CAVR
CAVU Resources Inc., through its subsidiaries, focuses on the acquisition, exploration, and development of natural resource properties with a focus on the production of oil and natural gas, and solar and wind energy. The company intends to engage in the construction of oil and natural gas pipelines for third parties. It also focuses on providing contract and directional drilling services to oil and natural gas exploration companies. In addition, the company intends to involve in energy trading business, as well as providing environmental clean up services, such as oil field clean up, disaster clean up, and hazardous transportation. Further, it focuses on the refurbish of low income properties with heating and air conditioning, roofing, insulation, doors and windows; provides information systems dealing with government logistics databases and vendor awareness of business opportunities; and services and repairs heavy equipment for the oil and gas industry, including trucks and drilling equipment. As of April 30, 2009, CAVU Resources Inc. had 23 total well bores on 1,880 net mineral acres situated in Kay County, Oklahoma; 8 well bores on 1,700 gross mineral acres located in Baylor County, Texas; and 1 well bore on 160 net mineral acres situated in Garfield County, Oklahoma. The company was formerly known as Magic Lantern Group, Inc. and changed its name to CAVU Resources Inc. in April 2009 as a result of merger between Proxity Acquisition Sub, Inc. and CAVU Resources Inc. companies. CAVU Resources Inc. was founded in 1995 and is based in Carson City, Nevada.
|