SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* KERN Cobalt Co-Invest Partners AP LP (Last) (First) (Middle) CENTENNIAL PLACE EAST, 3110-520 3RD AVENUE SW (Street) CALGARY A0 T2P 0R3 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol Cobalt International Energy, Inc. [ CIE ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 02/29/2012
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.01	02/29/2012		S		5,095,298(2)	D	$27.16(2)	26,939,795	D(1)(2)(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* KERN Cobalt Co-Invest Partners AP LP (Last) (First) (Middle) CENTENNIAL PLACE EAST, 3110-520 3RD AVENUE SW (Street) CALGARY A0 T2P 0R3 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* KERN Cobalt Group Management Ltd. (Last) (First) (Middle) CENTENNIAL PLACE EAST, 3110-520 3RD AVENUE SW (Street) CALGARY A0 T2P 0R3 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* KERN Energy Partners I LP (Last) (First) (Middle) CENTENNIAL PLACE EAST, 3110-520 3RD AVENUE SW (Street) CALGARY A0 T2P 0R3 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* KERN Energy Partners II LP (Last) (First) (Middle) CENTENNIAL PLACE EAST, 3110-520 3RD AVENUE SW (Street) CALGARY A0 T2P 0R3 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* KERN Energy Partners III LP (Last) (First) (Middle) CENTENNIAL PLACE EAST, 3110-520 3RD AVENUE SW (Street) CALGARY A0 T2P 0R3 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* KERN Cobalt Co-Invest V LP (Last) (First) (Middle) CENTENNIAL PLACE EAST, 3110-520 3RD AVENUE SW (Street) CALGARY A0 T2P 0R3 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* KERN Energy Partners I U.S. LP (Last) (First) (Middle) CENTENNIAL PLACE EAST, 3110-520 3RD AVENUE SW (Street) CALGARY A0 T2P 0R3 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* KERN Energy Partners II U.S. LP (Last) (First) (Middle) CENTENNIAL PLACE EAST, 3110-520 3RD AVENUE SW (Street) CALGARY A0 T2P 0R3 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* KERN Energy Partners III U.S. LP (Last) (First) (Middle) CENTENNIAL PLACE EAST, 3110-520 3RD AVENUE SW (Street) CALGARY A0 T2P 0R3 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* KERN Cobalt Group V LLC (Last) (First) (Middle) CENTENNIAL PLACE EAST, 3110-520 3RD AVENUE SW (Street) CALGARY A0 T2P 0R3 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. For text of Footnote 1, see Exhibit 99.1.

2. For text of Footnote 2, see Exhibit 99.1.

3. For text of Footnote 3, see Exhibit 99.1.

Remarks:

	See Exhibit 99.2	03/02/2012
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.