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Cobalt production test at Angola well to be delayed; shares down

September 24, 2012 Comments Off on Cobalt production test at Angola well to be delayed; shares down

September 24, 2012, 4:44 pm

(Reuters) – Oil explorer Cobalt International Energy Inc said production test at a well off the coast of Angola will be delayed indefinitely due to a rig malfunction, sending its shares down as much as 9 percent.
Cobalt said in a regulatory filing earlier this mon…

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