Former BP, Unocal execs form new firmE&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....
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Company says it expects to be competitive GOM, international deepwater targeted High number of GOM leases due to expire
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