Seeking Alpha

robert defilippo's  Instablog

robert defilippo
Send Message
private investor,,bottom line just trying to make a dollar
  • CAVR update 3 comments
    Nov 19, 2009 1:03 PM
    CAVR

    Still positive on all the charts
    RSI Line moved up @ 58.23 + 18.42% the tick is up

     this is the highest day in volume since it started

    trading and i believe there could be a nice jump  

    moving on the asking price which is being appreciated

    and now hearing rumors of possible big news coming sometime today

    keep an eye on it

Back To robert defilippo's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (3)
Track new comments
  • robert defilippo
    , contributor
    Comments (21) | Send Message
     
    Author’s reply » CAVU Resources, Inc. Announces $2.4 Million Letter of Intent to Acquire ASG, Inc.
    Press Release
    Source: CAVU Resources, Inc.
    On 8:00 am EST, Friday November 20, 2009
    TULSA, OK--(Marketwire - 11/20/09) - CAVU Resources, Inc. (Pinksheets:CAVR - News) is pleased to announce that it has entered a Letter of Intent to acquire 100% of the outstanding shares of ASG, Inc. and its wholly owned subsidiaries Applied Survey Systems, Inc., Applied Survey Systems Canada, Inc. and Strata Data, Inc. for $2.4 million in stock and an assumption of $450,000 in debt.

     

    ASG and its subsidiaries provide on a global basis the following services and benefits, Gyroscopic and Magnetic survey and guidance services to the Oil & Gas, Mining and Construction industries. Applied Surveys utilizes rate-gyro technology adopted from the Aerospace industry. The Target INS is a velocity aided true north-finding navigation system with continuous on the fly survey speed limited only by the speed of the wireline. It utilizes innovative strapped down gyros and accelerometers, advanced sensor error compensation and online sensor calibration using sophisticated on-board filtering techniques. These techniques allow accelerated completion time over competing systems.

     

    ASG's wholly owned subsidiary Strata Data, Inc. is a diverse geophysical logging company located in Casper, Wyoming, servicing the needs of the mining industry in addition to groundwater development projects for municipalities and individuals. Within the mining industry, StrataData operates in a variety of mines from gold exploration and coal to uranium exploration. With concern for the environment taking an increasing percentage of energy exploration and production budgets, StrataData has been involved in extensive groundwater monitoring and hazardous waste reclamation projects across the entire western region of the United States. Strata plans to expand its logging and wireline business to include oil and gas with operations opening in Tulsa in the next 30-60 days.

     

    "This puts us in a very favorable position, providing opportunities in both the US and overseas specifically in the Mid East with plans for three test projects in Abu Dhabi. The acquisition of these companies with unique and proven technology, puts CAVU in the position to become a leader in energy recovery technologies," said William C. Robinson, President of CAVU Resources, Inc.
    20 Nov 2009, 08:35 AM Reply Like
  • robert defilippo
    , contributor
    Comments (21) | Send Message
     
    Author’s reply » CAVR

     

    The RSI Line @ 53.93

     

    and its on a dip could be a great time

     

    to reload , i believe there is a lot of potential

     

    in CAVR . the days range is @ .30 -.55

     

    and it has not meet that yet, but i believe it

     

    will , keep an eye on it

     

    Cavu Resources, Inc Is this your company?
    Claim This Profile2533 N Carson St Ste 4116
    Carson City, NV 89706

     

    Phone: (775) 888-3174
    Website: Information not found (?)

     

    Ads by Google

     

    Oil & Gas Investments High-Return Partnership Opportunity More Information Available on Site!

     

    Video Production Company Commercial Production and Editing Request an Estimate Today!

     

    Business Categories
    Crude petroleum production in Carson City, NV
    Crude Petroleum/Natural Gas Production, Crude Petroleum and Natural Gas Extraction

     

    Cavu Resources, Inc Business Information
    Claim This Profile
    Cavu Resources, Inc is a private company categorized under Oil and Gas Producers and located in Carson City, NV. Our records show it was established in 1995 and incorporated in Nevada.
    20 Nov 2009, 12:57 PM Reply Like
  • robert defilippo
    , contributor
    Comments (21) | Send Message
     
    Author’s reply » CAVU Resources, Inc. Acquires Another 49 Miles of Pipeline and 1,700 Acres in Rogers County, Oklahoma

     

    TULSA, OK, Nov 23, 2009 (MARKETWIRE via COMTEX) -- CAVU Resources, Inc. ("CAVU") (PINKSHEETS: CAVR), which trades as OTC:CAVR.PK, announced today that the Company has acquired 49 miles of pipeline and 1,700 acres of oil and gas leases in Rogers County, Oklahoma. Located just north of Claremore, OK, which is about 40 minutes northeast of Tulsa, OK, the pipeline intersects with the recently acquired existing pipeline infrastructure near Nowata, OK. By connecting the two lines, CAVU can develop the 1,700 acres and also purchase gas from multiple producers who have scores of shut in wells in the area that are not currently able to bring their production to market.
    "One of our core strategies is to be independent so that we are not forced to rely on other companies for services, transportation of our product (oil/gas) or drilling of our wells," said William C. Robinson, President of CAVU Resources, Inc. "In this particular case, we felt that having the opportunity to connect 60-70 miles of pipeline provides us with two things. First, it gives us ample capacity to develop thousands of acres of oil and gas leases. Secondly, it provides us with the ability to purchase enough third party gas that we could eventually fund a majority of the development of our own acreage from that cash flow," he added.

     

    This 49 mile segment of line is part of an old existing 10" steel petroleum pipeline that used to transport oil from Bartlesville and other oil fields in northeast Oklahoma to refineries on the outskirts of Tulsa. The original petroleum pipeline was sold off in segments to companies during various downturns in the oil industry over the years. As part of CAVU's acquisition, it will obtain the geological, engineering and field development plans that cover 1,700 acres of leases along parts of the pipeline.

     

    "We think that while the pipeline itself is obviously incredibly valuable one of the intangibles that you cannot book but still represents enormous value are the perpetual right of ways we get," added Robinson. "Obtaining right of ways in some of the developed areas where this line runs are of incredible value to telecommunications, utility, and other companies needing to lay various types of lines. While our strategy will be to develop oil and gas, we believe we may be able to sell rights to use the right of ways for significant amounts of capital."

     

    Before any new wells are drilled, CAVU first plans to connect this segment of line to its existing infrastructure in the Hogshooter Project so that gas can be sold through its existing tap outside of Nowata, OK. Nevertheless, CAVU is already beginning the process of assessing the geological and engineering reports on the acquired 1,700 acres to determine if the recommended drilling locations are where the company would want to begin drilling.

     

    In this area of Oklahoma referred to as the Northeast Oklahoma Shelf, there are multiple traditional reservoirs that can be tested for hydrocarbons as well as several coal bed methane (CBM) zones that are charged with methane gas. Having multiple pay zones in one well dramatically reduces the risk of a dry hole and also improves production efficiency as several of these zones may be produced together, or commingled, in one well bore. These favorable conditions have not only spurred drilling by hundreds of small independent companies but it has also attracted large oil and gas companies such as CEP Mid-Continent, Inc., Endeavor Energy Resources, LLC, Devon Energy, Inc., and Chesapeake Energy, 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 then it meant ceiling and visibility unlimited. This gave you a clear view of your obstacles and allowed you to plan the best options to overcome them, 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 conventional and directional drilling services to oil and natural gas exploration and production companies. CAVU Operating Company, LLC plans to expand operations not only in the traditional Oil and Gas business, but also to invest in Geo-Thermal, Wind, Solar and security, 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 www.cavu-resources.com

     

    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.
    23 Nov 2009, 08:44 AM Reply Like
Full index of posts »
Latest Followers

Latest Comments


Most Commented
  1. EVRN (5 Comments)
  2. IGNT UP DATE (5 Comments)
  3. tchh (3 Comments)
  4. CAVR update (3 Comments)
  5. dnpi (2 Comments)
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.