CAVR is in a unique situation never seen before, where dependence in Oil continues to remain strong yet turmoil in the Middle East and other energy sources like Japan’s Nuclear Program safety is in question. Countries are looking for alternative sources of oil and US currently has one of the largest untapped oil resources base - CAVR is right in the heart of this economic shift to capitalize – big time!
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CAVR released 2 monster press releases within a 24 hour period, and after being quiet on the news front since last year, we suspect something major is brewing in the company – these price levels will not last and we are taking every opportunity to load up on any minor dips.
CAVR last traded at $0.0255 up 15.9% with strong volumes – additional news today help push the stock to higher grounds and boosting our total gains to 125% since our $0.01 price alert last week.
Let’s break down the major point of both press releases and you will see that CAVR is on the verge of something big:
* CAVR to file year end financial by end of March – uplist to current
* CAVU plans to submit additional updates on production
* CAVU land team plans to begin working with people in the area who have shut-in wells on their land. Preliminary talks suggest that a majority of these shut-in wells can be acquired at a huge discount to their value
* There are also about another 200 other wells in the general area that are shut-in with most believed to be commercially viable.
* CAVU believes that within 12 months of acquisition of 30-50 shut-in wells that the commercially viable wells can be turned on, which is estimated to result in additional production ranging anywhere between 300-700 BOPD in production.
* CAVU Resources, Inc. Issued a 50,000 Barrel a Day Permit for One of the State’s Largest Disposal Well in Southern Oklahoma
* CAVU to offer 24 hour, 365 day a year service – downtime should not be an issue
* In addition to income generated from disposal fees, a significant source of income is generated from “skim oil.
* The skim oil aspect of the saltwater disposal business is like owing a producing well which never depletes.
* the company could target additional trucking companies or engage in joint ventures and partnerships to guarantee a steady volume of saltwater for disposal.
* More to come
These two press releases already alludes to millions of dollars in profits adding significant value to the company’s valuation which more and more investors are starting to realize now.
As more news and updates are expected soon and with some positive surprises anticipated, sideline investors will once again say to themselves why did they not get in earlier – this is as early as it gets to capitalize on monster gains.
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. The pilots believed they would have unobstructed flying allowing them to see their targets quicker, identify the obstacles they needed to overcome, giving them a greater chance of success. The founders of CAVU Resources, Inc., 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 drilling, fracture stimulation and directional drilling services to oil, natural gas exploration and production companies. EnviroTek Fuel Systems, Inc., provides natural gas delivery and marketing thru its own pipelines, .... More information is available at the company’s website at http://www.cavu-
DOUBLE EAGLE HOLDINGS
DEGH is starting to once again pick up some momentum in price and volume as we first alerted our members in the sub-pennies and gaining 4,500% on our recent bullish run.
With DEGH starting to pick up steam we are again alerting our members that this long term play looks to be ready for some significant updates to hit the wires. As indicated in their recent filings, DEGH is in the middle of a reverse merger and details will be forthcoming – we believe the time is close at hand to announce the completion and additional details of the reverse merger.
DEGH closed at $0.03 up 37% on the day, with higher closes and increasing volumes, DEGH may just be ready for another breakout to historic highs.
We are putting DEGH on high alert for updates and price appreciation, stay tuned to our twitter page at http://www.twitter.com/
“Effective October 18, 2010, the Company entered into a Letter of Intent (“LOI”) with M.E. “Hank” Durschlag, its CEO to acquire Pocket Drops, Inc. and Skin Science, Inc. The Company is seeking debt and equity financing to complete the purchase and begin marketing. Pocket Drops has developed several concentrated sublingual drops to include electrolytes for sports, caffeine drops for energy and vitamin drops for children. Skin Science is a patent-pending system including manufactured thin film incorporating natural and synthetic active ingredients that when applied in conjunction with heat and moisture increase the overall health and beauty of your skin. Skin Science has also formulated a product for acne treatment.”
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