October 2011 ARCHIVE

CAVU Resources Subsidiary CAVU Energy Service to Form Operating Company With PPV, Inc. and to Raise $5.5 Million

(24th October, 2011)

CAVU Resources Subsidiary CAVU Energy Service to Form Operating Company With PPV, Inc. and to Raise $5.5 Million  | read this item

TULSA, Okla., Oct. 24, 2011 /PRNewswire via COMTEX/ — CAVU Resources, Inc. (”CAVU”), which trades as CAVR -11.11% , announced today that its operating subsidiary CAVU Energy Services, Inc., reached agreement with PPV, Inc. to form a joint operating company and to raise up to $5.5 million to acquire or build and operate oil and [...]

CAVU Resources, Inc. Sells FILO #1 Saltwater Disposal Well for Cash and 3 Million Shares of Stock

(20th October, 2011)

CAVU Resources, Inc. Sells FILO #1 Saltwater Disposal Well for Cash and 3 Million Shares of Stock  | read this item

TULSA, Okla., Oct. 20, 2011 /PRNewswire via COMTEX/ — CAVU Resources, Inc. (”CAVU”), which trades as OTC:CAVR.PK, announced today that the company sold its interest in the FILO # 1 Saltwater Disposal well to the recently spun off CAVU Energy Services, Inc. (”CAVU Energy”). CAVU Energy issued a short term cash note in the amount [...]