CDS Oil & Gas Share Discussion Threads

[cerrito] 24/7/2006 10:18

anyone going to the agm??

[vermilion1966] 24/7/2006 09:05

Statement Re: Suspension

CDS Oil & Gas Group plc has today requested that the trading of its ordinary
shares on AIM be suspended temporarily, pending clarification of its financial
position and while it progresses a refinancing. Shareholders will be kept
informed of further developments in due course.

[steelwatch] 13/6/2006 22:00

CDS Oil unit goes to arbitration in dispute with Nabors Drilling

LONDON (AFX) - CDS Oil & Gas Group PLC said its wholly-owned Paraguayan
subsidiary, CDS Energy SA, has gone to arbitration in a dispute with Nabors
Drilling International Ltd, the company which carried out the drilling on CDS
Energy's properties in Paraguay in December 2005.
CDS Energy has been served with demand for payment of 787,811.95 usd by
Nabors. It denies that Nabors is entitled to such payment and has claimed 1.469
mln usd against Nabors for damages suffered from additional costs incurred
through breaches by Nabors of the drilling contract.
Nabors has not accepted responsibility for any such damages and CDS Energy
therefore yesterday notified Nabors that the dispute will be referred to
arbitration, which is in accordance with the provisions under the contract.
CDS also said today that it is actively pursuing farm-out participants and
has had discussions with companies which have expressed an interest.
The Emilia prospect located on the Boqueron Block, remains the most
prospective of CDS's properties and, although no hydrocarbon reserves have yet
been proven, it said independent studies have estimated an unrisked recoverable
resource of up to 80MMBO and 128BCFG net to CDS.

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slm

COPYRIGHT

Copyright AFX News Limited 2005. All rights reserved.

[currypasty] 13/6/2006 16:19

RNS Number:5184E
CDS Oil & Gas Group PLC
13 June 2006






For immediate release, 13 June 2006


CDS Oil and Gas Group

Notification of interest


The Board of CDS Oil & Gas Group plc ("CDS" or the "Company") announces that it
received notification today, pursuant to Section 198 of the Companies Act 1985,
that RAB Capital plc, acting for a number of commingled funds, has acquired
6,500,000 ordinary shares in the Company. The total holding in the Company of
the funds managed by RAB Capital plc amounts to 51,500,000 ordinary shares
representing 24.49% of the issued ordinary share capital of the Company.

[simon8] 09/6/2006 09:23

This thread has gone v quiet.... anybody know what this company is up to - are they still wildcatting?

[currypasty] 30/5/2006 09:22

2 big trades at 1.5p...

[9ete] 22/5/2006 16:59

How come you guys bucked the market today?

[pakiam] 19/5/2006 09:13

Forget about the Institutions. The management has no backbones.

[stuart14] 18/5/2006 21:04

Has this got any institutional backing?

[g_morrall] 18/5/2006 16:44

Gutted when I had to sell these, @ 3.5p to raise funds.. Lucky I did, another big drop...

[currypasty] 04/5/2006 14:02

down again

[cerrito] 27/4/2006 18:50

C2B-your 187

My questions exactly..ie what results are we waiting for?...my understanding is that the rig has been idle since December 23..I do not understand it as to me a layman the obvious thing would be to carry on going deeper...if my understanding is correct that the rig is idle that would be crazy given the shortage of rigs and the costs that CDS are incurring and I pray I am wrong on this..I have been busy and have little left so have not phoned them up
Actually given the Brazilians getting concerned that the new Bolivian administration will be an unreliable gas supplier one would think that Paraguayan gas to the extent it exists will be more high topical

[c2b] 27/4/2006 18:13

g_morrall

A few questions if I may ?
1) Is the new project Emilia, previously identified as the best prospect ?
2) What test sample results, we got the results from the new well parallel to Indepencia in February ?
3) What happend to the rig after it drilled the above ?
4) Why didn't they drill down to the gas layer when the rig was still on site ?
5) Do we really believe they can stumble on oil without proper seismic data to go on ?
6) There seem to be traces of oil all over Paraguay, any indications that they might be more substantial than just traces ?
7) Any progess on farm-outs and fund raising, after the costs over-runs there can't be much in the kitty ?

[g_morrall] 24/4/2006 15:33

Test sample results due soon also....

[g_morrall] 21/4/2006 14:22

Picked up a few yesterday, Just got off the phone to them, all positive. Happy to hold,

New project will be starting Shortly.... dyor...

[currypasty] 20/4/2006 16:00

ive got a few, may add a few more to 'average down'... last drilling results wernt very conclusive... one day they might hit oil/gas... worth having a few tucked away, IMO, but wouldnt bet the silver on them

[g_morrall] 20/4/2006 15:26

Anyone know anything about these?

[jordaggy] 20/3/2006 20:54

what does it say ?? can't seem to find it doh!

[captainfatcat] 10/3/2006 10:47

Interview With: James Wade President & CEO

Dated March 09, 2006

[sagem] 09/3/2006 09:08

YES...Because their is plenty oil in PARAGUAY and CDS plus others in the know

[currypasty] 09/3/2006 08:58

Interesting, just as i was thinking 'worthless pile of poo' someone buys 250k's worth... £14k, not your average advfn penny punter... perhaps there is life in this old dog ?

[seabass] 01/3/2006 05:37

also have sold, unfotunately only got 6p. however I think med term they will drop further. more cash needed to fund deeper drilling for gas which is sometime away. I feel there will be fund raising by which time share price may be 3-4p. latest shallow drilling was in hope to shore up co. may be worth looking at if and when further drilling gets near target depth, but could be a long wait. will invest more in rpt!! to hopefully make up loss.

[jackoms] 28/2/2006 22:53

Looks like a good way to lose money to me. Tiny, cash needy oil companies arn't gonna be going anywhere at the moment. Far too many of them already and noone prepared to cough up the cash.

If the market cap was a bit bigger I'd be looking to short it on IG.

Think the chances are you'd be better off looking at MXP instead.

[sagem] 28/2/2006 19:16

WELL THEY CAN TRY AGAIN ONE WELL IN EACH BLOCK, COULD STILL COME UP WITH A WORLD CLASS OIL WELL.. PLENTY OF CONFIDENCE LEFT WITH 484,967 SHARES BEING BOUGHT TODAY MAJORITY OF BUYS WERE AFTER THE NEWS.
...........................................................

In addition to its 40,000 hectare Gabino Mendoza Block in which CDS has a 100%
working interest net of a 3.5% GORR, CDS has a 100% interest in the Boqueron
block (2.3m hectares) and 100% Working Interest in the PG & E block (491,077
hectares) net of a 0.6% GORR. CDS intends to follow a similar drilling strategy
of 200 meter step out twins of old wells with hydrocarbon shows, and is planning
to drill at least one well on each Block, subject to available funds.