Cobalt International Energy, Inc. (“Cobalt”) CIE today announced that
it has commenced a registered underwritten public offering of 40,000,000
shares of its common stock, all of which will be offered by selling
stockholders. The underwriters of this offering have been granted an option,
exercisable within 30 days, to purchase up to an additional 6,000,000 shares
of common stock from certain of the selling stockholders on the same terms and
conditions. Cobalt will not receive any of the proceeds from the sale of the
shares of common stock.
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