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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Brumar89 who wrote (128240)12/21/2011 11:21:26 AM
From: Dennis Roth2 Recommendations  Read Replies (2) of 206272
 
Cobalt International Energy (CIE)
Alert: Cameia-1 Offshore Angola Yields “Encouraging” Results
20 December 2011 ¦ 8 pages
ir.citi.com

Initial Read On Offshore Angola Prospect “Encouraging”... – Cobalt announced
this morning that results from the Cameia-1 well on Block 21 offshore Angola “confirm
the existence of hydrocarbons and are encouraging.” The company would not provide
any further detail other than to say that it has run a full suite of logging tools that
included taking core samples. Management also would not say whether the
hydrocarbons were oil or natural gas. Cobalt does plan to conduct a flow test of the
well with results expected to be disclosed in 3-5 weeks once the tests are completed.
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