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

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

 CAVU Resources, Inc. Acquires Another 49 Miles of Pipeline and 1,700 Acres in Rogers County, Oklahoma
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.

CAVR

RSI LINE @ 47.52 and stable

With the news that came out today

i believe CAVR could make a run

As of now its just below bullish

just might be worth watching

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.

Related Quotes

Symbol	Price	Change
CAVR.PK	0.20	0.00

{”s” : “cavr.pk”,”k” : “c10,l10,p20,t10″,”o” : “”,”j” : “”}

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.”

About CAVU Resources, Inc.