Cobalt International Energy, a Houston-based oil company, announced today that its 2013 cash expenditures are estimated to be $750-$900 million.
The range is primarily dependent on the appraisal and development activity associated with existing discoveries.
Cobalt also announced that Joseph H. Bryant , Cobalt’s Chairman and Chief Executive Officer, will participate in the 2013 Goldman Sachs Global Energy Conference in Miami, Florida on Tuesday.
[mappress] January 4, 2013