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Oil and Gas Production Projects
One of CAVU’s competitive advantages is its access to top shelf deal flow for projects in areas where major established companies have spent the millions of dollars to take the risk out of finding and proving up an area. Some of our current projects that demonstrate this are the following:
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.
To receive information about our drilling services, please click here.
Alternative Energy Projects
The main ‘wind corridor’ in the United States is a 1,200 mile area that runs from Wyoming through Colorado and Kansas into Oklahoma, New Mexico and Texas. In this corridor, wind farm developers include Cielo Energy, Florida Power and Light, Third Planet, Seawest, National Wind, John Deere Wind and others. These are the companies that are now most actively contracting with Landmen/Land Agents to buy up the rights to develop surface projects and leases within this trend. CAVU has identified four potential Wind Farm locations and is working to negotiate the right to purchase wind energy leases.
In December 2007, the Colorado Governor’s Energy Office (CGE) presented to Governor Bill Ritter a 70 page Report outlining all studies of renewable energy within the state. This report identifies areas defined as generation development area (GDA), and CAVU is working to secure leases within these GDA’s where it has been independently verified that there is sufficient wind generation to sustain a wind farm. These area range in potential generation from 2 Gigawatt (GW) of power to 45 GW.
Security Systems
Oil field security is growing business segment with renewed security threats to oil and gas fields around the world. With volatile prices, and difficult economic times, the theft of product and equipment has opened a new revenue opportunity for CAVU’s client base. CAVU has recently developed a security tower utilizing products currently in use by security professionals in government, critical infrastructure, transportation and other security environments. This has given CAVU access to proven, night vision technology, motion sensor and GPS monitoring security technology. CAVU’s systems will provide long-range night vision solution that captures detailed, natural contrast images in zero light at ranges of up to 3,000 meters, even in foul weather and through tinted glass. Delivered via our proprietary camera and hardware system, CAVU’s security technology is ideal for perimeter security in oil security, government, transportation, critical infrastructure and other security environments.
Rehab Housing Projects
CAVU Development is a company with current projects in Tulsa, OK. Our primary objective is to target low income housing and utilize the recently approved home energy credits and neighborhood stabilization credits to rehab abandoned and/or foreclosed homes. Working hand-in-hand with the city during our large scale development projects has enabled us to zero in on the areas that need assistance the most. CAVU will be dedicating a percentage of the properties to service the Section-8 sector of our publics needs.
In efforts to further reduce our carbon footprint, CAVU will be retrofitting all of our investment properties with cutting edge “green” components for energy saving purposes. Taking such measures will give us a preferred status when potential clients are considering their leasing options. Once internal objectives are met, CAVU will be duplicating this model in other major US cities furthering our positive impact on the environment and strengthening the economy.
Energy Trading
CAVU has recently set up operations in Dallas, Texas for fuel trading and has secured several suppliers for D-2 and JP 54 fuel supplies. Representatives looking for multi ton purchases of these products have approached CAVU, and so we are currently negotiating multiple transactions. With our recent and targeted acquisitions coupled with the proposed wind and co-generation facilities, CAVU may qualify for energy credits. If we do qualify, these credits can be traded in a secondary market that CAVU plans to utilize as an additional revenue stream.
Possible Future Business Units
The company is currently exploring additional opportunities in environmental services that include oil field clean up, disaster clean up, hazardous transportation, emergency response, and solar farms.
