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Last €6.80 EUR
Change Today -0.192 / -2.75%
Volume 0.0
As of 1:34 PM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Cobalt Center

920 Memorial City Way

Suite 100

Houston, TX 77024

United States

Phone: 713-579-9100

Fax:

Cobalt International Energy, Inc. operates as an independent exploration and production company. The company has operations in the deepwater U.S. Gulf of Mexico and offshore Angola and Gabon in West Africa. Project Appraisal and Development U.S. Gulf of Mexico Heidelberg Project: The company’s Heidelberg project was formally sanctioned in mid-2013, and Anadarko Petroleum Corporation, as operator, estimates first production from Heidelberg in 2016. The Heidelberg production facility is designed to produce up to approximately 80,000 barrels of oil per day and 80 million cubic feet per day of gas. As of December 31, 2014, the company had 8.4 million barrels of oil and 3.7 billion cubic feet of gas of net proved undeveloped reserves attributed to the Heidelberg project. The company owns a 9.375% working interest in the Heidelberg project. North Platte Project: In 2012, the company announced a significant oil discovery at its North Platte prospect on Garden Banks Block 959 in the deepwater U.S. Gulf of Mexico. The North Platte #1 exploration well is located in approximately 4,400 feet of water and was drilled to a total depth of approximately 34,500 feet. The company is the operator of North Platte and owns a 60% working interest. Shenandoah Project: In 2013, the company announced that the Shenandoah #2 appraisal well encountered approximately 1,000 net feet of oil pay in multiple Inboard Lower Tertiary reservoirs. The company owns a 20% non-operated working interest in the Shenandoah project. Yucatan Project: In 2014, the company acquired a 5.34% non-operated working interest in the Yucatan discovery, which is an Inboard Lower Tertiary discovery located approximately 3 miles south of its Shenandoah discovery. Following this acquisition, the company participated as a non-operator in the Yucatan #3 appraisal well, which reached total depth of 33,838 feet in the third quarter 2014 and encountered approximately 57 gross feet of pay in Lower Tertiary oil bearing sands down-dip of the initial discovery. Anchor Discovery: In January 2015, the company announced that the initial exploration well on its Anchor prospect had been drilled to a total depth of 33,749 feet and encountered significant oil pay in multiple Inboard Lower Tertiary horizons. The Anchor discovery is located approximately 140 miles from the Louisiana coast in 5,183 feet of water. West Africa Cameia Project (Block 21): In 2014, the company submitted a formal declaration of commercial discovery to Sociedade National de Combustíveis de Angola—Empresa Pública (Sonangol) with respect to its Cameia discovery. In 2014, the company submitted the initial integrated field development plan for its Cameia project on Block 21 offshore Angola for approval by Sonangol and the Angola Ministry of Petroleum. The company is the operator of and holds a 40% working interest in the Cameia project. The company’s partner in the Cameia project is Sonangol Pesquisa e Produção, S.A. (Sonangol P&P), with a 60% working interest. Greater Orca Lontra Development (GOLD) Project (Block 20): In 2014, the company drilled the Orca #1 exploration well on Block 20 offshore Angola to a measured depth of 12,703 feet (3,872 meters) and encountered approximately 250 feet (75 meters) of net oil pay in the sag and syn-rift reservoirs. The company is the operator of the GOLD project with a 40% working interest. Its partners in the GOLD project include BP Exploration Angola (Kwanza Benguela) Limited (BP) and Sonangol P&P, with each partner holding a 30% working interest. Bicuar Discovery (Block 21): In 2014, the company announced that the Bicuar #1A exploration well was successfully drilled to a total depth of 18,829 feet (5,739 meters) and encountered approximately 180 feet (56 meters) of net pay from multiple pre-salt intervals. In 2014, the company submitted a declaration of commercial well to Sonangol regarding the Bicuar #1A exploration well. The company is the operator of and has a 40% working interest in the Bicuar discovery. The company’s partner in Bicuar is Sonangol P&P, with a 60% working interest. Mavinga Discovery (Block 21): In 2013, the company announced

 

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