Broussard, LA (SportsNetwork.com) - Rick Cochran III fired a 6-under 65 in the third round Saturday and moved 1-stroke clear of the field at the Chitimacha Louisiana Open.

Cochran, who is looking for his first Web.com Tour win, ended 54 holes at 14- under-par 199.

Second-round leader Rhein Gibson managed a 1-under 70 and was joined in second place at Le Triomphe Golf & Country Club at minus-13 by Hao Tong Li (67).

Harold Varner III (69) and Steve Allan (67) share fourth place at 11-under-par 202. Aron Price improved eight spots with his 67. He was joined in sixth place at minus-10 by Cameron Wilson (71) as well as Glen Day and Hunter Haas, who both shot 70 in round three.

The tournament caught up after a pair of lightning delays on Thursday. The second round was completed earlier Saturday.

Cochran got off to a flying start with four consecutive birdies to open his round. That burst moved him to 12-under, where he trailed Gibson by one.

Gibson birdied the first to move to 13-under, then parred the next four holes. Cochran dropped a shot at the par-5 fifth after driving into a hazard, but erased that mistake with a birdie on No. 7.

Cochran, who was four groups ahead of Gibson, stayed at 12-under as he parred four in a row from the eighth. Gibson stumbled to a bogey on the sixth, but got back to minus-13 with a birdie on the eighth.

Cochran birdied the 12th to gain a share of the lead, but dipped one back with bogey at 14. Gibson birdied the 12th to move to 14-under, but faltered to a double-bogey on the par-4 13th to slip out of the lead at minus-12.

Gibson, who led after the first two rounds, bounced back with a birdie at 15, then parred the last three to end two back.

Cochran grabbed the lead with birdies at 16 and 18 to grab the 1-stroke lead.

"I've got pretty good control with my irons. Anytime you roll in some putts it makes it easier," said Cochran, who is the nephew of Champions Tour player Russ Cochran. "There are so many great players out here and even if you're four or five back you can still catch up. My goal for Sunday is just to try and hit the fairway and make as many birdies as I can."

Li, who won three times on the PGA Tour China in 2014, birdied the first and followed with five straight pars. He traded a birdie for a bogey from the seventh.

Around the turn, he moved into a share of second after birdies at 10 and 12. Li carded his final birdie at the 15th to end one behind.

NOTES: Cochran is making just his seventh Web.com Tour start, while Gibson is playing only his 11th tour event ... The cut happened earlier Saturday and 81 players finished at 1-under-par 141 or better.