  We report the results of the \chandra observations of the \swift-discovered
short Gamma-Ray Burst GRB 050724. \chandra observed this burst twice, about two
days after the burst and a second time three weeks later. The first \chandra
pointing occurred at the end of a strong late-time flare. About 150 photons
were detected during this 49.3 ks observation in the 0.4-10.0 keV range. The
spectral fit is in good agreement with spectral analysis of earlier \swift XRT
data. In the second \chandra pointing the afterglow was clearly detected with 8
background-subtracted photons in 44.6 ks. From the combined \swift XRT and
\chandra-ACIS-S light curve we find significant flaring superposed on an
underlying power-law decay slope of $\alpha$=0.98$^{+0.11}_{-0.09}$. There is
no evidence for a break between about 1 ks after the burst and the last
\chandra pointing about three weeks after the burst. The non-detection of a jet
break places a lower limit of 25$^{\circ}$ on the jet opening angle, indicating
that the outflow is less strongly collimated than most previously-reported long
GRBs. This implies that the beaming corrected energy of GRB 050724 is at least
$4\times 10^{49}$ ergs.
