Cobalt’s vision is to become one of the world’s most admired exploration and production companies by keeping commitments, adhering to our values, achieving results as promised, and consistently delivering top quartile rates of return. Our business model allows us to move quickly and seamlessly through the exploration, appraisal, development and production processes.
Cobalt’s pioneering approach to oil exploration was built on the unique idea that an agile company, armed with exceptional human talent, the best available seismic data, outstanding assets and a disciplined business model, can compete with the world’s largest energy companies. Through our experienced workforce, innovative technology and pioneering siting techniques, the company has built a carefully selected, world-class oil portfolio in the deepwater regions of the Gulf of Mexico and offshore West Africa.
As we transition from an oil exploration company to exploration and development, we continue our endeavor to be a successful, enduring enterprise that will generate wealth for our investors and provide an outstanding professional experience for our team members. Our track record of exploration excellence continues with twelve deepwater discoveries in the Gulf of Mexico and West Africa. These achievements, combined with a disciplined plan for future oil production, position the company exceptionally well for long-term value creation.
At Cobalt, we are discovering opportunity and producing value.