Operator · Gulf Of Mexico (GOM)
Cobalt International Energy, Inc.
30 articles mentioning Cobalt International Energy, Inc. · Page 1 of 2
Cobalt Files for Bankruptcy
Cobalt International Energy has filed for bankruptcy. The filing is expected to facilitate the restructuring process and the proposed sale of Cobalt's assets. Kirkland & Ellis LLP is serving as Cobalt's legal advisor and Houlihan Lokey,...
Cobalt Remains Open to Sale of Company; Exploring Alternatives to Reduce Debt
Cobalt released its Q3 results where it discussed its plans to navigate during its Capex for 2017 is expected to be $250 million, with $226 million spent as of the end of Q3 In the Gulf...
Cobalt Out of NYSE Compliance as Market Cap Drops Below $50MM
Cobalt received notice from the NYSE that it is no longer in compliance with listing standards due to its market cap falling below $50 million for more than a 30-day period. Cobalt intends to submit a...
Cobalt Spends 82% Capex in First Half; No Plans to Develop in Second Half
Cobalt released its Q2 results and highlight include:Cobalt expects its capex to be ~$250 million in 2017. As of June 30, 2017, the company spent $206 million, about 82.4% of its total 2017 capex. Since drilling...
Cobalt to Drill Sidetrack Well at North Platte Discovery; Talks Q4 Ops
Cobalt eported its Q4 2016 results.
Cobalt Out of NYSE Compliance as Stock Dips Below $1.00 Mark
Cobalt International Energy is no longer in compliance with certain continued listing standards that are applicable to Cobalt.
DOJ Closes Investigation of Cobalt's Angola Operations
No regulatory action has been taken against Cobalt as a result of these investigations.
Cobalt Hits Pay at North Platte #4 Appraisal Well
Cobalt, as operator, owns a 60% working interest in North Platte, and TOTAL E&P USA, Inc. owns the remaining 40% working interest.
Cobalt Focuses on Appraisal Drilling in Q3; Plans to Market Angola Asset
Cobalt International Energy reported its Q3 2016 results.
Cobalt Axes Rowan Gulf of Mexico Drillship Contract
Cobalt has decided to axe its drilling contract with Rowan Reliance drillship.
Cobalt Tags $200MM Net Loss in Q2 as Wells Miss Mark
Cobalt commenced the Goodfellow #1 exploration well in March 2016, and reached total depth during the second quarter and did not encounter hydrocarbons.
Former BHP CFO Joins Cobalt's Executive Team
Cobalt International Energy, Inc. has named David D. Powell as Chief Financial Officer and Executive Vice President.
Cobalt Names New Chief Executive Officer
Cobalt International Energy, Inc. announced the appointment of Timothy J. Cutt as Chief Executive Officer and as a Class I member of the Board of Directors, each effective July 2, 2016.
Cobalt Hits Pay at Offshore Angola Zalophus-1 Well
Cobalt International Energy has made a significant condensate and gas discovery at Zalophus-1 pre-salt exploration well in Block 20, offshore Angola. Ownership of Block 20: Cobalt (40%, operator), Sonangol (30%) and BP (30%).
Cobalt Announces Resignation of COO
Cobalt International Energy, Inc. announced that effective June 30, 2016, Van P. Whitfield, Chief Operating Officer and Executive Vice President, will resign from his current role.
Cobalt IDs 2016 Budget; Talks 4Q Angola Sale, GOM Startups
Cobalt has identified approximately $100 million of reduced expenditures for 2016, which are reflected in our 2016 capital expenditure guidance.
Cobalt's GOM Prospects Deliver in 3Q; Updates Key Projects
Cobalt International Energy, Inc. announced a net loss from continuing operations of $49.7 million.
Cobalt Brings On New Chief Financial Officer
Shannon Young is currently Senior Vice President & Chief Financial Officer for Talos Energy LLC. He replaces John P. Wilkirson, who has indicated his desire to pursue other interests.
Cobalt Focuses on Angola, GOM Discoveries in 2Q; Key Wells
Cobalt continues to appraise and develop several of its discoveries in Angola and the Gulf of Mexico.
Cobalt Touts GoM, West Africa Discoveries; Adds to Gulf Arsenal
Cobalt continues to appraise and develop several of its discoveries in Angola and the Gulf of Mexico.