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Cobalt International Energy
| May 2015 Investor Presentation | Joseph H. Bryant | Page 8 of 11 |
May 12, 2015
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Cobalt International Energy
| May 2015 Investor Presentation | Joseph H. Bryant | Page 8 of 11 |
May 12, 2015
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"May 2015 Investor Presentation"
May 12, 2015
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Cobalt pivots from being exploration-dominated to selectively developing our existing discoveries The natural evolution of our portfolio – transitioning from an exploration to an E&P company Capital and Operating expenditures of $191 million in 1Q 2015, in line with $800- $900 million full year estimate A Planned Transformation of Expenditures in 2015 2013 2014 877 829 Exploration and Other Items Appraisal & Development ($MM) 2015E 800-900 Capital and Operating Expenditures
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