COBALT INTERNATIONAL ENERGY, INC.
—6—
A D E C A D E O F D I S C O V E RY
Block
20
Block
21
Block
9
GABON
Diaba
Kilometers
0 20 40
07 08
06
09
Mapped Angola
deepwater pre-salt
play as a potential
new exploration
basin; Reviewed
pre-salt play concept
with Sonangol
Cobalt formed as
new deepwater
exploration
and production
company with
backing from
private equity
sponsors including
Goldman, Sachs &
Co. and Carlyle
Riverstone
Obtained contractual
rights to Angolan
acreage; Additional
private equity
investment from First
Reserve Corporation
Acquired interest
in Gabon Diaba
Block from TOTAL
Completed
successful Initial
Public Offering,
raising over $1 Billion
Heidelberg Miocene
discovery (GC 859);
Shenandoah Inboard
Lower Tertiary
discovery (WR 52);
TOTAL Alliance
established in Gulf
of Mexico
Third most success-
ful bidder in OCS
Lease Sale with 53
high bids; Awarded
51 Gulf of Mexico
lease blocks
Awarded 36
Gulf of Mexico
lease blocks at
Central Lease Sale
Awarded 23 Gulf
of Mexico lease
blocks in OCS Lease
Sale; Further private
equity investment
from KERN
Partners, Ltd.
Block
20
Block
21
Block
9
GABON
Diaba
Kilometers
0 20 40
05
23
36
51
