Cobalt (CIE) North Platte Discovery Derisks Multiple Prospects

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UBS Starts Cobalt International Energy (CIE) at Buy

December 5, 2012 8:19 AM EST

UBS initiates coverage on Cobalt International Energy (NYSE: CIE) with a Buy.

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Shares of Cobalt International Energy closed at $23.78 yesterday, with a 52 week range of $8.77-$36.51.... More

Cobalt International (CIE) Announces Significant North Platte Discovery

December 5, 2012 7:05 AM EST

Cobalt International Energy, Inc. (NYSE: CIE) announced a significant oil discovery at its North Platte prospect on Garden Banks Block 959 in the deepwater Gulf of Mexico. Based on extensive wireline evaluation, the discovery well encountered several hundred feet of net oil pay in multiple... More