CAVR Cavu Resources, Inc.

Discussion in 'Stock picks and trading strategies' started by Chuck.W, Nov 18, 2009.

  1. Chuck.W

    Chuck.W Member

    Keep your eye on this one!!!!!! Gonna be big. IMO.

    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.
     
  2. johnsis80

    johnsis80 New Member

    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.
     
  3. TOMM231

    TOMM231 Member

    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.
    Related Quotes


    SymbolPriceChangeCAVR.PK0.38+0.04[​IMG]



    {"s" : "cavr.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""}
    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. More information is available at the company's website at http://www.cavu-resources.com
     
  4. mickymoose99

    mickymoose99 Member

    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 !!!!
     
  5. mickymoose99

    mickymoose99 Member

    Re: CAVR Cavu Resources, Inc. + 7.89%

    CAVR
    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.
    RSI LINE @57.89 and rising
    + 7.89% tick is up moving on the offer
    volume way over the ten day
    looking good , so keep your eye on it!!!
     
  6. gucci88

    gucci88 Member

  7. mickymoose99

    mickymoose99 Member

  8. stockbug

    stockbug Member

    man this stock is alllllll over the forums!! CAVR looks pretty hot IMO. The company is involved with alot of the oil drilling that goes on in the United States and they pride themselves on having the best projects that go on in the country as well. ..like i said, definitely worth keeping an eye on!!
     
  9. mickymoose99

    mickymoose99 Member

    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
     
  10. gucci88

    gucci88 Member

    hello mickmoose99, i have a question to ask you? now considering CAVR has been trading for nine days, this being the tenth day. it currently has the highest volume trading though those days at 123k and a HOD at .45 that fluctuates though this day. so what would you say would happen to this stock in tomorrow's trading? would you say it could continue to trade at these positive levels???
     
  11. mickymoose99

    mickymoose99 Member

    Hey Gucci
    how are you? i have a very strong feeling that with the news and with the consideration
    of the new formation and the companies aspirations to continue to perform even greater moves
    in the oil industry.From what i understand CAVU Resources Incorporated is going to the next level
    in the refinery industry by digging an addionall 20 ft in the plate . at those levels the piping and extracting
    is only in the stone called sand stone. this is a new form of extraction
    IMO this is the future of geo thermal fuel extraction. The market could be going in a different direction
    when trades start to recognize this stock and see their movements throughout this period with some very
    convincing news would further more your options . but i would not really feel comfortable telling you to get in
    at a certain point , but keep an eye on out and do your dd and keep this stock on your watch list
     
  12. mickymoose99

    mickymoose99 Member

    CAVR
    + 5.26% after the close on the up tick
    RSI LINE @56.43 and on and upward trend
    Yesterdays volume was 159,788
    its above all the resistence levels
    theres a lot of chatter about CAVR
    i believe its going to have another big day
    watch it
     
  13. gucci88

    gucci88 Member

    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.
    Related Quotes


    SymbolPriceChangeCAVR.PK0.400.00[​IMG]



    {"s" : "cavr.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""}
    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.
    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 of your obstacles and allowed you to plan the best options to overcome them, the founders of CAVU Resources chose 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, Montana 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. More information is available at the company's website at http://www.cavu-resources.com
    Legal Notice Regarding Forward-Looking Statements:
    Legal Notice Regarding Forward-Looking Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined, and assumptions of management. Forward looking statements are generally, but not always, identified by the words "expects," "plans," "anticipates," "has," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions or that events or conditions "will," "would," "may," "can," "could" or "should" occur. Information concerning oil or natural gas reserve estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include misinterpretation of data, inaccurate estimates of oil and natural gas reserves, the uncertainty of the requirements demanded by environmental agencies, the Company's ability to raise financing for operations, breach by parties with whom we have contracted, inability to maintain qualified employees or consultants because of compensation or other issues, competition for equipment, inability to obtain drilling permits, potential delays or obstacles in drilling operations and interpreting data, the likelihood that no commercial quantities of oil or gas are found or recoverable, and our ability to participate in the exploration of, and successful completion of development programs on all aforementioned prospects and leases. Additional information on risks for the Company can be found in filings on Edgar of other junior oil and gas exploration companies with the US Securities and Exchange Commission.
     
  14. degstockgod

    degstockgod New Member

    i like this one think this stock has alot of potential the charts look promising an i have made alot of money on this stock i would keep an eye out for this one
     
  15. stockbug

    stockbug Member

    News this morning on cavr!!

    wow looks like you guys are quicker than me!! i was excited to see the new news this morning and also excited to learn the company is merging with another...CAVR is doing big things, it's definitely going to do well IMO!!!!
     
    Last edited: Nov 20, 2009
  16. TOMM231

    TOMM231 Member

    Great news cavr!! This company has been putting out good prs!! This comapny has been tradeing with great volume the past couple of days and with this news this stock should have another awesome day!!! Hope everyone has got in on this one. Imo this stock is haveing great price apprecation
     
  17. cleare39

    cleare39 New Member

    http://finance.yahoo.com/q?s=CAVR.PK
    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!!!
     
  18. mickymoose99

    mickymoose99 Member

    CAVR
    The RSI Line @ 53.93
    and its on a dip could be a great time
    to reload , i believe there is a lot of potential
    in CAVR. the days range is @ .30 -.55
    and it has not meet that yet, but i believe it
    will , keep an eye on it

    Cavu Resources, Inc

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    2533 N Carson St Ste 4116
    Carson City, NV 89706
    Phone:(775) 888-3174 Website:Information not found (?)
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    Business CategoriesCrude petroleum production in Carson City, NV
    Crude Petroleum/Natural Gas Production, Crude Petroleum and Natural Gas Extraction
    Cavu Resources, Inc Business Information

    Claim This Profile
    Cavu Resources, Inc is a private company categorized under Oil and Gas Producers and located in Carson City, NV. Our records show it was established in 1995 and incorporated in Nevada.
     
  19. mickymoose99

    mickymoose99 Member

    [SIZE=+1]CAVU Resources, Inc. Acquires Another 49 Miles of Pipeline and 1,700 Acres in Rogers County, Oklahoma [/SIZE]
    TULSA, OK, Nov 23, 2009 (MARKETWIRE via COMTEX) -- CAVU Resources, Inc. ("CAVU") (PINKSHEETS: CAVR), 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.
    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 of 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. 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.
     
  20. Chuck.W

    Chuck.W Member

    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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