Corporate Objectives

  • Confirm the presence of hydrocarbons in commercial quantities in the Paraguayan Chaco Basin by undertaking a sound exploration program,

  • Define the resource potential and establish a reserve base,

  • Depending upon the results of the exploration program:
    • Create a fully integrated oil and natural gas exploration, production and marketing company,
    • Produce and deliver oil to the refinery in Asuncion and for export,
    • Produce natural gas for local and export markets, and
    • Participate in developing gas fired electrical generation stations,

  • Respect the environment and social issues with criteria and parameters of a sustainable development policy in accordance with international standards,

  • Expand CDS business operations to all of South America depending on opportunities,

  • Build a strong international investor base, and

  • Strive to create shareholder value
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