Monday, April 16, 2012

Reuters: Regulatory News: Cobalt denies wrongdoing in Angola

Reuters: Regulatory News
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Cobalt denies wrongdoing in Angola
Apr 16th 2012, 13:43

April 16 | Mon Apr 16, 2012 9:43am EDT

April 16 (Reuters) - Cobalt International Energy Inc said on Monday it "strongly refuted" allegations published in the Financial Times, which said three of Angolan officials have acknowledged that they hold concealed shares in an oil venture linked to the company.

The company denied any allegations of wrongdoing and said it was in compliance with all laws in the areas where it operates.

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