Cobalt’s US Gulf Of Mexico Bankruptcy Auction Pulls In $578 Million

Transaction Type
Basin
U.S. Gulf of Mexico; Green Canyon Area
Field
Anchor Prospect
Announce Date
Post Date
Close Date
Estimated Price
$181.0MM
Description

Purchased as part of a bankruptcy auction an additional 20% stake in the Anchor discovery in the Wilcox play within the Green Canyon area of the US GoM; now holds 32.5% nonoperated interest in the prospect.