Cobalt to Spend Up to $900 Mln in 2013
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.
January 4, 2013