Kosmos Energy Ltd. (Kosmos) (NYSE: KOS) announced today that funds affiliated with The Blackstone Group L.P. and Warburg Pincus LLC, respectively (the Selling Shareholders), have agreed to sell an aggregate of 15 million of Kosmoss common shares in a registered underwritten public offering (the Offering). The underwriter of the Offering has been granted an option, exercisable within 30 days, to purchase up to an [...]
Kosmos Energy Ltd. (Kosmos) (NYSE: KOS) announced today that Andrew G. Inglis, chairman and chief executive officer, will present at the RBC Capital Markets International Oil & Gas Conference on October 7, 2014, at 11:35 a.m. BST. The presentation materials will be available on the investors page of Kosmos website at www.kosmosenergy.com. About Kosmos Energy Kosmos Energy is a leading independent oil and gas [...]
Kosmos Energy Ltd. (Kosmos) (NYSE: KOS) today provided an operational and financial update in advance of releasing its third quarter 2014 results. As a result of the continued strong production from the Jubilee field, gross production has averaged approximately 103,000 barrels of oil per day (bopd) for the first nine months of 2014. Accordingly, the company completed its seventh lifting of crude oil for the year on [...]
Kosmos Energy Ltd. (Kosmos) (NYSE: KOS) announced today that Andrew G. Inglis, chairman and chief executive officer, will present at the Barclays CEO Energy-Power Conference on September 3, 2014, at 12:25 p.m. EDT. The presentation materials and a live webcast of the event 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 Ltd. (Kosmos) (NYSE: KOS) announced today financial and operating results for the second quarter of 2014, which included net income of $57 million, or $0.15 per basic and diluted share as compared with a net loss of $71 million, or $0.19 per basic and diluted share in the same quarter last year. As previously disclosed, the current quarters results include a non-cash mark-to-market charge related to the [...]
Kosmos Energy Ltd. (Kosmos) (NYSE: KOS) announced today the pricing of its previously announced private offering to eligible purchasers of $300 million aggregate principal amount of its 7.875% senior secured notes due 2021. The net proceeds from the offering, after deducting discounts, commissions and other expenses, are expected to be approximately $292.5 million. The offering is expected to close on August 1, 2014 [...]
Kosmos Energy Ltd. (Kosmos) (NYSE: KOS) announced today that, subject to market conditions, it intends to offer $300 million aggregate principal amount of senior secured notes due 2021 in a private offering to eligible purchasers. Kosmos intends to use the net proceeds from this offering to repay a portion of the outstanding indebtedness under its commercial debt facility and for general corporate purposes. The [...]
Kosmos Energy Ltd. (Kosmos) (NYSE: KOS) announced today the closing of the previously announced registered underwritten public offering of 19.55 million common shares (the Offering) from funds affiliated with The Blackstone Group L.P. and Warburg Pincus LLC (the Selling Shareholders), which includes 2.55 million common shares sold pursuant to the fully-exercised over-allotment option granted to the underwriter of [...]
Kosmos Energy Ltd. (Kosmos) (NYSE: KOS) announced today the pricing of a previously announced underwritten public offering of 17 million of its common shares (the Offering), all of which were offered by funds affiliated with The Blackstone Group L.P. and Warburg Pincus LLC, respectively (the Selling Shareholders). The price to the public was $9.92 per share. The underwriter of the Offering has been granted an [...]
Kosmos Energy Ltd. (Kosmos) (NYSE: KOS) announced today that funds affiliated with The Blackstone Group L.P. and Warburg Pincus LLC, respectively (the Selling Shareholders), have agreed to sell an aggregate of 17 million of Kosmoss common shares in a registered underwritten public offering (the Offering). The underwriter of the Offering has been granted an option, exercisable within 30 days, to purchase up to an [...]
Kosmos Energy Ltd. (Kosmos) (NYSE: KOS) today provided an operational and financial update in advance of releasing its second quarter 2014 results. As a result of continued strong production from the Jubilee field, and being in an underlifted position at the end of the first quarter of 2014, the company benefited from three liftings of crude oil totaling approximately 2.9 million barrels during the three months ended [...]
Kosmos Energy Ltd. (Kosmos) (NYSE: KOS) today announced the release of its 2013 Corporate Responsibility Report outlining its non-financial performance and its actions to promote economic, social and environmental sustainability. At Kosmos, corporate responsibility is a core part of our strategy for becoming a partner of choice, said Andrew G. Inglis, Kosmos chairman and chief executive officer. We recognize that [...]