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Press release from Business Wire

Cobalt International Energy, Inc. Releases Updated Investor Presentation

Tuesday, January 10, 2012

Cobalt International Energy, Inc. Releases Updated Investor Presentation07:00 EST Tuesday, January 10, 2012 HOUSTON (Business Wire) -- Cobalt International Energy, Inc. (“Cobalt”) (NYSE: CIE) today released an updated Investor Presentation, providing additional information regarding its West Africa and Gulf of Mexico drilling program. This Investor Presentation is available on Cobalt's website at www.cobaltintl.com in the Investors-Presentation and Publications section. About Cobalt Cobalt is an independent oil exploration and production company focusing on the deepwater U.S. Gulf of Mexico and offshore Angola and Gabon. Cobalt was formed in 2005 and is headquartered in Houston, Texas. Cobalt International Energy, Inc.Investor Relations:Richard A. Smith, +1 (713) 452-2322Vice President, Investor Relations and PlanningorMedia Relations:Lynne L. Hackedorn, +1 (713) 579-9115Vice President, Government and Public Affairs