I'm not familiar with CS Extender or that error, but:
Making a new mod is just a matter of selecting to load only Oblivion.esm. Then you can make your changes/additions, and when you save it will ask what to name it.
If on the other hand you mean to make a total conversion (ie. whole new game), You'll want to find one of the http://www.tesnexus.com/downloads/file.php?id=3776 available.
This is
only for a total conversion though.