Sunday, December 15, 2013 2:07:28 PM
CAVU Resources, Inc. f/k/a/ Proxity, Inc.
302 East 10th Street
Tulsa, OK 74120
(OTC Pink: CAVR)
www.cavu-resources.com
Phone: (855) 766-4695
Date of Report: November 25, 2013
CAVU resources, Inc., (the “Company”) discloses the following supplemental
information:
CAVU Resources Two, LP, Chisholm Lease – The Chisholm B-2 and Nabors 1 wells are
both producing, with work being completed on the natural gas distribution system to
allow the production to be increased and create an additional revenue stream. The
production pump for the B1 is being tested and will schedule installation in the next two
weeks. Unfortunately, the B-3 well cannot be utilized due to significant below ground
damage to the well and was recently plugged. Based on information compiled during the
work-over process on the B-3, the company plans to move forward on a capital raise to
drill a new well in the same location.
FILO SWDW #1, LP. Lucky Beck SWDW – The cleanup, re-drilling and engineering
work at our Luck Beck commercial disposal well site has recently begun. The initial
work over of the old well was reviewed and the casing was not to standards so the well
was plugged. A new well has been designed and CAVU is working with private
investors to complete the balance of the funding required for the project. We expect the
new well and operations to be completed by the end of the first quarter. Recent studies
done by a private saltwater assessment group show this to be a highly economically
viable area.
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