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Cobalt International Energy Inc (CIE.N)

CIE.N on New York Stock Exchange

1.27USD
29 Sep 2016
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Wed, Sep 7 2016

BRIEF-Cobalt retained advisors to assist company in potential strategic alternatives

* Retained advisers to assist company in analyzing and evaluating potential strategic alternatives

Cobalt International says Angola oil block stake sale terminated

Aug 23 Cobalt International Energy Inc said the proposed $1.75 billion sale of a 40 percent stake in two offshore oil blocks in Angola to the state oil company was terminated as it did not get the necessary approvals from the country's government.

BRIEF-Agreement between Unit Cobalt International Energy Angola and Sonangol terminated

* On aug 22, 2016, purchase and sale agreement between unit cobalt international energy angola ltd. And sonangol was automatically terminated

BRIEF-Cobalt International CFO David Powell reports purchase of 100,000 shares at avg price $0.99/shr

* Says CFO David Powell reports purchase of 100,000 shares of co's common stock on Aug 16 at average price of $0.99 per share - SEC filing Source text for Eikon: (http://bit.ly/2bfcoIM) Further company coverage:

Cobalt International says Angola stake sale off track

Cobalt International Energy Inc said it was unlikely to close a $1.75 billion sale of its 40 percent stake in two offshore oil blocks in Angola to the state oil company, sending its shares down as much as 43.5 percent.

UPDATE 1-Cobalt International says Angola stake sale off track

Aug 2 Cobalt International Energy Inc said it was unlikely to close a $1.75 billion sale of its 40 percent stake in two offshore oil blocks in Angola to the state oil company, sending its shares down as much as 43.5 percent.

Cobalt International's Angola stake sale to Sonangol unlikely

Aug 2 Cobalt International Energy Inc said it was unlikely to close a $1.75 billion sale of its 40 percent stake in two offshore oil blocks in Angola to the state oil company, sending its shares down as much as 43.5 percent.

BRIEF-Cobalt International reports Q2 loss per share $0.50

* Q2 earnings per share view $-0.11 -- Thomson Reuters I/B/E/S

BRIEF-Cobalt International Energy's unit terminates borrowing base facility agreement

* Unit terminated borrowing base facility agreement providing for limited recourse $150 million reserve-based term loan facility

BRIEF-Cobalt International Energy appoints Timothy Cutt as CEO

* Van Whitfield, appointed as interim chief executive officer

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