Cobalt Lower Drill Test at Cameia #2 Fails to Flow Oil

(Corrects spelling of company name in first paragraph.)

Cobalt International Energy Inc. (CIE) reported that test results from the lowest level drilled at its Cameia No. 2 well off the coast of Angola didn’t produce measurable hydrocarbons.

The results of the drill stem test don’t affect the “commerciality” of the Cameia Mound Development Project, the company said in a statement today.

To contact the reporter on this story: Jasmina Kelemen in Houston at jkelemen2@bloomberg.net

To contact the editor responsible for this story: Tina Davis at tinadavis@bloomberg.net

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