CAVU reported that progress has been made at the Company’s Chisholm Lease, despite severe weather conditions, flooding, and tightness in the availability of needed equipment. In spite of these delays, most of the reworking of the first three wells has been completed and it is expected that the remaining equipment will be delivered and installed by the end of this week.

“If the weather remains favorable, we expect to start pumping next week. Initially we were slowed down because we made the business decision to immediately upgrade these three wells into state of the art producers. This will save us considerably in the long term, and will eliminate possible revenue interruption that can come with old equipment. We have accomplished these upgrades on each well. Obviously, we suffered from several occurrences of terrible weather here in Oklahoma which further delayed us. It is important for our shareowners to recognize that once we begin pumping, it will bring revenue 24 hours a day, 7 days a week, even if we experience the same severe weather again. We have done things right, it has taken time, and there is no doubt that our original plans were indeed delayed, for the reasons I have just outlined. However, nothing has changed to the inherent value of our projects. Our Advisory Board continues to provide oversight, business direction and assistance with funding sources, and has helped place CAVU on a new path of growth and future prosperity. Nothing is more important to all of us than proper execution of what we say we are going to do, and demonstrating that to our shareholders. To that end we will provide a continuous stream of information on the results.

With the start up of the Chisholm lease we expect continuous production that exceeds our past results. Once we flip the switches, we will be keep shareholders updated with periodic production reports. Additionally, in the very near future we will complete the re-entry and preparation work on two more wells at Chisholm, as part of our ongoing plan to re-build production and revenues from this field,” stated William Robinson, CAVU COO.

Additionally, CAVU announced that as part of Its upgrade, the Company will have 24/7 electronic controls and monitoring of all sensitive equipment on each well at the Chisholm Lease, the Barbee Lease in Nowata County and the Hogshooter Lease in Washington County. This state of the art system will be installed concurrent with the remaining installation tasks at the project. This will not only offer superior security for our assets, but minimize the environmental impact of equipment failure.

Management is pleased to report that Its subsidiary, CAVU Energy Services, Inc., has secured a development and management contract in Nowata, Oklahoma. Despite adverse weather conditions, nine of twelve wells have been reworked and are producing. This new relationship will bring in fee revenue and a carried interest in the project. Robinson stated, “We are gratified with the addition of this new contract and we are pursuing additional opportunities for revenue and a future stream of earnings that do not require the use of corporate funds.”

CAVU is cancelling plans for a previously proposed spinout and listing of CAVU Energy Services, Inc. Louis Silver, CAVU’s CEO, commented, “We have determined that it is in the best of our shareholders, to whom we have a fiduciary duty, that we stay in control of our future. Previously, CAVU has been disappointed by relying on outside parties to play key roles in executing the previous business plan. This will not happen going forward, short of a guarantee. Your new management team is highly focused on monetizing the Company’s valuable assets. Going forward, our near term plan is produce oil and gas, generate revenue, and maximize profits. Eliminating unnecessary entities that compete for the focus of our management team and reducing the attendant complexity and confusion is the best course of action for us at this stage of our development.”

Silver continued, “As our shareholders may have noted in our recent quarterly filings, we sent a demand and foreclosure letter to the management of Energy Revenue America, Inc. notifying them of our intent to take possession of the assets related to the Envirotek Fuel Systems, Inc. As of this date we have not received a proposal on curing the default. As this is now a legal matter, I have nothing further to say at this time, except that the notes were non-performing and therefore unproductive for us, and developing and managing the project ourselves is preferable. We will update shareholders as this issue progresses.”

In a separate development, CAVU has engage a contractor to clean up the FILO Saltwater Waste Disposal Well #2 site to meet environmental standards and has completed an environmental and economic impact study. The results project that a 10,000 barrel per day disposal well is feasible. Based on the findings the Company is applying for a Kansas State Bond and Operators License. At the present time the Company is working to complete the offering for funding this project.

Finally, the Company has engaged a geologist and an engineering firm to complete a PV 10 Economic Study for the Hogshooter and Chisholm leases.

Silver stated, “To summarize, a lot has been achieved in our efforts to monetize our assets, rationalize our corporate structure, and to streamline and move revenue generating projects forward in the most effective manner. Billy has dealt with uncontrollable adversities in the operating area in an astute and cool manner. Though we are a bit behind our schedule for Chisholm, we have been able to move faster than expected in other areas. Rest assured that your management team is highly focused in two critical areas - 1) producing revenue and profits for CAVU, and 2) seeking and negotiating the best possible arrangements for growth capital to accelerate the development of CAVU’s assets.”

About CAVU Resources, Inc.

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, Texas, Kansas and Louisiana. CAVU’s operating subsidiary, CAVU Energy Services, Inc., licensed Oil and Gas Operating Company manages the company’s properties in Oklahoma with plans to operate targeted leases in Texas, Kansas and Louisiana. 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.

Contacts:

CAVU Resources, Inc.

William Robinson, Chairman

Louis Silver, CEO

302 east 10th Street

Tulsa, OK 74120

Email: info@cavu-resources.com

Website: www.cavu-resources.com

855-766-4695

SOURCE CAVU Resources, Inc.

CAVU CEO, Louis Silver stated, “2012 was a year of operational and corporate development in which CAVU disposed of assets that are not consistent with our core focus, executed on our plan to begin re-working more of our wells to allow for greater revenue generation, renegotiated and terminated business arrangements that were not working for the benefit of our shareholders, and cleaned up our balance sheet.”

Silver, who became CEO in January, 2013 further commented, “Consistent with our strategic plan to optimize shareholder returns from the company’s productive assets, we terminated the Joint Venture Agreement with CAVU Global, for contractual reasons. We believe that the company’s prospects are improved by maximizing our options available to develop our assets in the most flexible manner. We are executing on plans to develop our properties, negotiating with potential investors in order to accelerate growth, and proceeding in an appropriately managed and judicious manner. We are happy with our progress in strengthening our balance sheet. Accounts payable were reduced by $519,000, notes payable, by $1,137,000, and shareholder’s equity was increased by $1.8 million, to $5.6 million. As our revenues increase this year from adding more wells to production, we are hopeful of becoming a debt-free company by year-end.”

About CAVU Resources, Inc.

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 and Louisiana. CAVU’s operating subsidiary, CAVU Energy Services, Inc., licensed Oil and Gas Operating Company manages the company’s properties in Oklahoma with plans to operate targeted leases in Kansas, Texas and Louisiana. 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.

Contacts:
William Robinson, President Louis E. Silver, CEO
Email: cavu76@icloud.com info@cavu-resources.com
Phone: 855-766-4695 ext. 700 Phone: 855-766-4695 ext. 701

Website: www.cavu-resources.com

President and COO William Robinson stated that they will begin pumping operations at its second well sometime next week. “This will bring production from the project up to an estimated 39 barrels of oil per day. In the very near future we will complete the re-entry and preparation work on two more wells, as part of our ongoing plan to re-build production and revenues from this field. We are estimating that the remaining wells to be reworked will bring in an additional 100 barrels day in production.”

About CAVU Resources, Inc.

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, Texas, Kansas and Louisiana. CAVU’s operating subsidiary, CAVU Energy Services, Inc., licensed Oil and Gas Operating Company manages the company’s properties in Oklahoma with plans to operate targeted leases in Texas, Kansas and Louisiana. 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.

Contacts:CAVU Resources, Inc. William Robinson, Chairman302 East 10th StreetTulsa, OK 74120Email: cavu76@icloud.com Website: www.cavu-resources.com Tel: 504-722-7402

SOURCE CAVU Resources, Inc.

Effective immediately, Louis Silver has been appointed CEO. Silver has held several senior management and CEO positions in the services, manufacturing and financial services sectors. Mr. Silver will focus on the general management, administrative management and strategic corporate financial management functions of CAVU. His presence will enable William Robinson to more effectively build the oil and gas operations and oil services operations of CAVU.

CAVU has also formed an Advisory Board comprised of five experienced executives from the diverse fields of corporate law, investment banking, marketing and public relations to advise and assist Messrs. Robinson and Silver on the strategic matters related to growing CAVU and achieving its corporate goals.

William Robinson stated, “We feel that these additions to our management team provide the organizational resources that will supercharge the achievement of our plans and goals in an astute and professional manner. Our management team has negotiated an expandable line of credit to acquire equipment for its current and targeted acquisitions. Increasing our cash flow will also allow us to complete the payment of our vendor debt and move towards eliminating all of our short term debt.”

The company also announced that it secured an equity capital injection from its management team that will immediately result in the completion of the rework and reentry of two producing wells on its Chisholm Lease, with the planned reentry into a 3rd well to follow in the near future. The Company expects cash flow initially to be $50,000 per month to CAVU ($35,000 net income), and once the third well is reentered and producing, the projected cash flow could increase to $90,000 per month. Supporting these efforts, and the coming further expansion, is a new equipment funding Line that CAVU has entered into that will accommodate most of its capital equipment needs for the foreseeable future.

Louis Silver commented, “These financing achievements, executed under favorable terms, will enable CAVU to produce significant cash flow to internally fund our growth as we see our opportunities right now, and to provide funds for shareholder dividends in the not too distant future. Additionally, it gives the Company the ability to move forward on the Chisholm Lease immediately and the Hogshooter in the near future. Your new management team is committed to keeping shareholders informed of significant developments and closed transactions in the future, as we endeavor to ensure that shareowners reap the lion’s share of the rewards from the upcoming opportunities that CAVU has secured.”

About CAVU Resources, Inc.

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 and Louisiana. CAVU’s operating subsidiary, CAVU Energy Services, Inc., licensed Oil and Gas Operating Company manages the company’s properties in Oklahoma with plans to operate targeted leases in Kansas and Louisiana. 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.

Contacts:

CAVU Resources, Inc.
William Robinson
Chairman
5147 South Harvard Ave, STE 138
Tulsa, OK 74135
Email: info@cavu-resources.com

www.cavu-resources.com Tel: 504-722-7402

Paradigm has been contracted by CAVU Resources, Inc., (”CAVU”), (otc pinks:CAVR) of Tulsa, Oklahoma to work on a lease with up to 65 shallow wells in Northeast Oklahoma. Most of the wells are cased wells with no equipment. The Centurion is expected to assist CAVU in understanding the fluid level in each of the wells, provide information about potential recovery from the wells, assist in determining formation porosity and provide valuable information to the management of CAVU for determining its future investment expenses for equipping and reworking any of those wells.

“We are excited about utilizing this technology to prove the economics of our Hogshooter lease. With our new partners and large re-development project planned, having facts and proven results will allow us to maximize our returns and accelerate the project,” stated William Robinson, CEO of CAVU.

The timing is right; the demand for domestic oil production is increasing and information about existing wells having only recovered a small percentage of the reserves keep coming out. Management believes the Centurion will be helpful to companies like CAVU which need the most real time data before making an investment in rework projects. Paradigm’s ability to provide reoccurring service to companies like CAVU over time will be important to all parties. “Paradigm’s goal is to have a fleet of 10 Centurion Trucks and crews in different geological regions and generating as much revenue as we can by the end of 2013 by utilizing our Centurion technology,” stated Vince Vellardita.

About CAVU Resources, Inc.

CAVU’s Mission is to become 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, Louisiana, Kansas and Texas. The Company has acquired leases and is currently exploring additional opportunities in oil and gas leases. CAVU Energy Services, Inc., a licensed Oil and Gas Operating Company operates the company’s properties in Oklahoma with plans to operate targeted leases in Kansas, Louisiana and Texas. CAVU plans to expand operations not only in the traditional Oil and Gas business, but also to invest in technology for water reclamation and saltwater facilities, 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 .

About Paradigm Oil and Gas, Inc. Paradigm Oil and Gas Inc. (otc pink:PDGO) is a dynamic company in business to both provide service work to the oil and gas marketplace and to produce oil. Paradigm’s goal is to identify oil producing wells and use modern technology to make them profitable based on modern commodity pricing. For more information about Paradigm Oil and Gas, visit the website at www.paradigmoilinc.com .

Forward Looking Statements.This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. Paradigm Oil and Gas, Inc., is a company with limited experience in the oil and gas industry. At the time of this release Paradigm Oil and Gas, Inc. lacks the financial capabilities to meet its financial obligations and its management expects to dilute the Company’s shares to raise the necessary operating capital. Based upon industry standards Paradigm would be considered highly speculative and lacks any competitive advantage over its competition. Additional risks you should consider are that this list is limited and additional risks not mentioned may apply: failure to meet Paradigm’s financial and contractual obligations, Paradigm’s managerial errors made based upon the Company’s limited experience and knowledge of the industry, commodity risk, acts of God and regulatory risk. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Contact:Vince Vellardita Paradigm Oil and Gas, Inc. vince@paradigmpdgo.com 1-727-776-3114

Contacts:

CAVU Resources, Inc.William Robinson5147 South Harvard Ave, STE 138Tulsa, OK 74135Email: info@cavu-resources.comWebsite: www.cavu-resources.comTel : 504-722-7402

SOURCE Paradigm Oil and Gas, Inc.

CAVU has reached an Agreement with Energy Revenue America, Inc, which brings current the Note CAVU owns for the sale of Envirotek Fuel Systems, Inc. As a result, this Note has been restructured (with interest and penalties) to the amount of $2,844,040 as of November 20, 2012.

Subsequently, the CAVU note has been restructured as follows:

*exchanged $100,000 of the debt for a 160 acre, 10 well oil and gas property in Kansas

*assigned $500,000 of the Energy Revenue’s note with a minimum of $375,000 to be credited against CAVU’s outstanding debt with private investors

*accepted a $25,000 payment in November, with monthly payments to CAVU of $100,000 starting December 20, 2012, with the balance due to be paid no later than May 20, 2013

CAVU has also purchased an existing saltwater disposal facility in Southern Kansas and has targeted opportunities in Louisiana and Texas for a partnership in additional saltwater disposal wells.

The Company expects to be making further announcements on other business developments in the very near future.

“We have spent many months working through all the Company’s debt issues, developing partnerships and moving our assets into a more productive environment. We have negotiated new proposals allowing for CAVU to be debt free in 2013. The company is moving towards its strongest financial and growth position. Any fears that we were at our end have been eliminated and there is strong appearance we finally are at the beginning of solid, sustainable growth at CAVU. I personally want to thank our shareowners and business partners for their continued support,” stated William Robinson, CEO and President of CAVU Resources, Inc.

About CAVU Resources, Inc.

CAVU’s Mission is to become 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, Louisiana, Kansas and Texas. The Company has acquired leases and is currently exploring additional opportunities in oil and gas leases. CAVU Energy Services, Inc., a licensed Oil and Gas Operating Company operates the company’s properties in Oklahoma with plans to operate targeted leases in Kansas, Louisiana and Texas. CAVU plans to expand operations not only in the traditional Oil and Gas business, but also to invest in technology for water reclamation and saltwater facilities, 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.

Contacts:

CAVU Resources, Inc.William Robinson5147 South Harvard Ave, STE 138Tulsa, OK 74135Email: info@cavu-resources.comWebsite: www.cavu-resources.comTel : 504-722-7402

SOURCE CAVU Resources, Inc.

CAVU GLOBAL is currently providing funds on both the Hogshooter and Chisholm leases and has agreed to fund the entire future development of these projects and to pay off all debts associated with these leases. CAVU GLOBAL plans to engage a geological and engineering firm to complete a PV 10 study for reserves and recoverable production values of the combined company assets that includes the approximately 21,000 acres of oil and gas leases in Milam County, Texas, 900 acres in Jefferson Parish, Louisiana, 140 acre Chisholm lease in Pauls Valley, Oklahoma and 820 acre Hogshooter lease in Bartlesville, Oklahoma.

CAVU GLOBAL is also contributing these additional assets to the merger including a recently acquired Private Corporate Bond in the amount of $100 million to be used as an asset to secure funding for existing and future projects. CAVU GLOBAL also recently entered into an agreement to acquire a revolutionary high efficient electric motor that can be used in energy production, storage and to power vehicles. CAVU GLOBAL continues to explore government and institutional funding of the Mobile Refinery technology in its contracted market of Oklahoma, Louisiana, Kansas, Texas and Utah.

“We believe this is the quickest path to fully capitalize both companies and with private institutional funds available to immediately begin the audit and the S 1 filing process needed for CAVU Energy Services, Inc. to be a publicly traded Company within six months. The $100 million bond and proprietary technologies and oil and gas properties in some of the most lucrative areas gives the backing and future revenue to obtain funding and to utilize the capital markets for our very strong forecasted growth,” commented Chris Wilks, managing member of CAVU Global Energy, LLC.

In a proxy unanimously voted for last year, shareholders of CAVU voted to spin out the CAVU Energy Services, Inc. as a stock dividend and to seek the opportunity to go public. This transaction fulfills this mandate and will require the shareholder approval of both companies to complete the proposed merger. It is anticipated that an S-1 Registration Statement will be filed immediately with the Securities and Exchange Commission upon completion of the audit of both companies.

Going forward, in addition to the company and shareholders of CAVU Resources, Inc. owning 40% of newly proposed public CAVU Energy Services, Inc., the company maintains 100% ownership and control of its other operations, namely:

Newly targeted leases in both Oklahoma and Kansas, along with those located in very prolific Mississippi Lime play.

Saltwater Disposal and water reclamation projects Kansas, Louisiana and Texas

CAVU has also recently been approved for approximately $150,000 in equipment funding to begin development on existing and recently acquired oil and gas properties.

William C. Robinson, CEO of CAVU commented, “After months of negotiations, this Merger fulfills the vision we described at our shareholder meeting last year. We have accomplished this in a most prudent manner, with the aim of rewarding our shareowners. This merger and our ongoing projects should continue to fuel growth and future dividends for the company. I am very excited about the future for CAVU. We are operating with good corporate governance and moving forward in a positive direction.”

About CAVU Global Energy, LLC

CAVU Global Energy was formed with the goal of becoming a nationally known oil and gas company dedicated towards the communities in which it operates by focusing on price competitive markets. This family run company features a fully qualified membership which includes entrepreneurs, former VP of a Global Government Retailer (AAFES), and a retired chief engineer for ATK, a major NASA contractor. With a combined experience of over 60 years, CAVU Global Energy is leading the way towards achieving its goals in the oil, gas and energy business. CAVU Global Energy in addition, qualifies as a Minority owned company and will be able to utilize this in future government business opportunities.

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 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 Oklahoma, Kansas and Texas. 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.

Contacts:

CAVU Resources, Inc. 5147 S. Harvard Ave, STE 138 Tulsa, OK 74135William C. Robinson, CEOTel: 504-722-7402 Email: alliedcapitalbr@aol.com Website: www.cavu-resources.com

CAVU Global Energy, LLCChris Wilks, Managing Partner Edward Wilks, Managing PartnerRodney Wilks, Lead Engineer Tel: 214-289-3195Email: cwilks@cavuglobalenergy.com

SOURCE CAVU Resources, Inc.

FILO has requested that CAVU Energy Services, Inc. (”CAVU Energy”) the operator withdraw its application for the well. CAVU Energy is also withdrawing the application for the 30,000 barrel a day private disposal well to focus on the opportunities in Kansas. The citizens of Garvin County raised many issues as to location of the well, economics and potential taxpayer liabilities. While the company believes it completely answered the issues of citizens, it believes that the leaders of the protesters - Mr. Joe Menefee and Mr. Ian Ogilvie - are trying to protect their family legacy, livelihood, and the safety of citizens of Garvin County and call attention to what they believe to be a threat to their water supply. The Garvin county commissioner, Mr. John Mann, also showed great concern to protect his constituents with his statements on the $1.3 million dollar estimated obligations that FILO may assume relating to the pre-use upgrade of the county roads and possible increased insurance and bonding cost that was brought up that would have further reduced the estimated economic returns to FILO.

In the Oklahoma Corporation Commission hearing, the operator of the well, CAVU Energy showed the safety features, automated controls and multiple protection dikes that would have reduced any environmental threat and flood danger to a minimum. Professional witnesses agreed that the design and voluntary monitoring sensors, containment safety features and proposed air, earthquake and water monitoring were all in excess of any requirement set forth by the Oklahoma Corporation Commission for approval of its application.

The management of FILO has weighed all of the options and have located and purchased another site on Highway 75 in the highly prolific Mississippi Chat play in Southern Kansas. Currently, several drilling programs are underway in Southern Kansas, with major oil and gas companies are projecting over the next three years drilling wells far in excess of the estimated current and future production in Garvin County. All of the saltwater treatment equipment currently on the Chisholm site, owned by FILO will be moved to Kansas. The facility in Kansas has an existing disposal well drilled to the same proposed formation as the Garvin site, the vast Arbuckle zone. With a well already in place and existing processing equipment on site, the well can be reworked and the new equipment already owned by the FILO can be installed in operation in less than 120 days.

The FILO Saltwater Disposal Well #1 was originally proposed to allow for expansion of the oil and gas opportunities in the immediate area around the CAVU lease. The company researched the demand and total barrels of disposal that had been permitted in the area. The 50,000 barrel per day permit was designed to replace the current and projected future demand for commercial disposal wells in Garvin County and future estimated development on the CAVU lease with what was believed to be one of the safest facilities in the state. CAVU already owns an existing disposal well on the property, and plans to install new clean water technology that will recycle the produced saltwater to a fresh water state that will then allow the development of its remaining wells. CAVU also recently met with Oklahoma Corporation Commission field inspectors and did a thorough inspection of all of its existing wells on the Chisholm lease and is complying with voluntary actions in the next 10 days to remedy any perceived issues.

During testimony it was stated by the Protestants that one of the original wells on the property that CAVU acquired was thought to have parted casing. Even though this was not proven to present a possibility of saltwater contamination or any threat to the ground water in the area, CAVU has voluntarily agreed to plug the well to alleviate community fears. The degree of citizen investigation focused on CAVU represents a new level of scrutiny and obstruction for oil and gas operators wishing to do business in Oklahoma. Such obstruction has a way of transferring needless costs to a new project’s bottom line. The company believes that their latest business decision not only eliminates any future issues with the citizens of Garvin County but will be an economic gain to the company and provide much needed jobs and tax revenues to the surrounding communities in southern Kansas where the new facilities will be located.

“CAVU Energy originally filed this permit to protect our shareholders’ investment in this property and provide an additional economic benefit from what we believed to be a safe alternative to what currently was in use in Garvin County. CAVU knew the tax revenue and new job opportunities would have benefitted Garvin County. However, the time delay through appeals and additional costs that would come with operating the well and the threats to environment perceived by the Protestants would have made this a confrontational issue in the community for a long time.

We want to be good stewards of the land and benefactors to the community of Garvin County so we voted along with the rest of the FILO management to purchase the new site and to move the facility. The new site already has an Arbuckle well drilled and the first phase of the facility built and ready for operations. Further due diligence of the site has located it on a major highway away from any residences and or water supplies.

The major drilling programs that have started in the Kansas area are producing large quantities of saltwater and have an immediate need that exceeds our projections in Garvin County. The timing and long term potential of this area should provide the investors with revenues from this decision before the end of the year.” stated William Robinson, CEO and 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., a 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.

Contacts:

Specialty Situations Investor Relations Tel: 973-507-6199

CAVU Resources, Inc. 5147 South Harvard Ave, STE 138 Tulsa, OK 74135 Email: info@cavu-resources.com Website: www.cavu-resources.com Tel: 504-722-7402

SOURCE CAVU Resources, Inc.

During the six months ended June 30, 2012, the Company had $1,738,703 in revenues compared to $1,600,638 for the six months ended June, 2011. During the quarter ended June 30, 2012, net operating gain totaled $1,156,521 compared to net operating gain for the quarter ended June 30, 2011 of $1,600,638.

All of the Company’s revenues during these two periods were derived from the sales of the Company’s gas and oil revenues and the sale of investment equipment, assets and related services performed. For the six months ended June 30, 2012 general and administrative expenses totaled $823,646 compared to the six months ended June 30, 2011 which such expenses totaled $722,626. As of June 30, 2012, the Company had current assets of $4,386,981 and total assets of $8,489,405. At June 30, 2012, the Company had total liabilities of $2,596,933.

CAVU has focused on the last three years acquiring assets that have the ability to produce revenues. CAVU has reduced a majority of the debt associated with these assets. We now are 100% focused on generating profits for our shareholders.

On the Hogshooter we have a proposal for a partnership funding the will pay off notes and provide non dilutive development capital that could produce up to 200 barrels a day on this lease.

CAVU has a $1.2 private placement on the Chisholm lease for reworking all nine wells that could produce up to 200 barrels day. We have also targeted two new wells that would be drilled from accumulated revenue that easily double that projection.

We are exploring acquisitions in target development areas that would allow us to acquire existing production and partner on high volume wells in areas targeted for future drilling programs.

Our partnership in CAVU Global Energy, LLC has several funding proposal that would allow both additional joint ventures and development of the Texas, Oklahoma and Louisiana properties.

As the projects are finalized a more detailed report and projections will be disclosed, with updates to follow next week. We plan to have our shareholders meeting this year in Tulsa sometime in the early fall with dates to be announced later. This Tulsa is central to all of the assets we have built up over the last 3 years with planned tour for the visiting shareholders.

“We continue to follow our plan for 2012, reduce debt, from partnerships to develop the assets we own and acquire additional income and growth properties. We expect 2013 will be our breakout year,” stated William Robinson, CEO and 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.

Contacts:

Specialty Situations Investor RelationsTel: 973-507-6199

CAVU Resources, Inc.Desai V. Robinson, Director of Public Relations5147 South Harvard Ave, STE 138Tulsa, OK 74135Email: info@cavu-resources.com Website: www.cavu-resources.com Tel: 504-722-7402

SOURCE CAVU Resources, Inc.

During the quarter ended March 31, 2012, CAVU had a net operating gain totaled $750,590. All of the Company’s revenues during this period were derived from the sales of the Company’s gas and oil revenues and the sale of investment equipment and related services performed.

As of March 31, 2012, the Company had current assets of $4,841,458 and total assets of $8,015,085 compared to $6,791,165 for Quarter ending March 31, 2011. At March 31, 2012, the Company had total liabilities of $ 2,584,959. For the quarter ended March 31, 2012 general and administrative expenses totaled $699,842 compared to the quarter ended March 31, 2011 which such expenses totaled $722,626.

“In the last 12 months we have increased our assets by $1,223,920 and reduced our debt by $466,287. We feel the balance of 2012 will be focused on continuing to reduce debt and getting all of our leases into production.

We are targeting new sources of non dilutive financing and revenue sharing investments. With the current outstanding frozen and the Series A shares locked to voting with the majority of the shareholders, our share price should begin to stabilize and move up to the true value of the company. The last 12 months were spent acquiring assets and improving our properties slowing production as work was completed causing a drop in revenue.

With the balance of 2012 on track we continue to work the long range plan moving CAVU towards an income producing model, with growing revenues and planned annual dividends to its shareholders,” stated William Robinson, CEO and 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.

Contacts:

Specialty Situations Investor RelationsTel: 973-507-6199

CAVU Resources, Inc.Desai V. Robinson, Director of Public Relations5147 South Harvard Ave, STE 138Tulsa, OK 74135Email: info@cavu-resources.comWebsite: www.cavu-resources.comTel : 504-722-7402

SOURCE CAVU Resources, Inc.