If CDS finds oil in their current drilling programme in the Chaco Basin, then take a look at Chaco (CHP) which has an acreage twice the size in the immediate area. CDS expect to complete their current drilling by 18/12/2005.

They must say something soon to account for the rise. Still looks like someone has confidence in the team behind them now and the ability to bring the projects to fruition. Can it get back to the IPO equivalent launch price, possibly?
What would that be? 1.00?. It doesn't really seem feasible from a standing start but you never know?
As long as it keeps rising it's all right by me..

was there a consolidation here recently,or rise from drilling activity,any views.