Impairments bite Cobalt as red ink flows

Dry-well woe: Cobalt booked higer impairments in the second quarter

Dry-well impairments were a significant factor as Cobalt International Energy sank deeper into the red in the second quarter.

Newsletter signup


Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?