SOURCE: CAVU Resources Inc.

CAVU Resources Inc.

June 18, 2010 16:15 ET

CAVU Resources, Inc. Subsidiary Envirotek Fuels Systems Increased Production by 40% Thru Its Northeastern Oklahoma Pipeline

TULSA, OK--(Marketwire - June 18, 2010) -  CAVU Resources, Inc. ("CAVU"), which trades as (PINKSHEETS: CAVR), announced today that the Company's wholly owned subsidiary Envirotek Fuel System has increased its production by 40%. The gas processing facility in Nowata Oklahoma has gone thru a recent overhaul and retro fit. The 40.5 miles of a strategic gas pipeline runs thru the company's 3,140 acre Hogshooter Project in Nowata County, Oklahoma.

Envirotek has begun purchasing third party gas from producers who have had their natural gas wells shut-in due to a limited market for their gas have found Envirotek's upgraded facilities and lower operating cost more attractive then the competing transmission lines. Envirotek has already begun implementing its field development schedule to tie shut-in wells in into its lines. There are approximately a dozen wells that could immediately be tied into the company lines. Additionally, there are producers currently selling to other gas purchasers that have expressed an interest in selling to Envirotek instead at better terms. By purchasing the gas from these producers, the Company will be able to charge transportation costs and generate cash flow that goes almost entirely to the bottom line.

"Natural gas is the overlooked green energy. Gas powered plants emit over 30% less carbon than similar coal powered plants. The Pickens Plan calls for a conversion to natural gas automobiles. The use of Natural gas is on a growth curve. We believe that our upgraded facility and the access CAVU has to additional gas production and transmission lines could play a big part to increase revenue in this rediscovered green energy," said William Robinson, President of CAVU Resources, Inc.

About CAVU Resources, Inc.

During World War II, Navy fighter pilots would look up at the sky and if it was a "CAVU" day, it meant ceiling and visibility unlimited. Pilots knew their path would be clear and their target or goal would be clearly visible. The founders of CAVU Resources 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., providing natural gas delivery and marketing thru its own pipelines, FILO Quip Resources, LLC managing the company's properties and targeted leases in Oklahoma, Texas, Colorado and Montana. CAVU plans to expand operations not only in the traditional Oil and Gas business, but also to invest in Geo-Thermal, Wind, taking advantage of the changing environment and in the world's need for new, green and innovative resources. More information is available at the company's website at

Cautionary note: This report contains forward-looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to U.S. investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as ``reserves'' unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.

Contact Information

  • Contact:
    CAVU Resources, Inc.
    5147 South Harvard Ave.
    Suite 138
    Tulsa, OK 74135
    Tel: 504-722-7402
    Fax: 918-782-0776