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Cobalt International Energy Reports Diaman #1B Well has Successfully Confirmed Existence of Working Petroleum System


Cobalt International Energy, Inc. (“Cobalt”) (NYSE: CIE) today provided
an update on its deepwater drilling operations in West Africa and the
Gulf of Mexico, and announced that it has entered into a new rig

In West Africa, the Total Gabon operated Diaman #1B well, drilled on the
Diaba block in offshore Gabon, has reached its total depth of 5,585
meters (18,323 feet), and encountered approximately 50-55 meters
(160-180 feet) of net hydrocarbons in the objective Pre-salt formations.
The Diaman #1B well has successfully confirmed the existence of a
working petroleum system. Early indications are that the discovered
hydrocarbons are gas with condensate. A full analysis of the hydrocarbon
encountered in the sandstone reservoirs will be

See full press release

Posted-In: News Guidance Management Global


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