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CAVR - Cavu Resources - Page 3

post #41 of 79

cavr

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.

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{"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."
post #42 of 79

CAVR

-CAVR-

RSI 46.08
on small dip

@ .20
next resistance @ .25

-BB .368
Spread needs to thighten a little as of now its .18x.22
once this happens we should see some movement

I see CAVR going green
put it on your watch list
post #43 of 79

CAVR-CAVU Resources, Inc. News out 12/15 pre-market

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.
post #44 of 79
I'm looking for CAVR to hit $.40 and double up my money. Any speculations on when this might happen (again)?
post #45 of 79
CAVR down 25% to .15. Good time to buy now!
post #46 of 79

Very nice recent news and todays 10% was nice to see

CAVR -- nice action today and great news out

closed up 10% with good volume, should do very well again tomorrow

http://**************.com/quote.php -- input the ticker if need be

CAVU Resources, Inc. Announces Completion of Phase One of the Pauls Valley Redevelopment Plan
Jan 20, 2010 8:00:00 AM
Email Story Discuss on ZenoBank

View Additional Profiles

TULSA, OK -- (MARKET WIRE) -- 01/20/10 -- CAVU Resources, Inc. (PINKSHEETS: CAVR) announced today the completion of Phase One of the redevelopment plan on the 140 acre Pauls Valley Project in Garvin County, Oklahoma.

The recently acquired FILO Quip Resources, LLC is the owner and operator of the project. FILO will be 100% owned by CAVU under the modified acquisition agreement closed in October. With recent engineering and on site assessment, the company reworked two producing wells with down-hole reservoirs and targeted two other wells that are scheduled to be reworked and completed in new formations.

The Chisolm B-2 was previously re-entered to the Bromide formation at about 3,000 feet then deepened to the Basal Oil Creek formation at about 3,800 feet. FILO has installed a high tech submersible pump with a planned wireless SCADA system allowing the wells to be monitored and controlled online. After analyzing the recent production data and recalibrating the well, its daily production has increased 20% to 30 barrels of oil per day ("BOPD").



chart link -- http://stockcharts.com/h-sc/ui?s=cavr

yahoo link -- http://finance.yahoo.com/q?s=cavr.pk

web site -- http://www.cavu-resources.com/


Contact Us

CAVU Resources, Inc.
2533 North Carson Street, Suite 4116
Carson City, NV 89706
Tel: (775) 888-3174
Fax: (775) 883-2384
post #47 of 79

CAVR-CAVU Resources, Inc. Announces Mobilization/Start of a 10 Well Hogshooter Develo

CAVU Resources, Inc. Announces Mobilization and the Start of a 10 Well Hogshooter Development Program
.Companies:Cavu Resources Inc..Press Release Source: CAVU Resources, Inc. On Monday January 25, 2010, 8:00 am
TULSA, OK--(Marketwire - 01/25/10) - CAVU Resources, Inc. ("CAVU"), which trades as (Pinksheets:CAVR - News) announced today the mobilization of equipment and the start of a initial 10 well development program on its 3,140 acre Hogshooter lease in Nowata County, Oklahoma.

This area of northeastern Oklahoma has an extensive drilling history extending back to the early 1900s. With access to so much historical data and well control, the Company has been able to formulate a development plan that includes the drilling of new wells off-setting good producers (wells that had initial production rates of 50-150 MCFD) as well as reworking wells to improve current production rates.

The unique and very valuable quality of this project is that it has several traditional reservoirs and coal methane zones are charged with hydrocarbons, thus providing multiple pay zones in one well. These zones may be produced individually or commingled to increase production rates for each well. Primary hydrocarbons are oil, natural gas and methane gas, with estimated pay thickness of 2 to 20 feet for reservoir rocks. Most coal seams range in thickness from 2' to 8' of pay with about 3-4' being the average pay thickness in this project.

"We have targeted three wells to rework and seven new wells to be drilled over the next three months. We are developing this project utilizing our own drilling equipment and local contractors. It allows us to take our time when drilling these wells, so that we can optimize production from the many hydrocarbon bearing zones all in one well," said William C. Robinson, President of CAVU Resources, Inc. "By using our own pipelines we are able to deliver our natural gas direct to market without having to sell to a third party, saving anywhere from 20-40% of the production revenues for transportation charges."

Historically, production rates in this area from Natural gas from 5,000 to 200,000 cubic feet of gas per day (5 to 200 MCFD). Since most of this gas is produced from coal seams, initial production rates are actually lower and increase over the first few months because coal seams must "dewater," where water in place in the coal seam is brought to the surface freeing up the gas to begin coming to surface through the well bore. As a result, a typical scenario would be for a well to produce from a coal seam and after dewatering for about a month to start giving up its natural gas. The flow rate starts slow and increases as the water comes off with most wells settling in around 50-100 MCFD.
post #48 of 79

CAVR NEWS

TULSA, OK--(Marketwire - 01/28/10) - CAVU Resources, Inc. ("CAVU"), which trades as (Pinksheets:CAVR - News), announces the state of the company with projections of combined operations for 2009 of over $1,650,000 in revenues.

The past year's operations grew from $150,000 in 2008 revenue to $1,650,000 in 2009 from growth through acquisitions. CAVU's operating subsidiary Envirotek Fuel Systems, Inc. ("Envirotek") produced and transported 161,500,000 mcf of natural gas in 2009 creating $535,000 from gas sales and third party gas production. The recent acquisition of additional pipelines and the start of a 10 well development program should quickly add new revenues to Evirotek production numbers.

The FILO Quip Resources, LLC ("FILO") acquisition has brought new revenues to CAVU. Since FILO restarted its operations in September of 2009 over 3,200 barrels of oil were produced adding another $121,000 of royalty revenue to the combined companies. The recent rework plan and planned commercial disposal well should bring increased production and new revenues in 2010.

The parent company CAVU has focused on acquisitions that produce revenue from drilling, subcontracting and leasing of equipment producing $990,000 in gross revenues. Start up cost, acquisition and development cost have been necessary to build CAVU reducing the bottom line but providing a base for growth in 2010.

CAVU is focusing on projects and acquisitions that bring future value, increased revenues and the opportunity for future profits. Its new operating company CAVU Energy Services, LLC has targeted drilling in both conventional and directional drilling opportunities in the United States and abroad. CAVU's future growth will target projects that can be funded with conventional borrowing and revenue sharing to reducing the need to issue new equity. By combining conventional funding, increasing production revenue and third party contracting, CAVU can continue to grow in 2010. The company plans to issue its 2009 financials in February and final numbers could vary from the projected numbers released.

"Over $2,000,000 in debt was reduced in 2009 and the company's losses are estimated to be less than $700,000 for the first year's operation. CAVU has definitive plans to further reduce cost and focus on acquiring revenue that reduces acquisition cost and provides profitability over the next two years. Since CAVU restructured in April of this year the company has built assets, reduced debt and acquired revenue and acquired projects with potential future growth," said William Robinson, President of CAVU resources, Inc.
post #49 of 79
They had a new PR today:

http://money.cnn.com/news/newsfeeds/...re/0582333.htm

CAVU Resources, Inc. to Acquire $780,000,000 of Recoverable Reserves.

GLTA in this stock...
post #50 of 79
Big news on CAVR. This company put out an awesome pr today. Company is looking to become an Independent Natural Resource Company. They are in the process of accuiring a seven mile gas gathering pipeline that will bring in 780,000,000 in revenue.They are purposely witholding the name and location of the well until all test are complete. I am currently taking another position in this stock today. I belive this stock will apprecatie this week and we will be back up to trading back in the .35 -.55 range again
post #51 of 79
anyone got any info on this? That PR looked strong, I wonder where the volume is?
post #52 of 79
Just bought 6000 pieces @ 0.033

52 week low = 0.03 I think this is worth a try...

GLTA in this.
post #53 of 79
CAVU RESOURCES, INC. (PINKSHEETS: CAVR) is pleased to announce that the board of directors of CAVU Resources, Inc. voted to reduce the company's authorized common shares by 400,000,000 to 200,000,000 with 78,185,957 common shares currently issued and outstanding. The company also announced the retirement of approximately $925,000 of outstanding convertible notes and the closed any further offing of convertible shares under its recent Reg D filing.
post #54 of 79
CAVR "CAVU Resources", Inc. Announces $2 Million in Revenue for Initial 2009 Annual Financial Results (MRW)

CAVU Resources, Inc. Announces $2 Million in Revenue for Initial 2009 Annual Financial Results


Apr 19, 2010 8:05:00 AM


TULSA, OK -- (MARKET WIRE) -- 04/19/10 -- CAVU Resources, Inc. ("CAVU"), which trades as (PINKSHEETS: CAVR), announces the initial financial results of the company.

The past year's operations grew from $150,000 in 2008 revenue to $2,011,780 in 2009 from acquisitions as well as internal growth providing net losses of approximately $197,000. CAVU has grown its total assets from approximately $653,000 to $4.8 million with approximately $1.2 million in net assets. The recently acquired 100% owned subsidiaries FILO Quip Resources, LLC ("FILO") and Envirotek Fuel Systems, Inc. ("Envirotek") produced and transported approximately 161,500,000 mcf of natural gas and 3,200 barrels of oil in 2009 creating over $400,000 of revenue from gas sales and oil sales. The recent acquisition of an additional pipeline and the start of well rework and development programs should add new revenues to CAVU's wholly owned subsidiaries.

CAVU is focusing on projects and acquisitions that bring future value, increased revenues and the opportunity for future profits
. CAVU has sold non-producing assets and will focus only on cash flow positive acquisitions. Its new operating company CAVU Energy Services, LLC has targeted drilling in both conventional and directional drilling opportunities in the United States and abroad. CAVU's future growth will focus on projects that can be funded with conventional borrowing and revenue sharing to reducing the need to issue new equity. By increasing production revenue and third party contracting, CAVU should enjoy continued growth in 2010. The final numbers could change and the company's annual report and the planned annual meeting date will be released with Pink Sheets after final review from auditors and legal counsel.
post #55 of 79

Halliburton luv'n the Bakken Shale

Apr 20, 2010 US Market Closed NASDAQ 2500.31 20.2 0.81% | DJIA 11117.06 25.01 0.23% | S&P 1207.17 9.65 0.81%

Halliburton CEO: Oil, Gas Shale Development Continues Unabated

DOW JONES NEWSWIRES

Oil and gas producers' push to develop prolific onshore fields known as shales is driving the increase in North American service activity, Halliburton Chief Executive Dave Lesar said Monday.

"The shift toward the major shales has continued unabated," Lesar said in a conference call to discuss the company's first-quarter earnings.

Oilfield service providers were hard hit last year by steep declines in commodity prices and a broad pullback in drilling activity. However, the move by producers to exploit gas and oil bearing rock formations - known as shales - helped lift the company's earnings during the quarter. Those fields are service- intensive, requiring complex drilling and well completion techniques to release the oil and gas trapped within the rocks.

The increased demand for services in these fields has given Halliburton the opportunity to increase prices closer to the levels necessary for the company to "generate adequate returns." Lesar said.

However, the company remains cautious about the outlook for natural gas prices and keep a lid on the recent increase in drilling activity.

"Natural gas fundamentals are causing concern coming out of the heating season which may potentially disrupt the current rebound in drilling activity," Lesar said.

Lesar noted many producers are shifting to oil-rich fields like North Dakota's Bakken Shale and the Eagle Ford Shale in South Texas to take advantage of higher commodity prices.

The number of rigs drilling for natural gas in the U.S. rose to 973 last week, up about 28% from the end of 2009, according to data from oilfield services provider Baker Hughes Inc.

-By Jason Womack, Dow Jones Newswires; 713-547-9201; jason.womack@dowjones.com

http://www.nasdaq.com/aspx/stock-mar...inues-unabated
post #56 of 79
CAVU Resources, Inc. 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.
post #57 of 79
Drilling Services

CAVU recently acquired three drilling rigs and the associated support equipment. The first rig is rated to 8,500’ and is currently in Morgan County, Colorado drilling a well for another company. The second rig (at right) is rated to 5,500’ and has just finished drilling two wells for another company about 40 minutes west of Tulsa, OK. The third rig is an air rig that is rated to 2,000’ and it is being moved to Nowata County, OK to drill a few wells for CAVU Resources.

CAVU has access to seasoned drilling crews both to work its own leases and to lease drilling services on a contract basis. CAVU recently closed a $1.6 million dollar funding with Verilease Finance, LLC for drilling and completion equipment.
post #58 of 79
Has been sitting on 027's firmly for a few days. MACD trying to cross the zero line on the daily.

http://stockcharts.com/h-sc/ui?s=CAV...d=p03333910693

Hopefully setting up for PR blitz!!!
post #59 of 79
There are also moving averages (the Tenkan and Kijun lines) which act like the MACD crossover signals with the Tenkan crossing from underneath the Kijun as a bullish signal, while crossing overhead giving a bearish signal.



http://stockcharts.com/h-sc/ui?s=CAV...d=p38128997966
post #60 of 79

Low FLOATER moving

James Crane: Crane is a Certified Public Accountant and holds licensesas a general securities representative. Mr. Crane has significantexperience with United States public company finance and accountingmatters, where he has served businesses traded on the New York StockExchange, NASDAQ and Over the Counter Bulletin Board (U.S.) since 1999.

http://www.jcraneco.com/about/clients.ht...


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