Kosmos Energy has entered into an agreement to sell its 40.375% non-operating working interest in the Ceiba Field and Okume Complex production assets offshore Equatorial Guinea to Panoro Energy for $180 million, plus future contingent payments of up to $39.5 million. Under the terms of the agreement, Panoro will acquire the Kosmos subsidiary that owns an interest in Block G where the Ceiba and Okume production assets are [...]
Kosmos Energy is pleased to confirm that the license extensions for the West Cape Three Points and Deepwater Tano Petroleum Agreements, which cover the Jubilee and TEN fields in Ghana, have been formally ratified by the Ghanaian parliament. The licenses now extend to 2040. The license extensions bring key benefits to Ghana including up to $2 billion in incremental investment as well as higher volumes of affordable gas [...]
Kosmos Energy announced today the following schedule for its fourth quarter 2025 results: Earnings Release: Monday, March 2, 2026, pre-UK market open via Business Wire, Regulatory News Service, and the Company's website at www.kosmosenergy.com. Conference Call: Monday, March 2, 2026, at 11:00 a.m. ET. The call will be available via telephone and webcast. Dial-in telephone numbers: Toll Free: 1-800-715-9871 [...]
Kosmos Energy Ltd. announced today the pricing of $350 million aggregate principal amount of 11.25% senior secured bonds due 2031 in the Nordic bond market. The senior bonds will be issued by Kosmos Energy GTA Holdings, a wholly-owned subsidiary of Kosmos, and will be fully and unconditionally guaranteed by the Company, as well as the Company's wholly-owned subsidiaries, Kosmos Energy Tortue Finance, Kosmos Energy [...]
Kosmos Energy Ltd. announced today that its wholly-owned subsidiary, Kosmos Energy GTA Holdings , intends to offer, subject to market conditions and other factors, $350 million aggregate principal amount of senior secured bonds in the Nordic bond market. The senior bonds will be due in 2031 and will be fully and unconditionally guaranteed by the Company, as well as the Company's wholly-owned subsidiaries, Kosmos Energy [...]
Kosmos Energy today provided an operational and financial update on its recent business activities. Operational Update In Ghana, the second producer well in the 2025-2026 Jubilee field development campaign has been successfully drilled and completed, and is expected online shortly. The well encountered approximately 50 meters of net pay, in line with Kosmos' expectations and has been completed in three zones, similar to [...]
Kosmos Energy Ltd. announced today its financial and operating results for the third quarter of 2025. For the quarter, the Company generated a net loss of $124 million, or $0.26 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss of $72 million, or $0.15 per diluted share for the third quarter of 2025. THIRD QUARTER 2025 HIGHLIGHTS Net [...]
Kosmos Energy announced today the following schedule for its third quarter 2025 results: Earnings Release: Monday, November 3, 2025, pre-UK market open via Business Wire, Regulatory News Service, and the Company's website at www.kosmosenergy.com. Conference Call: Monday, November 3, 2025, at 11:00 a.m. ET. The call will be available via telephone and webcast. Dial-in telephone numbers: Toll Free: 1-877-407-0784 [...]
Kosmos Energy today provides a financial update following several positive developments across the company's financing activities. Reserve-Based Lending Facility Kosmos has successfully completed the semi-annual re-determination of its reserve-based lending facility with a borrowing base remaining in excess of the RBL's $1.35 billion facility size, reflecting the quality and resilience of the assets that underpin the [...]
Kosmos Energy announced today that its wholly-owned subsidiary, Kosmos Energy Gulf of Mexico Operations, LLC , has entered into a senior secured term loan facility with Shell Trading Company , with funding anticipated on October 1, 2025. The Term Facility provides up to $250 million to be used for the repayment of the Company's outstanding unsecured notes. The Term Facility is structured in two tranches, with the first [...]
Kosmos Energy Ltd. announced today its financial and operating results for the second quarter of 2025. For the quarter, the Company generated a net loss of $88 million, or $0.18 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss of $93 million, or $0.19 per diluted share for the second quarter of 2025. SECOND QUARTER 2025 HIGHLIGHTS Net [...]
Kosmos Energy announced today the following schedule for its second quarter 2025 results: Earnings Release: Monday, August 4, 2025, pre-UK market open via Business Wire, Regulatory News Service, and the Company's website at www.kosmosenergy.com. Conference Call: Monday, August 4, 2025, at 11:00 a.m. ET. The call will be available via telephone and webcast. Dial-in telephone numbers: Toll Free: 1-877-407-0784 [...]
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