Cobalt Energy Ltd.
TSX VENTURE : CB.A
TSX VENTURE : CB.B

Cobalt Energy Ltd.

March 20, 2009 13:49 ET

Cobalt Files 2008 Year-End Reserves Information

CALGARY, ALBERTA--(Marketwire - March 20, 2009) - Cobalt Energy Ltd. (TSX VENTURE:CB.A) (TSX VENTURE:CB.B) ("Cobalt" or the "Company") today announces that it has filed the following reports for the year ended December 31, 2008, as required under National Instrument 51-101 "Standard of Disclosure for Oil and Gas Activities": Form 51-101F1 "Statement of Reserves Data and Other Oil and Gas Information", Form 51-101F2 "Report on Reserves Data by Independent Qualified Reserves Evaluators", and Form 51-101F3 "Report of Management and Directors on Oil and Gas Disclosure". These documents can be found for viewing by electronic means on the System for Electronic Document and Analysis Retrieval at www.sedar.com.

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