Cobalt Succumbs to Chapter 11, to Sell Some E&P Prospects - Natu...

Cobalt Succumbs to Chapter 11, to Sell Some E&P Prospects
Natural Gas Intelligence
Houston-based Cobalt International Energy Inc., which launched in 2005 and has since built an inventory of deepwater prospects in the Gulf of Mexico (GOM), has filed for voluntary bankruptcy protection and plans to sell off some of its portfolio ...