Kosmos Energy (NYSE: KOS) announced today that its Ahmeyim-2 appraisal well has successfully delineated the Ahmeyim and Guembeul gas discoveries offshore Mauritania and Senegal. Located in Mauritanian waters, approximately 5 kilometers northwest, and 200 meters downdip of the basin-opening Tortue-1 discovery well in approximately 2,800 meters of water, Ahmeyim-2 was drilled to a total depth of 5,200 meters. As [...]
Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today financial and operating results for the fourth quarter and full year 2015. For the fourth quarter of 2015, the Company generated net income of $24.0 million, or $0.06 per diluted share. For the full year 2015, the Company reported a net loss of $69.8 million or $0.18 per diluted share. When adjusted for certain items that impact the comparability of [...]
Kosmos Energy (NYSE: KOS) announced today that it has been informed by Tullow Oil Plc (“Tullow”), operator of the Jubilee Unit, of a change to operating procedures on the Jubilee field Floating Production Storage and Offloading vessel (FPSO). Following a recent inspection of the turret area of the Jubilee FPSO by SOFEC, the original turret manufacturer, a potential issue was identified with the turret bearing [...]
Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today that Andrew G. Inglis, chairman and chief executive officer, will present at the Credit Suisse 21st Annual Energy Summit on Wednesday, February 24, 2016, at 9:15 a.m. MST. The presentation materials will be available on the investors page of Kosmos’ website at www.kosmosenergy.com. A replay of the webcast will be available on the website for [...]
Kosmos Energy (NYSE: KOS) provided today an operational and financial update in advance of releasing its fourth quarter 2015 results. Ghana Gross production volumes from the Jubilee field averaged approximately 106,000 barrels of oil per day (bopd) during the fourth quarter, and 102,500 bopd for the full year 2015. There were three liftings net to Kosmos during the fourth quarter, resulting in sales of 2.8 million [...]
Kosmos Energy (NYSE: KOS) announced today that its Guembeul-1 exploration well, located in the northern part of the St. Louis Offshore Profond license area in Senegal, has made a significant gas discovery. Located approximately five kilometers south of the basin-opening Tortue-1 gas discovery (renamed Ahmeyim) in approximately 2,700 meters of water, Guembeul-1 was drilled to a total depth of 5,245 meters. The well [...]
Kosmos Energy (NYSE: KOS) announced today the following schedule for its fourth quarter and full year 2015 results: Earnings Release: Monday, February 22, 2016, pre-market via Business Wire and the company’s website at www.kosmosenergy.com. Conference Call: Monday, February 22, 2016, 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 (NYSE: KOS) announced today that Yves-Louis Darricarrère has been appointed to its Board of Directors effective immediately. Mr. Darricarrère retired earlier this year from Total S.A. after a distinguished thirty-seven year career in which he served most recently as Executive Vice President of Total S.A., and President of Total Upstream, with responsibility for all group upstream activities in [...]
Kosmos Energy (NYSE: KOS) announced today that the Marsouin-1 exploration well, located in the northern part of Block C-8 offshore Mauritania, has made a significant, play-extending gas discovery. This is the company’s second major discovery of 2015. Based on preliminary analysis of drilling and wireline logging results, Marsouin-1 encountered at least 70 meters (230 feet) of net gas pay in Upper and Lower [...]
Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today financial and operating results for the third quarter of 2015, which included net income of $60.3 million, or $0.15 per diluted share, as compared to net income of $19.1 million, or $0.05 per diluted share in the same quarter last year. When adjusted for certain items that impact the comparability of results, the Company generated adjusted net income(1 [...]
Agreement Approved by ANP-STP for Kosmos to Take Over Operatorship of Block HOUSTON, TX--(Marketwired - Oct 20, 2015) - ERHC Energy Inc. (OTC PINK: ERHE), a publicly traded American company with oil and gas assets in Sub-Saharan Africa, announced today that it has reached an agreement with Kosmos Energy (NYSE: KOS), a leading independent oil and gas exploration and production company focused on frontier and emerging [...]
Kosmos Energy (NYSE: KOS) announced today the following schedule for its third quarter 2015 results: Earnings Release: Monday, November 2, 2015, pre-market via Business Wire and the Company’s website at www.kosmosenergy.com. Conference Call: Monday, November 2, 2015, at 11:00 a.m. EST. The call will be accessible via telephone and webcast. Dial-in telephone numbers: U.S. / Canada: +1.877.407.3982 International [...]