Kosmos Energy announced today that it has completed drilling the Resolution exploration well in the U.S. Gulf of Mexico. Resolution was designed to test an amplitude-supported sub-salt prospect in the underexplored western Garden Banks area. The well encountered reservoir quality sands; however, the primary exploration objective proved to be water bearing. The well will now be plugged and abandoned and the well results [...]
Kosmos Energy announced today that Ms. Lisa Davis has joined its Board of Directors, effective yesterday, November 6, 2019. Ms. Davis is a senior executive with more than 30 years of extensive experience in oil, gas, power generation, renewable energy, and manufacturing. Ms. Davis currently serves as a Member of the Managing Board of Siemens AG and a member of the Board of Directors of Siemens Gamesa Renewable Energy SA [...]
Kosmos Energy Ltd. announced today the financial and operating results for the third quarter of 2019. For the quarter, the Company generated net income of $16 million, or $0.04 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated adjusted net income of $17 million or $0.04 per diluted share for the third quarter of 2019. “Kosmos continued to build [...]
Kosmos Energy announced that its Board of Directors has declared a quarterly cash dividend of $0.0452 per common share payable on December 23, 2019, to the stockholders of record at the close of business on December 2, 2019. Holders of common shares on the New York Stock Exchange will be paid in U.S. dollars, and holders of common shares through depositary interests on the London Stock Exchange will be paid in British [...]
Kosmos Energy announced today that the Orca-1 exploration well has made a major gas discovery offshore Mauritania in the BirAllah area. The results continue the 100 percent success rate from nine wells targeting the inboard gas trend in Mauritania/Senegal. The Orca-1 well, which targeted a previously untested Albian play, exceeded pre-drill expectations encountering 36 meters of net gas pay in excellent quality [...]
Kosmos Energy announced today the following schedule for its third quarter 2019 results: Earnings Release: Monday, November 4, 2019, pre-UK market open via Business Wire, Regulatory News Service, and the Company’s website at www.kosmosenergy.com. Conference Call: Monday, November 4, 2019 at 11:00 a.m. EST. The call will be available via telephone and webcast. Dial-in telephone numbers: Toll Free: 1-877-407-3982 [...]
Kosmos Energy announced today that the Yakaar-2 appraisal well has encountered approximately 30 meters of net gas pay in similar high-quality Cenomanian reservoir to the Yakaar-1 exploration well, continuing the 100 percent success rate of wells targeting the inboard Mauritania/Senegal gas trend. Yakaar-2 was drilled approximately nine kilometers from Yakaar-1 and proved up the southern extension of the field. The results [...]
Kosmos Energy Ltd. announced today the financial and operating results for the second quarter of 2019. For the quarter, the Company generated net income of $17 million, or $0.04 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated adjusted net income of $22 million or $0.05 per diluted share for the second quarter of 2019. "Kosmos has continued to make good [...]
Kosmos Energy announced that its Board of Directors has declared a quarterly cash dividend of $0.0452 per common share payable on September 26, 2019, to the stockholders of record at the close of business on September 5, 2019. Holders of common shares on the New York Stock Exchange will be paid in U.S. dollars, and holders of common shares through depositary interests on the London Stock Exchange will be paid in British [...]
Kosmos Energy announced today that Mr. Steven Sterin has joined its Board of Directors, effective as of July 18, 2019. Mr. Sterin is a senior executive with more than 25 years of extensive oil and gas, manufacturing, and financial experience. Mr. Sterin currently serves on the Board of Directors of DuPont de Nemours, Inc. and is the Chair of its Audit Committee and a member of its Environment, Health, Safety and [...]
Kosmos Energy announced today the following schedule for its second quarter 2019 results: Earnings Release: Monday, August 5, 2019, pre-UK market open via Business Wire, Regulatory News Service, and the Company’s website at www.kosmosenergy.com. Conference Call: Monday, August 5, 2019 at 11:00 a.m. EDT. The call will be available via telephone and webcast. Dial-in telephone numbers: Toll Free: 1-877-407-3982 [...]
Kosmos Energy Ltd. announced today that the Greater Tortue Ahmeyim-1 well , drilled on the eastern anticline within the unit development area of Greater Tortue, has encountered approximately 30 meters of net gas pay in high-quality Albian reservoir. The Greater Tortue Ahmeyim LNG project is on track to deliver first gas in the first half of 2022, and the well will be used to further optimize the development drilling plans [...]
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