CDS Oil & Gas Share Discussion Threads

[bodeng] 25/2/2006 08:03

Test results are out on Tuesday I understand.

[seabass] 22/2/2006 15:57

you should be able to buy at 8p, that's the price ive been paying thru barclays the last 2 days. News of test should be anytime soon

[jonno1] 22/2/2006 12:52

7 - 8.5 with TD, one to watch

[simon8] 22/2/2006 12:37

All seems quiet on this share and thread - very lttle ccurrent trading activity... thinking of a punt but the spread is horrendus.

[futhark] 21/2/2006 22:35

Lets not forget this post by Pauladrew, It may be thatCDS are not yet ready to announce it, but when the do!!

News type = significant discoveries
16/02/2006
Paraguay: CDS Energy confirms oil and natural gas discovery
The Paraguayan government has confirmed that a British prospecting company has found oil and natural gas in the north of Paraguay, whose energy has depended on import. The company, CDS Energy, has spotted oil and gas in Independencia III, an exploratory well in Gabino Mendoza, in Chaco, Public Works and Communications Minister Jose Alderete told reporters.

The CDS has sent its latest samples to laboratories in Texas in the United States, and the results are expected by the end of February. CDS sources have advised that the well would produce fuel. The final well will be 3.2 kms deep, but the test wells went no deeper than 1.6 km, they said.

Experts involved in the exploration said they had found sizeable quantities of natural gas and small amounts of crude oil. The CDS has drilled a total of five holes in Paraguay, under a contract signed by the country's ministry of public works.
Source: Xinhua

Thanks again Paul!

[mpclag] 21/2/2006 14:12

Just topped up with another 50k

[pauladrew] 21/2/2006 12:33

Fut

Quiet day, hope CDS will make an annoucement very soon. CHP doing very well, but unfortunately I do not hold.

Paul

[futhark] 20/2/2006 13:11

Paul,
sorry for the delay, mm's seem to be holding the price down at 8.00 even with mostly buys.
Could be a large buy comming in? news? who knows but I am sure we will soon find out, hang in there!
There was that artical the weekend about us finding oil, waiting confirmation from co?

Fut

[pauladrew] 20/2/2006 11:06

Fut

Why the drop today? MM manipulation - Buy and sell seems balanced? May be another buying opportunity knowing that news not far away?

Regards Paul

[futhark] 19/2/2006 19:36

Paul
I think its about our turn to have a run of buys

Good luck Fut.

[pauladrew] 19/2/2006 19:17

Fut

Interesting Telegraph article.

Where CDS is concerned, let's hope that the news is "phenomenal". I could do with some good news; bad run recently i.e. MXP and UEP.

Regards Paul

[futhark] 19/2/2006 15:45

Pauladrew re 130
This seems to be the same well reported on the CDS web site 22/12/05
perhaps they are now confirming that there was oil there, if so could be an interesting day ahead!

regards Fut.

[futhark] 19/2/2006 08:55

Morning All.


regards Futhark

[cerrito] 17/2/2006 16:01

pauladrew your 130
Thanks for the article which I read as saying that there is a delay in the drilling result analysis in the US which I had expected now rather than at month end but my very best understanding is that just the one well has been drilled by CDSie the on referred to in the article and that the 5 well reference is that they have bought casing for 5 wells rather than drilled them

I do not see much point in comparing CDS with CHP's Paraguayan operations especially as CHP's field(which are of course still the subject of seismic data reprocessing with drilling a good way off) are some way from those of CDS

[futhark] 17/2/2006 12:22

Have a look at CHP

[futhark] 17/2/2006 10:50

Dally. All sells this morning, we will have to wait for the news to filter through
Futhark

[dally4] 17/2/2006 10:43

Why drop in sp

[futhark] 17/2/2006 10:42

Nice find & post Paul
regards Futhark

[pauladrew] 17/2/2006 09:35

ARTICLE TAKEN FROM ENERGY 365 16/2/06



News type = significant discoveries



16/02/2006



Paraguay: CDS Energy confirms oil and natural gas discovery



The Paraguayan government has confirmed that a British prospecting company has found oil and natural gas in the north of Paraguay, whose energy has depended on import. The company, CDS Energy, has spotted oil and gas in Independencia III, an exploratory well in Gabino Mendoza, in Chaco, Public Works and Communications Minister Jose Alderete told reporters.

The CDS has sent its latest samples to laboratories in Texas in the United States, and the results are expected by the end of February. CDS sources have advised that the well would produce fuel. The final well will be 3.2 kms deep, but the test wells went no deeper than 1.6 km, they said.

Experts involved in the exploration said they had found sizeable quantities of natural gas and small amounts of crude oil. The CDS has drilled a total of five holes in Paraguay, under a contract signed by the country's ministry of public works.
Source: Xinhua

[molar] 14/2/2006 22:45

If bprg are anything to go by British bulls change their buy / sell rec every 2/3 days!

[futhark] 14/2/2006 19:55

If anyone believes in this sort of thing (I reserve judgment) someone is recommending CDS as a buy



Believe what you will !

regards Fut

[bodeng] 14/2/2006 15:10

Good positive news-should be good for Chaco and CDS!

[robbi123] 14/2/2006 14:55

looks like something is happening here, positive results soon?? i will be sticking with CHP but keeping a watchful eye out here :)

[valentine] 14/2/2006 14:55

It'll have a bit more of an effect on CHP who own the better drilling areas in Paraguay! Good luck though to all holders. I look forward to more +ve news here.