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


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.
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  • Retired User
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    planning to short CIE after the froth over nothing subsides
    20 Dec 2011, 03:09 PM Reply Like
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