CAVR - CAVU Resources, Inc. (OTCBB Stock)

[johnsis80]

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.

[Chuck.W]

Big news out tonight. Keep an eye on this one for tomorrow. IMO
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."

[cleare39]

As demand for renewable and alternative energy increases, CAVU Resources is working hard to position itself in the emerging markets of wind and solar energy. Currently, CAVU Resources is starting a wind energy project in Colorado. The Company is also exploring opportunities in photovoltaic (solar) energy with its real-estate subsidiary CAVU Development, LLC

CAVU was formed to be a fully self-supported independent energy company – which we define as a Company that has enough of its own equipment, services, leases, projects and assets to be able to keep most of the services needed in order to become a successful energy company ‘in-house.’ In the energy industry, one of the keys to success is being able to get access to field services in a timely and cost effective manner. This usually is only achieved by large companies who can contract services for multi-year contracts or by smaller independents like CAVU, who operate their own field services divisions

keep on eye on this one folks!!! HOD .40, LOD .31, Closed at .38.. Imo this company will do us all well!!!!

[stocksamongus]

awesome stuff!! doing quite well today IMO!!

[Chuck.W]

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.

[cleare39]

The newest PR is awesome!!!
When they acquire 100% of the outstanding shares of ASG, “Applied Survey Systems Canada, Inc”. We can be assured that 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.
As of now the chart is in bullish!!! Happy trading to all those who decicde to go this route!! IMO, this is a great pick!!
also keep an eye on GBRC, WDAS, DRGZ, BOCl!!!

[stocksamongus]

hey still keeping track of this one as well...check out IGNT and GBRC if you guys get a chance too! should do well just like this one IMO.

Some new news on CAVR if anyone is interested

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
Buzz up! 0 Print.Companies:Cavu Resources Inc.
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.

Related Quotes
Symbol Price Change
CAVR.PK 0.36 0.00


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

[nixon48]

http://www.google.com/finance?q=cavr

[stocknroll]

CAVU Resources, Inc. Goes Green With 10,000 Acre Wind Project

--------------------------------------------------------------------------------

TULSA, OK--(Marketwire - November 30, 2009) - CAVU Resources, Inc. ("CAVU") (PINKSHEETS: CAVR), 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."

I really like the direction they are moving in, they rolled out this morning @ .28. Keep watch, theyre up 7.2% now and climbing... Have a great day!

[stocksamongus]

News this morning on CAVR if anyone's interested..keep a look out for CAVR..

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
Companies:Cavu Resources Inc.
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."