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USA: Total announces significant oil discovery in the Gulf of Mexico
Total announces a significant oil discovery at its North Platte prospect on Garden Banks Block 959 in the deepwater Gulf of Mexico. The discovery well encountered several hundred feet of net oil pay in Lower Tertiary sands which included several high-quality intervals.

Total estimates this discovery can have a potential of several hundred million barrels of oil. Further appraisal will be needed to confirm its size and commerciality.

date.png05 Dec 2012 13:01 | comments.png 0 Comments | tags.png cobalt gofm n-america total upstream usa [ More ]

Cobalt International Energy, Inc. Provides Update on its Gulf of Mexico and West Africa Drilling Operations
Cobalt International Energy, Inc. (“Cobalt”) (NYSE:CIE) today announced that its Ligurian #2 exploratory well on Green Canyon Block 814 in the U.S. Gulf of Mexico had reached objective total depth after having drilled through all of the targeted Miocene formations. The well did not encounter commercial hydrocarbons and operations are underway to plug and abandon the wellbore.

date.png02 Jul 2012 05:48 | comments.png 0 Comments | tags.png cobalt upstream [ More ]

Cobalt International Energy, Inc. Provides Update on its Gulf of Mexico and West Africa Drilling Operations
Cobalt International Energy, Inc. (“Cobalt”) (NYSE:CIE) today announced that its Ligurian #2 exploratory well on Green Canyon Block 814 in the U.S. Gulf of Mexico had reached objective total depth after having drilled through all of the targeted Miocene formations. The well did not encounter commercial hydrocarbons and operations are underway to plug and abandon the wellbore.

date.png13 Jun 2012 23:43 | comments.png 0 Comments | tags.png africa angola cobalt gofm upstream [ More ]

Cobalt Announces Successful Pre-Salt Flow Test Offshore Angola
Cobalt International Energy, Inc. (―Cobalt‖) (NYSE:CIE) today provided additional data confirming the significance of its Cameia Pre-salt oil discovery in Block 21 offshore Angola.

date.png10 Feb 2012 10:02 | comments.png 0 Comments | tags.png angola cobalt upstream [ More ]

Cobalt International Energy, Inc. Announces Resumption of Gulf of Mexico Drilling Program and 2012 Cash Expenditure Forecast
Cobalt International Energy, Inc. (“Cobalt”) (NYSE:CIE) announced today that the Ensco 8503 drilling rig, contracted to Cobalt, has returned to the U.S. Gulf of Mexico following a sublet of the rig to drill a well in French Guiana. Cobalt received the required U.S. Coast Guard Certificate of Compliance and has subsequently received APD approval from the Bureau of Safety and Environmental Enforcement (BSEE) for the Ligurian #2 exploratory well. Cobalt plans to spud Ligurian #2 by year end. Ligurian is located in the Southern Green Canyon Area immediately adjacent to the 2009 Heidelberg discovery in which Cobalt is a part owner. After drilling Ligurian #2, Cobalt plans to move the rig to the North Platte #1 well location in the Garden Banks Area to drill that prospect. Cobalt anticipates that each of the Ligurian #2 and North Platte #1 exploratory wells will take approximately six months to drill.

date.png22 Dec 2011 07:06 | comments.png 0 Comments | tags.png cobalt gulf-of-mexico upstream usa [ More ]

Cobalt International Energy, Inc. Announces Execution of Production Sharing Contract for Block 20 Offshore Angola and Provides U
Cobalt International Energy, Inc. (“Cobalt”) (NYSE:CIE) announced that at an official signing ceremony today in Luanda, Sonangol and Cobalt executives signed the Production Sharing Contract for Block 20 offshore Angola. Cobalt has been named the operator of Block 20 and has a 40% working interest in the block under this agreement. Other partners in Block 20 include Sonangol Pesquisa e Produção, S.A. (30%), BP Exploration Angola (Kwanza Benguela) Limited (20%) and China Sonangol International Holding Limited (10%).

date.png21 Dec 2011 06:59 | comments.png 0 Comments | tags.png angola cobalt upstream [ More ]

Cobalt International Energy, Inc. Provides Update On its West Africa Drilling Program
Cobalt International Energy, Inc. (“Cobalt”) (NYSE:CIE) today provided the following update on its West Africa drilling program.

date.png30 Aug 2011 06:59 | comments.png 0 Comments | tags.png angola cobalt upstream [ More ]

Cobalt Energy, Announces Conditional Award of Working Interest Position and Operatorship of Block 20 Offshore Angola
Cobalt International Energy, Inc. (“Cobalt”) (NYSE: CIE) announced today that it has been conditionally awarded a 40% working interest and has been indicated as operator of Block 20 offshore Angola. Eight other companies submitted bids to obtain a working interest in the block as part of Angola’s Pre-salt Licensing Bid Round.

date.png25 Jan 2011 08:56 | comments.png 0 Comments | tags.png angola cobalt offshore upstream [ More ]
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