVU Resources, Inc.

During World War II, Navy fighter pilots would look up at the sky and if it was a 'CAVU' day then it meant ceiling and visibility unlimited. The founders of CAVU Resources chose the name CAVU because they believe that the Company will be the embodiment of its name. CAVU was formed with the goal of becoming a recognized regional player in the independent oil and natural gas industry by growing the company's oil and natural gas reserves. CAVU is a natural resource company engaged in the acquisition, exploration and development of oil and natural gas properties. The Company operates in the upstream segment of the oil and gas industry with planned activities including the drilling, completion and operation of oil and gas wells in Oklahoma, Kansas, Colorado and Texas. The Company also owns two pipelines in its area of operations, which will be used for gathering its gas and oil and the gas and oil production of other producers. The Company has acquired leases and is currently exploring additional opportunities in oil, gas and helium leases. The company has acquired significant oil and gas equipment including rigs, trucks and completion equipment. CAVU's 100% owned subsidiaries, CAVU Energy Services, LLC provides contract drilling, fracture stimulation and directional drilling services to oil, natural gas exploration and production companies. EnviroTek Fuel Systems, Inc., providing natural gas delivery and marketing thru its own pipelines, CAVU Operating Company, LLC managing the company's properties and targeted leases in Oklahoma, Texas, Colorado and Montana. CAVU plans to expand operations not only in the traditional Oil and Gas business, but also to invest in Geo-Thermal, Wind, Solar and security, taking advantage of the changing environment and in the world's need for new, green and innovative resources. More information is available at the company's website at http://www.cavu-resources.com.

Cautionary note: This report contains forward-looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to U.S. investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves'" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.

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JFPENNY
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CAVR. News yesterday looks good. CAVR is constantly expanding and bringing more revenue into the company. This company is on my radar list for next week. I am expecting more prs to come out with the financal statements. Good time to take another position in this one.
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