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Stock Market & Financial Investment News

News Breaks
December 5, 2012
07:03 EDTCIE, TOTCobalt announces significant North Platte deepwater Gulf of Mexico discovery
Cobalt International Energy (CIE) announced a significant oil discovery at its North Platte prospect on Garden Banks Block 959 in the deepwater Gulf of Mexico. The discovery well encountered several hundred feet of net oil pay in multiple Inboard Lower Tertiary sands. North Platte is located in approximately 4,400 feet of water and was drilled to a total depth of approximately 34,500 feet. Cobalt is the operator of North Platte and has a 60% working interest in the prospect. Total (TOT) E&P USA is Cobaltís partner in the discovery, with a 40% working interest.
News For CIE;TOT From The Last 14 Days
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September 2, 2014
07:37 EDTCIECobalt added to Best of Bernstein list at Bernstein
Bernstein added Cobalt to its Best of Bernstein list as the firm thinks the stock has reached an attractive entry point. The firm believes that the company's results were positive, while fears about its Wells notice are excessive. Bernstein added the stock to its Best of Bernstein list and keeps an Outperform rating on the shares.
August 29, 2014
06:38 EDTTOTRising oil supplies pressuring prices, NY Times says
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August 27, 2014
16:38 EDTCIECobalt no longer has relationship with Nazaki or Alper
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06:29 EDTTOTShell consortium nears deal to sell Nigeria oilfields for $5B, FT reports
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