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Author Topic: CAVR
mickymoose99
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CAVU’s business strategy will be growth through developing proven leases utilizing its core business assets in drilling as well as servicing (reworking and re-conditioning) existing production. The Company’s current area of focus includes Colorado, Kansas, Louisiana, Montana, Oklahoma and Texas.
+ 11.76 at the close to day and is on a up tick
RSI Line @ 55.15 and rising
MAC D pulling awy from the singnal
HIST GRAM @0.0015
B.B 0.413
CAVR is another one i would keep an eye on i believe its going to have a strong week !!!!

Posts: 141 | From: new jersey | Registered: Oct 2009  |  IP: Logged | Report this post to a Moderator
mickymoose99
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CAVU Resources, Inc. Announces Initial Investment on $5 Million Drilling Program

TULSA, OK, Nov 18, 2009 (MARKETWIRE via COMTEX) -- CAVU Resources, Inc. (PINKSHEETS: CAVR) 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."

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. This gave you a clear view your obstacles and allowed you to plan the best options to overcome them, 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 conventional and directional drilling services to oil and natural gas exploration and production companies. CAVU Operating Company, LLC 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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johnsis80
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BUSINESS SUMMARY
CAVU Resources Inc., through its subsidiaries, focuses on the acquisition, exploration, and development of natural resource properties with a focus on the production of oil and natural gas, and solar and wind energy. The company intends to engage in the construction of oil and natural gas pipelines for third parties. It also focuses on providing contract and directional drilling services to oil and natural gas exploration companies. In addition, the company intends to involve in energy trading business, as well as providing environmental clean up services, such as oil field clean up, disaster clean up, and hazardous transportation. Further, it focuses on the refurbish of low income properties with heating and air conditioning, roofing, insulation, doors and windows; provides information systems dealing with government logistics databases and vendor awareness of business opportunities; and services and repairs heavy equipment for the oil and gas industry, including trucks and drilling equipment. As of April 30, 2009, CAVU Resources Inc. had 23 total well bores on 1,880 net mineral acres situated in Kay County, Oklahoma; 8 well bores on 1,700 gross mineral acres located in Baylor County, Texas; and 1 well bore on 160 net mineral acres situated in Garfield County, Oklahoma. The company was formerly known as Magic Lantern Group, Inc. and changed its name to CAVU Resources Inc. in April 2009 as a result of merger between Proxity Acquisition Sub, Inc. and CAVU Resources Inc. companies. CAVU Resources Inc. was founded in 1995 and is based in Carson City, Nevada.

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mickymoose99
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CAVR

Still positive on all the charts
RSI Line moved up @ 58.23 + 18.42% the tick is up

this is the highest day in volume since it started

trading and i believe there could be a nice jump

moving on the asking price which is being appreciated

and now hearing rumors of possible big news coming sometime today

keep an eye on it

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mickymoose99
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CAVU Resources, Inc. Announces $2.4 Million Letter of Intent to Acquire ASG, Inc.
Press Release
Source: CAVU Resources, Inc.
On 8:00 am EST, Friday November 20, 2009
TULSA, OK--(Marketwire - 11/20/09) - CAVU Resources, Inc. (Pinksheets:CAVR - News) is pleased to announce that it has entered a Letter of Intent to acquire 100% of the outstanding shares of ASG, Inc. and its wholly owned subsidiaries Applied Survey Systems, Inc., Applied Survey Systems Canada, Inc. and Strata Data, Inc. for $2.4 million in stock and an assumption of $450,000 in debt.

ASG and its subsidiaries provide on a global basis the following services and benefits, Gyroscopic and Magnetic survey and guidance services to the Oil & Gas, Mining and Construction industries. Applied Surveys utilizes rate-gyro technology adopted from the Aerospace industry. The Target INS is a velocity aided true north-finding navigation system with continuous on the fly survey speed limited only by the speed of the wireline. It utilizes innovative strapped down gyros and accelerometers, advanced sensor error compensation and online sensor calibration using sophisticated on-board filtering techniques. These techniques allow accelerated completion time over competing systems.

ASG's wholly owned subsidiary Strata Data, Inc. is a diverse geophysical logging company located in Casper, Wyoming, servicing the needs of the mining industry in addition to groundwater development projects for municipalities and individuals. Within the mining industry, StrataData operates in a variety of mines from gold exploration and coal to uranium exploration. With concern for the environment taking an increasing percentage of energy exploration and production budgets, StrataData has been involved in extensive groundwater monitoring and hazardous waste reclamation projects across the entire western region of the United States. Strata plans to expand its logging and wireline business to include oil and gas with operations opening in Tulsa in the next 30-60 days.

"This puts us in a very favorable position, providing opportunities in both the US and overseas specifically in the Mid East with plans for three test projects in Abu Dhabi. The acquisition of these companies with unique and proven technology, puts CAVU in the position to become a leader in energy recovery technologies," said William C. Robinson, President of CAVU Resources, Inc.

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johnsis80
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CAVR - DELIVERING TOMORROWS ENERGY
As demand for renewable & alternative energy increases, CAVU Resources is working hard to position itself in the emerging markets of wind & solar energy.
CAVR is also a fully functional drilling service company collecting highly needed & demanded resources!!!

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DDtrader
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News looks good news on CAVR! Good time to get in on this stop while it's on a dip. IMO this stock should trade with great volume and should break through a couple resistances this week. I have loaded up on this stock and I am expecting a good run this week.
Posts: 6 | From: BRICKTOWN | Registered: Oct 2009  |  IP: Logged | Report this post to a Moderator
njrep732
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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
Buzz up! 0 Print.Companies:Cavu Resources Inc.
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.

Related Quotes
Symbol Price Change
CAVR.PK 0.21 0.00


{"s" : "cavr.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} 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.

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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Chuck.w
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CAVU Resources, Inc. to Acquire $780,000,000 of Recoverable Reserves
.Companies:Cavu Resources Inc..Press Release Source: CAVU Resources Inc. On Monday February 1, 2010, 8:00 am
TULSA, OK--(Marketwire - 02/01/10) - CAVU Resources, Inc. ("CAVU"), which trades as (Pinksheets:CAVR - News), announced today that it has entered into a Letter of Intent to acquire a 7 mile section of a gas gathering pipeline along with a 2,240 acre lease and existing well that has at current prices $780,000,000 of proven recoverable natural gas reserves. The lease, well and pipeline are located in South Texas.

A contour map of the lease was prepared; with the Landsat imagery obtained showing the correlation for the structure is quite good. Landsat did indicate a much larger aerial coverage of the structure than seismic. The structure is quite prominent from the size of the structure; it can be assume to be Ordovician or Cambrian in age. One smaller seismic contour map may be indicating later reefing at shallower depths. The Landsat does indicate that the acreage currently be held under lease is quality property with good hydrocarbon potential.

The current well has seven indentified pay zones starting at 5,000 feet to a depth of 23,000 feet. From the number of differing productive zones in the well and offset scout ticket data from a major oil and gas producer (located immediately south of the well) it can be inferred that a new discovery gas field is in development with potential of 15 to 20 deep wells.

A mix of shallow wells is initially planned followed by the deeper, more expensive wells financed from production profits. Well spacing on this lease ranges from 40 acres per well on the shallow zones to 320 acres per well on all of the other productive zones.

The company plans to check production and quality of gas on the well over the next 30 days including a 4 point well test and to pressure test the acquired pipeline. With successful results on the well, the company will commence production from the existing productive zone. The current head pressure is at 4800 PSI and the Geologist/ Petroleum Engineer estimated an initial production in the area of 2,000,000 to 5,000,000 MCF per day.

"With the closing of this acquisition and a successful test, CAVU will move to a new level as an Independent Natural Resource Company. This project is a game changer for CAVU," said William Robinson, President of CAVU Resources, Inc.

The company has purposely withheld the well name, specific lease location, and producible zones and exacts depths until certain benchmarks and tests are completed and the acquisition is closed.

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