New Chapter 11 Bankruptcy - Cobalt International Energy Inc. ($CIE)

Cobalt International Energy Inc.

• 12/13/17 Recap: Houston-based publicly-traded ($CIE) deepwater exploration and production company operating in the U.S. Gulf of Mexico and offshore Angola and Gabon in West Africa has filed for bankruptcy. The company blames "a failed sale of Cobalt’s Angolan assets and the related litigation, the prolonged downturn in th…