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Cobalt International Energy
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May 2015 Investor Presentation
| Joseph H. Bryant | Page 10 of 11 |
November 21, 2024
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"May 2015 Investor Presentation"
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Heidelberg remains on track for first oil in the first half of 2016 Facility designed to produce 80,000 BOPD Commenced installation operations for flowlines and export lines Development drilling ongoing Reserve and resource estimate (1) : 217-420 MMBOE (gross) resources 18-34 MMBOE (net) resources 9 MMBOE net proved reserves Cobalt 9.375% working interest; Anadarko operated Heidelberg on Schedule and Budget for Startup Heidelberg Hull and Topsides at the Yard (1) Per NSAI as of 12/31/2014