Zimbabwe's Nick Price, seeking his first PGA Tour win since 1998, finished Saturday's third round in the Colonial Championship in Texas with a five stroke lead.

The 45-year-old from Zimbabwe finished with back-to-back birdies to cap a four-under par 66 round.

New Zealand's Phil Tataurangi, Kenny Perry and Steve Flesch are tied for second on five under.

A shot back is a quartet that includes 1998 champion Tom Watson, David Toms and second-round co-leader Esteban Toledo.

Price shared the lead with Mexico's Esteban Toledo after the rain-delayed second round was completed on Saturday morning.

 Second round summary

Price birdied the par-four first hole to claim the outright lead and despite back-to-back bogeys at 15 and 16, got back the strokes with birdies on the final two holes.

Price said: "I drove the ball so well today.

"I had a lot of short irons in and felt that I could spin the ball and be aggressive with my iron game. Then I putted as solidly as I have for a long time.

"I don't know how many opportunities I'm going to have left to win on the Tour, and that's in the back of my mind.

"But the way I'm playing, I've got a lot more confidence in my ability than in the last three or four months."

David Toms, the defending PGA champion, shot the lowest round of the day, a six-under 64 that featured eight birdies, including four consecutive birdies on the back nine.

Selected third round scores (USA unless stated)

200 Nick Price (Zim)
205 Steve Flesch, Phil Tataurangi (Nzl), Kenny Perry
206 Tom Watson, Esteban Toledo (Mex), David Toms, Bob Tway
207 Peter Lonard (Aus), Joel Edwards, Justin Leonard, Davis Love III
208 Jonathan Byrd, Brandt Jobe, Vijay Singh (Fij), Hal Sutton, Bob Burns, Billy Andrade, Dudley Hart, Shigeki Maruyama (Jpn), Corey Pavin
209 Scott Verplank, Bob Estes, Peter Jacobsen, Tom Lehman, Frank Lickliter II, Scott McCarron
210 KJ Choi (Kor), Cameron Beckman, Loren Roberts, Olin Browne, Stewart Cink, Steve Jones
211 Luke Donald (Eng), Chad Campbell, Jose Coceres (Par), John Huston, Jesper Parnevik (Swe)

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