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Friday, March 25, 2011 10:10:47 AM
Cavu Resources (CAVR)
0.044 ? 0.002 (4.76%)
Volume: 103,298 @ 9:35:41 AM ET
Bid Ask Day's Range
0.04 0.044 0.042 - 0.044
i think volume should start picking up nicely here soon.
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.
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