Cobalt International Energy, L.P. · Houston, TX United States ·(NYSE: CIE)

Cobalt International Energy scours the deep blue seas in search of oil. An exploration and development company, Cobalt International owns interests in offshore properties located in the Gulf of Mexico and West Africa. The company's assets include majority and minority stakes in more than half-a-million acres in the Gulf and more than 2 million acres in blocks located off the coast of Gabon and Angola. It focuses primarily on searching for oil pockets encased beneath salt layers, which until recently was traditionally untapped geological territory in the oil industry. Founded in 2005, Cobalt International filed an initial public offering (IPO) in 2009. To read the full description, subscribe now.