Kosmos Energy Ltd.

Kosmos Energy announced today that it has completed drilling the Anapai-1A exploration well located in Block 45 offshore Suriname. Anapai-1A was drilled to a total depth of 4,556 meters and was designed to test lower Cretaceous reservoirs in a structural trap on the flank of the basin. The prospect was fully tested, encountering high quality reservoirs in the targeted zones, but did not find hydrocarbons. The well is [...]

Kosmos Energy today gives an update on current activity in Suriname. The Anapai-1 well drilling in Block-45 offshore Suriname encountered shallow bore hole stability issues before reaching the target interval. Kosmos and its partner will re-spud the well, Anapai-1A, targeting the same objectives. The well design has been reconfigured to address the issues previously encountered. Anapai-1A is expected to spud imminently [...]

Kosmos Energy Ltd. announced today financial and operating results for the first quarter of 2018. For the first quarter of 2018, the Company generated a net loss of $50.2 million, or $0.13 per diluted share as compared to net loss of $28.8 million or $0.07 per diluted share in the same period last year. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss of [...]

Kosmos Energy announced today the following schedule for its first quarter 2018 results: Earnings Release: Monday, May 7, 2018, pre-UK market open via BusinessWire, Regulatory News Service, and the Company’s website at www.kosmosenergy.com. Conference Call: Monday, May 7, 2018, at 11:00 a.m. EST. The call will be available via telephone and webcast. Dial-in telephone numbers: U.S. / Canada: +1.877.407.3982 [...]

Kosmos Energy Ltd. announced today financial and operating results for the fourth quarter of 2017. For the fourth quarter of 2017, the Company generated a net loss of $122.1 million, or $0.31 per diluted share as compared to net loss of $56.7 million or $0.15 per diluted share in the same period last year. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss [...]

Kosmos Energy confirmed today that the governments of Mauritania and Senegal have signed an Inter-Governmental Cooperation Agreement which enables the development of the cross-border Tortue natural gas field to continue moving forward. With this agreement in place, Kosmos expects a final investment decision for the Greater Tortue project around the end of 2018 and is aiming for first gas in 2021. Minister of Energy [...]

Kosmos Energy announced today that it has refinanced its reserve based lending facility. The RBL facility, which previously incorporated only the company’s Ghana assets, now includes the recently acquired producing assets in Equatorial Guinea as well as allowing the company the future flexibility to include the Greater Tortue development post final investment decision. The structure of the RBL includes an expansion [...]

Kosmos Energy announced today that it has completed drilling the Requin Tigre-1 exploration well located in Senegal’s Saint Louis Offshore Profond block. Requin Tigre-1 was drilled to a total depth of 5,200 meters and was designed to evaluate Cenomanian and Albian reservoirs in a structural-stratigraphic trap, charged from an underlying Neocomian-Valanginian source kitchen. The prospect was fully tested but did not [...]

Kosmos Energy announced today the following schedule for its fourth quarter 2017 results: Earnings Release: Monday, February 26, 2018, pre-UK market open via BusinessWire, Regulatory News Service, and the Company’s website at www.kosmosenergy.com. Conference Call: Monday, February 26, 2018, at 11:00 a.m. EST. The call will be available via telephone and webcast. Dial-in telephone numbers: U.S. / Canada [...]

Kosmos Energy announced today that it has completed drilling the Lamantin-1 exploration well located in Block C-12 offshore Mauritania in approximately 2,200 meters of water. Lamantin-1 was drilled to a total depth of 5,150 meters and was designed to evaluate a previously untested Lower Campanian base of slope fan supplied from the Nouakchott River system, trapped in a combination structural-stratigraphic feature, and [...]