Kosmos Energy Ltd.

Kosmos Energy (NYSE: KOS) announced today a major gas discovery offshore Senegal. Yakaar-1 is the first well in a series of four independent tests of the basin floor fan fairways, outboard of the proven slope channel trend opened with the Tortue-1 discovery. Located in the Cayar Offshore Profond block approximately 95 kilometers northwest of Dakar in nearly 2,550 meters of water, the well has been drilled to a total depth [...]

Kosmos Energy (NYSE: KOS) announced today the following schedule for its first quarter 2017 results: Earnings Release: Monday, May 8, 2017, pre-market via Business Wire and the Company’s website at www.kosmosenergy.com. Conference Call: Monday, May 8, 2017, at 11:00 a.m. EDT. The call will be available via telephone and webcast. Dial-in telephone numbers: U.S. / Canada [...]

Kosmos Energy (NYSE: KOS) announced today that it has begun the second phase of its multi-well exploration drilling program offshore Mauritania and Senegal. The Atwood Achiever drillship is now on location offshore Senegal in the Cayar Offshore Profond block and has started drilling operations on the first exploration well in the program targeting the Yakaar prospect (formerly referred to as Teranga West). The Yakaar [...]

Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today financial and operating results for the fourth quarter of 2016. For the fourth quarter of 2016, the Company generated a net loss of $56.7 million, or $0.15 per diluted share as compared to net income of $24.0 million or $0.06 per share in the same period last year. When adjusted for certain items that impact the comparability of results, the Company [...]

Kosmos Energy (NYSE: KOS) announced today that it has received government approval and completed its previously announced transaction with BP in Senegal. Under the terms of the deal, BP acquired a 49.99 percent interest in Kosmos BP Senegal Limited, our controlled affiliate company which holds a 65 percent participating interest in the Cayar Offshore Profond and the Saint Louis Offshore Profond blocks offshore Senegal [...]

Kosmos Energy (NYSE: KOS) announced today the following schedule for its fourth quarter 2016 results: Earnings Release: Monday, February 27, 2017, pre-market via Business Wire and the Company’s website at www.kosmosenergy.com. Conference Call: Monday, February 27, 2017, at 11:00 a.m. EST. The call will be available via telephone and webcast. Dial-in telephone numbers: U.S. / Canada [...]

Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today the pricing of a previously announced underwritten public offering of 30,000,000 of its common shares (the “Offering”), all of which were offered by funds affiliated with Warburg Pincus LLC and The Blackstone Group L.P., respectively (the “Selling Shareholders”). The price to the public was $6.65 per share. The Offering is [...]

Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today that funds affiliated with Warburg Pincus LLC and The Blackstone Group L.P., respectively (the “Selling Shareholders”), have agreed to sell an aggregate of 30,000,000 of Kosmos’s common shares in a registered underwritten public offering (the “Offering”). Kosmos will not receive any of the proceeds from the sale of the [...]

Kosmos Energy (NYSE: KOS) will host a conference call with accompanying slides to provide additional information about the Mauritania and Senegal farm-out transaction and partnership with BP (LSE:BP) announced on December 19, 2016. The conference call will take place on January 4, 2017 at 10 a.m. EST. The call will be available via telephone and webcast and slides will be available on the Investors page of Kosmos&rsquo [...]

Kosmos Energy (NYSE:KOS) announced today that it has entered into a partnership with BP (LSE:BP) in Mauritania and Senegal that combines Kosmos’ exploration expertise with BP’s deepwater development, and LNG production and marketing experience. Under the terms of the agreement, BP will assume named operatorship and acquire a 62 percent working interest in Kosmos’ licenses covering blocks C6, C8, C12, and [...]