William Robinson, president of parent company CAVU Resources Inc., has high hopes for the new disposal well in Kansas. Equipment from the Garvin County site will be moved to an existing disposal well there.
CAVU expects the Kansas disposal site to be up and running in less than 120 days.
“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,” Robinson said. “The timing and long-term potential of this area should provide the investors with revenues from this decision before the end of the year.”
CAVU is withdrawing its application for a commercial disposal well in Garvin County, along with a separate application for a private disposal well.
Menefee said Garvin County is not a good location for such wells because of its long history with the oil and natural gas industry.
Menefee said that energy industry veterans have indicated Garvin County is home to more than 80 unplugged wells dating back to the 1930s, making disposal operations like the one CAVU had proposed especially risky.