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

Transaction Type
Basin
U.S. Gulf of Mexico; Garden Banks Area
Field
North Platte Prospect
Announce Date
Post Date
Close Date
Estimated Price
$339.0MM
Description

Acquired Cobalt's 60% operated interest in the North Platte discovery in the Wilcox play within the US GoM Garden Banks area as part of a bankruptcy auction.