Cobalt International Energy, Inc. (OTCMKTS:CIEIQ) And Sonangol Reach A $0.5 Billion Settlement

Cobalt International Energy, Inc. (OTCMKTS:CIEIQ) and Sonangol (Angolan National Concessionaire Sociedade Nacional de Combustíveis de Angola — Empresa Pública) have inked an agreement aimed at resolving disputes between the two entities as well as transition the Angolan offshore interests of the former in Blocks 21 and Blocks 20 to the latter at a price of […]