April 2011 ARCHIVE

CAVU 1 Well Exceeds Estimates and a 5 Million Dollar Funding Effort Was Re-Launched to Complete the FILO 1, Its 50,000 Barrel a Day Salt Water Disposal Well

(25th April, 2011)

TULSA, Okla., April 25, 2011 /PRNewswire via COMTEX/ — CAVU Resources, Inc. (”CAVU”), which trades as /quotes/comstock/11i!cavr CAVR +17.78% , announced today that the CAVU 1 recently put into production exceeded the initial estimates. CAVU has also re-launched its 5 million dollar private placement to replace funds expended [...]

CAVU Resources, Inc. Announces Recompletion of 3 Chisholm Lease Producing Wells With Initial Combined Flow Rates of 60 Barrels of Oil a Day

(18th April, 2011)

TULSA, Okla., April 18, 2011 /PRNewswire via COMTEX/ — CAVU Resources, Inc. (cavr:PINKSHEETS), announced today that the Third Phase of its Chisholm Lease rework and the reworking of 3 producing wells and 1 Salt Water disposal well was completed. The initial combined flow rates are estimated at 60 barrels a day of oil (BOPD).
The three [...]

CAVU Resources, Inc. Announces an Initial Flow Rate of 24 Barrels of Oil a Day on Its CAVU 1 Well

(15th April, 2011)

TULSA, Okla., April 15, 2011 /PRNewswire via COMTEX/ — CAVU Resources, Inc. (”CAVU”), which trades as OTC: CAVR.PK, announced today that the Company’s well, CAVU 1, was recently re-entered and reworked producing an initial flow rate of 24 barrels of oil a day and an estimated 300 MCF of natural gas.
CAVU’s wholly owned subsidiary FILO [...]

CAVU Resources, Inc. Engages ESP Resources, Inc. to Increase Well Production on Three Stimulus Projects

(13th April, 2011)

TULSA, OK, Apr 13, 2011 (MARKETWIRE via COMTEX) — CAVU Resources, Inc. (”CAVU”), which trades as (pinksheets:CAVR), announced today the engagement of ESP Resources, Inc. /quotes/comstock/11k!espi ESPI -2.50% (”ESP Resources”), a manufacturer, blender, distributor, and marketer of specialty chemicals and analytical services to the oil and gas industry, to [...]

Cavu Resources, Inc. Acquires 1600 Acre Big Horn Lease in Montana

(11th April, 2011)

TULSA, OK, Apr 11, 2011 (MARKETWIRE via COMTEX) — CAVU Resources, Inc. (”CAVU”), which trades as (pinksheets:CAVR), is pleased to announce that it has entered into an agreement for $300,000 in cash and stock with Nitro Petroleum, Inc., a Nevada Corporation, (NITRO) to acquire oil and gas leases covering approximately 1,600 acres in Montana with [...]

CAVU Resources, Inc. Files 2010 Annual Report With Pinksheets.com

(4th April, 2011)

TULSA, OK, Apr 04, 2011 (MARKETWIRE via COMTEX) — CAVU Resources, Inc. (”CAVU”), which trades as (pinksheets:CAVR) announce today that pinksheets.com filed CAVU’s annual report and exhibits after the company was unable to access its secured site with pinksheets on Friday.
The past years operations grew from $2,011,780 in 2009 revenue to $2,250,715 in 2010 from [...]