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Vol. 10, No. 50 Week of December 11, 2005
Providing coverage of Alaska and northern Canada's oil and gas industry


Former BP, Unocal execs form new firm

E&P independent Cobalt looking to enter deepwater Gulf with $500M in the bank, a seasoned ‘Dream Team’

Ray Tyson

Petroleum News Contributing Writer

Cobalt International Energy and its high-powered team of former BP and Unocal executives have put together a nice bankroll to start accumulating oil and gas leases in the deepwater Gulf of Mexico, a particularly arduous task for an upstart E&P independent with no current acreage whatsoever. Neverth....

    [additional news subjects in this story]

Company says it expects to be competitive

GOM, international deepwater targeted

High number of GOM leases due to expire


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