TULSA, OKLAHOMA / June 13, 2025 / CAVU Resources, Inc. (OTC:CAVR) announced it has entered into a Memorandum of Understanding (MOU) with Riverbed Resources LLC to acquire a 50% membership interest in a privately held, vertically integrated micro-grid developer. The partnership aims to leverage existing gas reserves and further develop recoverable gas from previously drilled wells. Through cogeneration, the natural gas will be converted into electricity, enabling multi-megawatt generation. Upon completion of the transaction, CAVU will control approximately 0.5 BCF of high BTU gas for electricity conversion. The transaction is subject to satisfactory due diligence, securing acceptable financing, and execution of definitive agreements.
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