Cobalt Energy (CIE +33.2%) surges after the company joins BP, Total (TOT), Eni (E), Statoil...

|About: Cobalt International Energy... (CIE)|By:, SA News Editor

Cobalt Energy (CIE +33.2%) surges after the company joins BP, Total (TOT), Eni (E), Statoil (STO), and Repsol (REPYF.PK) in signing deals with Angola's government to explore for oil off the country's coast. Shares took off last week after a Diamond Offshore (DO) 8-K disclosure fueled hopes that a deal was imminent.