Further to the announcements made by Tullow Oil Plc and Kosmos Energy Ltd. in relation to very preliminary discussions about Kosmos' possible offer for Tullow, Kosmos now confirms that it does not intend to make a firm offer for Tullow at this time and is consequently bound by the restrictions under Rule 2.8 of the Code, save in the circumstances set out below. This is a statement to which Rule 2.8 of the Code applies. As [...]
Kosmos Energy Ltd. notes today's announcement by Tullow Oil Plc regarding a potential transaction involving Tullow and Kosmos and confirms that it is in very preliminary discussions with Tullow regarding a possible all-share offer by Kosmos for Tullow. There can be no certainty that any offer will be made, nor as to the terms on which any offer might be made. Pursuant to Rule 2.5 of the Code, Kosmos reserves the right to [...]
Kosmos Energy Ltd. announced today its financial and operating results for the third quarter of 2024. For the quarter, the Company generated a net income of $45 million, or $0.09 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net income of $38 million, or $0.08 per diluted share for the third quarter of 2024. THIRD QUARTER 2024 HIGHLIGHTS Net [...]
Kosmos Energy announced today the following schedule for its third quarter 2024 results: Earnings Release: Monday, November 4, 2024, pre-UK market open via Business Wire, Regulatory News Service, and the Company's website at www.kosmosenergy.com. Conference Call: Monday, November 4, 2024, 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 Ltd. announced the early tender results of its previously announced series of tender offers to purchase for cash up to $400,000,000 aggregate principal amount of the Offeror's outstanding 7.125% Senior Notes due 2026 and up to $100,000,000 aggregate principal amount of the Offeror's outstanding 7.750% Senior Notes due 2027 and its 7.500% Senior Notes due 2028, subject, in the case of the 2027 Notes, to an [...]
Kosmos Energy Ltd. announced today the pricing of $500 million aggregate principal amount of its 8.750% senior notes due 2031. The offering is expected to close on September 24, 2024, subject to customary closing conditions. Kosmos intends to use the net proceeds from the offering, together with cash on hand, to fund the tender offers for a portion of its 7.125% Senior Notes due 2026, 7.750% Senior Notes due 2027 and [...]
Kosmos Energy Ltd. announced today that, subject to market conditions, it intends to offer $500 million aggregate principal amount of senior notes due 2031. Kosmos intends to use the net proceeds from the offering, together with cash on hand, to fund the tender offers for a portion of its 7.125% Senior Notes due 2026, 7.750% Senior Notes due 2027 and 7.500% Senior Notes due 2028 announced today and to pay any related [...]
Kosmos Energy Ltd. announces the launch of its offers to purchase for cash up to $400,000,000 aggregate principal amount of the Offeror's outstanding 7.125% Senior Notes due 2026 and up to $100,000,000 aggregate principal amount of the Offeror's outstanding 7.750% Senior Notes due 2027 and its 7.500% Senior Notes due 2028 , subject, in the case of the 2027 Notes, to the 2027 Notes Sub-Cap as further detailed below. The [...]
Kosmos Energy Ltd. announced today its financial and operating results for the second quarter of 2024. For the quarter, the Company generated a net income of $60 million, or $0.12 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net income of $80 million, or $0.17 per diluted share for the second quarter of 2024. SECOND QUARTER 2024 HIGHLIGHTS [...]
Kosmos Energy announced today the following schedule for its second quarter 2024 results: Earnings Release: Monday, August 5, 2024, pre-UK market open via Business Wire, Regulatory News Service, and the Company's website at www.kosmosenergy.com. Conference Call: Monday, August 5, 2024, 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 Ltd. announced today the successful start-up of oil production at the Winterfell development in the Green Canyon area of the U.S. Gulf of Mexico. Winterfell is a phased development with the initial two production wells of the first phase now online and ramping up production. A third well is currently being drilled and is expected to be online by the end of the third quarter of 2024. The three initial wells [...]
Kosmos Energy Ltd. announced today its financial and operating results for the first quarter of 2024. For the quarter, the Company generated a net income of $92 million, or $0.19 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net income of $99 million, or $0.21 per diluted share for the first quarter of 2024. FIRST QUARTER 2024 HIGHLIGHTS Net [...]
+53,93 %
-28,57 %
