Cobalt International Energy

Cobalt International Resources, Inc. is a leading multinational exploration and production corporation with a world-class portfolio in deep water in the United States Gulf of Mexico and offshore West Africa. They have recruited the right people, with the right technologies, and with the right emphasis to bring the greatest value to their investors and partners. They are lean, fast-moving, and agile. Cobalt has filed a series of “first-day” motions with the court, calling for permission to use the cash collateral, to retain the current cash management scheme, and other regular relief. If granted, such motions would ensure Cobalt's ability to continue operating as normal throughout the restructuring process.