Cobalt cleared for pre-salt Angola wells

Sonangol has approved Cobalt International Energy’s plans for two pre-salt exploratory wells.

Offshore staff

LUANDA, Angola -- Sonangol has approved Cobalt International Energy’s plans for two pre-salt exploratory wells.

The Cameia-1 and Bicuar-1 wells will both be drilled on offshore block 21. Cobalt plans to drill the surface hole of Bicuar-1, transfer the rig to Cameia-1 to drill and evaluate that prospect, then return to drill Bicuar-1 to total depth.

The program should start by mid-year. By that point, Cobalt also expects completion of the formal award of its 40% working interest and operatorship in offshore block 20.

05/04/2011

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