TULSA, Okla. and PAULS VALLEY, Okla., June 13, 2012 /PRNewswire/ -- CAVU Resources, Inc. ("CAVU"), which trades as OTC: CAVR.PK, announced today it is providing the grand prize Money for the Okie Noodling Tournament to be held on June 23, 2012 in Wacker Park – Pauls Valley, Oklahoma. This event is one of the largest and most profitable events in the area.
CAVU is currently building its Southern Oklahoma Headquarters at the site of the new FILO SWDW #1 saltwater disposal well in the Pauls Valley area. To show the company's regional support and to help bring more opportunities to Garvin County the company donated the largest prize purse ever offered by this tournament. The larger cash prizes have gotten the interest running high this year with event planners expecting greater crowds than ever before.
The 2012 Okie Noodling Tournament, Festival and Fish Fry is rapidly approaching, this is the event created for the documentary Okie Noodling (2001) that started it all. Please help us make the 13th Annual Okie Noodling Tournament the best yet through your financial sponsorship. This is a once-a-year chance for noodlers and handfishing enthusiasts to compete and meet-up in Pauls Valley, Oklahoma for the world's largest noodling contest. The character of this event, much like the original documentary, is steeped in backwoods tradition given modern cultural relevance. The crowd in attendance is a unique concoction of local fishing enthusiasts from around Oklahoma as well as curious folks and media from around the globe. This is a marketing opportunity aimed at the many facets of the American Heartland.
This event is the only sponsored noodling tournament in the world and has resulted in the sport's recent popular success through shows like Hillbilly Handfishin' (Animal Planet) and Mudcats (History Channel.) Past years have brought The BBC, National Geographic, The New York Times, ESPN, Sports Illustrated, and The Discovery Channel to cover this unique festival.
"Our facebook site and the viral chatter is the most we have ever seen. We believe CAVU's donation and the subsequent follow up support is helping to make this one of our largest turnouts," said Della Wilson, the President of the Pauls Valley Chamber of Commerce.
A recent Pauls Valley Rotary Club luncheon honored Don 'Katt Daddy' Brewer and Dennis 'Copperhead' Williams, stars of "Mudcats" the History Channel reality show about handfishing or noodling in Oklahoma, showed the growing interest in the event. The expanded international coverage along with news and talk show exposure of this event has brought Pauls Valley to the world's stage. "We are honored to help Pauls Valley be a part of Oklahoma and World History," stated 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 then it meant ceiling and visibility unlimited. The pilots believed they would have unobstructed flying allowing them to see their targets quicker, identify the obstacles they needed to overcome, giving them a greater chance of success. The founders of CAVU Resources, Inc. 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, Montana and Texas. The Company has acquired leases and is currently exploring additional opportunities in oil and gas leases.
CAVU's minority owned operating subsidiary, CAVU Energy Services, Inc., licensed Oil and Gas Operating Company manages the company's properties in Oklahoma and plans to operate targeted leases in Kansas, Colorado, Montana and Texas. The company will utilize its own operating equipment and with strategic partners provide contract drilling, fracture stimulation and directional drilling services to oil, natural gas exploration and production companies. CAVU plans to expand operations not only in the traditional Oil and Gas business, but also to invest in technology, waste disposal, Geo-Thermal, solar and 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 http://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.
Specialty Situations Investor Relations
Pauls Valley Chamber of Commerce
Della Wilson, President
112 E. Paul Avenue
Pauls Valley, Oklahoma 73075
Email: [email protected]
SOURCE CAVU Resources, Inc.