HOUSTON--(BUSINESS WIRE)--Dec. 12, 2012--
Cobalt expects to close the offering of the Notes (including the additional Notes) on
Cobalt intends to use the net proceeds from the sale of the Notes to fund its capital expenditures and for general corporate purposes.
The offering is being made pursuant to an effective shelf registration statement, including a prospectus and a prospectus supplement relating to the offering, filed by Cobalt with the
This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offer or sale of these securities will be made only by means of a prospectus, including a prospectus supplement, forming a part of the related registration statement.
Cobalt is an independent oil exploration and production company focusing on the deepwater U.S. Gulf of
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 — that is, statements related to future, not past, events. Forward-looking statements are based on current expectations and include any statement that does not directly relate to a current or historical fact. In this context, forward-looking statements often address Cobalt’s expected future business and financial performance, and often contain words such as “anticipate,” “believe,” “intend,” “expect,” “plan,” “will” or other similar words. These forward-looking statements involve certain risks and uncertainties that ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. For further discussion of risks and uncertainties, individuals should refer to Cobalt’s
Cobalt International Energy, Inc.
Richard A. Smith, +1-713-579-9141
Vice President, Investor Relations and Planning
Lynne L. Hackedorn, +1-713-579-9115
Vice President, Government and Public Affairs