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.

Inconclusive result for CDS:

Early results have indicated the presence of hydrocarbons at various levels
within the well, but are as yet inconclusive. CDS is currently engaged in
analysing the drilling logs and the results taken from sidewall cores to
ascertain the potential of the well. Further information will be provided in
due course.

Nice buy today!

Nice agreement today-should help Chaco Resources!

is this on the move? any thoughts?

Up 22% today ?????

Rodders

Rigs look like being moved in for an early start on Boqueron and Gabino Mendoza et al! Two at same time!

On the up again today?????

Rodders

Closed on the day up another 11.7% ??????

Rodders

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.