- Cobalt has 40% WI in Blocks 9, 20 and 21 offshore Angola
- In the company's Q1 results (1 May 2014), Cobalt announced that it had successfully tested the Orca-1 well which flowed at a constrained rate of 3,700bopd + 460mcmpd
- Orca-1 lies in Block 20 and is the largest discovery to date in the Kwanza Basin; Orca is estimated to hold 400-700mmboe
- On Block 21, Cobalt recently began drilling the Cameia-3 well with the field expected to reach first oil in 2017
- The Cameia-1 discovery was drilled made in 2012 and the Cameia-2 appraisal was drilled in 2013
- On Block 9, Cobalt has received a two-year extension where it plans to drill the Loengo-1 exploration well after Cameia-3
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