CDS Oil & Gas Group plc Company News

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CDS, PetroSaudi Visit Paraguay for Hydrocarbon Investment Pow-Wow
Monday, October 13, 2008Representatives of CDS and members of PetroSaudi met with President Fernando Lugo and cabinet ministers to discuss ongoing and future investments in hydrocarbon exploration in Paraguay.

CDS Survey of Paraguay Positive
Monday, May 19, 2008CDS received positive results from its aeromagnetic and aerogravity survey program on its oil and gas exploration project in Paraguay. Drilling is expected to commence later this year, subject to rig availability.

CDS Snaps Up Seismic Data for Boqueron Block in Paraguay
Tuesday, May 13, 2008CDS Oil & Gas Group plc announced that the seismic data acquisition program on its 800,000 hectare Boqueron Block in Paraguay has been completed.

Wade Resigns as Apache Director, Senior VP
Monday, March 03, 2008Jim was a founder shareholder of the Company and its President and CEO from its inception in 2003 until October 2006.

CDS Commences Seismic Program at Emilia in Paraguay
Tuesday, January 22, 2008At Chaco Basin, CDS Oil & Gas has commenced a 2-D seismic program in the immediate area around the Emilia well; it is also completing the 700-kilometer survey on the Boqueron Block. The 281-kilometer program on the Gabino Mendoza Block will follow.

CDS Starts an Aeromagnetic & Aerogravity Program on its Chaco Basin
Tuesday, October 23, 2007CDS Oil & Gas has commenced an aeromagnetic & aerogravity program on its Chaco Basin properties in Paraguay.

CDS Welcomes a New Strong Shareholder
Monday, October 22, 2007CDS Oil & Gas was notified on October 18, 2007 that on September 25, 2007 Petro-Saudi Ltd Inc acquired from Westmount Energy Ltd 3,762,268 ordinary shares in the Company.

CDS Renews Boqueron Block Exploration
Friday, September 28, 2007UK company CDS Oil & Gas Group's subsidiary CDS Energy has renewed gas and oil exploration in the Boqueron block in Paraguay's Chaco region, the latter country's public works and communications ministry said in a statement.

Investor Group Set to Take Majority Stake in CDS
Friday, May 18, 2007CDS Oil & Gas Group plc reported that a group of investors has agreed to subscribe for 609 million new shares in cash at an issue price of 1.4 pence per share to raise £8,526,000 net of expenses.

CDS Agrees to Boqueron Farm-in Option for Black Rock
Monday, April 30, 2007CDS Oil & Gas Group plc has agreed to a farm-in option with Black Rock Oil & Gas plc that gives Black Rock the option to farm-in down to the Carboniferous in the 800,000-hectare Boqueron Concession in northwestern Paraguay.

CDS Completes Placing for Paraguay Exploration
Wednesday, April 18, 2007CDS Oil & Gas Group plc announced an investment of £245,000 by existing shareholders, as part replacement of funds that were unforthcoming in a placing of 145.4 million units at 1.25p per unit.

CDS Gets Okay to Begin Exploration on Paraguayan Block
Wednesday, April 11, 2007CDS Oil & Gas Group plc said that its wholly owned subsidiary, CDS Energy S.A. (CDS-SA), a Paraguayan company, has received approval to move to the exploration phase on its Boqueron exploration concession through to November 2009.

CDS Recovers Portion of Funds Not Provided by Calim
Monday, February 19, 2007CDS Oil & Gas Group plc announced an investment of £250,000 by a Geneva, Switzerland-based third party investor to partly replace funds that were unforthcoming in a placing of 145.4 million units at 1.25p per unit.

CDS Completes Resource Audit in Paraguay
Tuesday, November 21, 2006CDS Oil & Gas Group plc said that it has received revised Prospective Resource valuation studies for two of its prospects in northwest Paraguay: the Emilia Well Area on the Boqueron Block and the Gabino Mendoza Block.

CDS Reports on Results from First Well in Paraguay
Tuesday, February 28, 2006CDS Oil & Gas has received results from sidewall core and fluids analyses from its first well, CDS-GM-05-5001, drilled in the Chaco Basin in western Paraguay.

Westmount Energy to Participate in CDS' Paraguay Project
Thursday, January 19, 2006CDS Oil & Gas Group has reached an agreement with Westmount Energy on funding options for CDS' exploration program in the Chaco Basin in northwest Paraguay.

CDS Oil & Gas Reaches Planned Depth in First Paraguay Well
Thursday, December 22, 2005CDS Oil & Gas has reached the planned depth of 1,635 meters on its first well in the Chaco region of Paraguay. The well has been cased and suspended for testing at a later date.

CDS Spuds First Well in Paraguay
Wednesday, November 30, 2005CDS Oil & Gas has spudded its first well (CDS-GM-05-5001) in the Chaco region of Paraguay.

CDS to Spud First Chaco Exploration Well in 2 Weeks
Monday, October 10, 2005CDS Energy plan to start drilling an exploration well on the Gabino Mendoza block in Paraguay's Chaco basin in about two weeks.

CDS Oil & Gas Group Debuts on AIM
Thursday, September 29, 2005CDS Oil & Gas Group made its debut on AIM today, with its shares opening at a 15% premium to the Placing price.

Paraguay Energy Ministry to Sign 12 E&P Contracts
Friday, September 24, 2004Paraguay's mines and energy ministry will sign contracts in the next few days for 12 hydrocarbons exploration and production concessions totaling 26 million hectares.