SEC Investigation of Cobalt International Energy, Inc.


Baker Botts L.L.P., a leading international law firm, today announced that the staff of the United States Securities and Exchange Commission (SEC) advised Baker Botts on January 29, 2018, that it has closed its investigation into the Angolan operations of firm client, Cobalt International Energy, Inc. (Cobalt) (NYSE: CIE) without recommending any enforcement action.

The SEC began its current investigation into Cobalt’s Angolan operations in March 2017. The SEC and DOJ previously opened investigations in 2011 and concluded them, respectively, in 2015 and 2017. All three investigations were concluded without any enforcement action and without any settlement.

The Baker Botts team included Michael Goldberg (Picture), Partner (Houston and New York); Russell Lewis, Partner (Houston); along with associates Sarah Coble, (Houston); Laura Smith (Washington, D.C.); and Ben Gonsoulin (Houston).

Involved fees earner: Michael Goldberg – Baker Botts; Russell Lewis – Baker Botts; Sarah Coble – Baker Botts; Laura Smith – Baker Botts; Benjamin Gonsoulin – Baker Botts;

Law Firms: Baker Botts;

Clients: Cobalt International Energy, Inc.;