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Kosmos Energy
66 articles mentioning Kosmos Energy · Page 1 of 4
Kosmos Energy Second Quarter 2022 Results
Kosmos Energy Ltd. reported its financial and operating results for the second quarter of 2022. For the quarter, the Company generated a net income of $117 million, or $0.25 per diluted share. When adjusted for certain...
Kosmos Energy First Quarter 2022 Results
Kosmos Energy Ltd. reported its financial and operating results for the first quarter of 2022. For the quarter, the Company generated a net income of $1 million, or $0.00 per diluted share. When adjusted for certain...
Kosmos Strikes Oil at Winterfell Appraisal Well; 100 MMBO Gross Estimate
Kosmos Energy reported the completion of the drilling of the Winterfell-2 appraisal well on Block 943 in the Green Canyon area of the U.S. Gulf of Mexico. The Winterfell-2 well (Kosmos working interest ~16.4%), was drilled...
Kosmos Energy Third Quarter 2021 Results
Kosmos Energy Ltd. reported its financial and operating results for the third quarter of 2021. For the quarter, the Company generated a net loss of $29 million, or $0.07 per diluted share. When adjusted for certain...
Kosmos Energy Second Quarter 2021 Results
Kosmos Energy Ltd. reported its financial and operating results for the second quarter of 2021. For the quarter, the Company generated a net loss of $57 million, or $0.14 per diluted share. When adjusted for certain...
Talos Hits Pay at Tornado 3 Sidetrack Well in GOM; 8-10 MBOEPD Estimate
Talos Energy Inc. provided an update regarding successful drilling operations on the Company's Tornado 3 ("Attic") sidetrack well, which successfully discovered pay in-line with pre-drill expectations. Talos holds a 65.0% working interest in the Tornado field...
Kosmos Energy Details Exec Promotions
Kosmos Energy reported that Tim Nicholson has been promoted to Senior Vice President (SVP) and Head of Exploration, and John Shinol has been promoted to SVP and Chief Geoscientist. About Nicholson & Shinol Tim and John...
Kosmos Energy Fourth Quarter, Full Year 2020 Results; 2021 Budget
Kosmos Energy Ltd. reported its financial and operating results for the fourth quarter of 2020. 2021 Capital Expenditure Budget Kosmos expects to spend approximately $225 to $275 million in 2021, excluding Mauritania and Senegal, around 80%...
Kosmos Touts New GOM Oil Discovery at Winterfell Prospect
Kosmos Energy has reported an oil discovery in the U.S. Gulf of Mexico at the Winterfell infrastructure-led exploration (ILX) well (Kosmos working interest 17.5%). Winterfell was designed to test a sub-salt Upper Miocene prospect located in...
Kosmos Energy Third Quarter 2020 Results
Kosmos Energy Ltd. reported the financial and operating results for the third quarter of 2020. For the quarter, the Company generated a net loss of $37 million, or $0.09 per diluted share. When adjusted for certain...
Kosmos Borrowing Base Cut by $130MM to $1.32B
Kosmos Energy has successfully completed the re-determination of its reserve based lending credit facility. The Company's lending syndicate approved a borrowing base capacity of $1.32 billion, a reduction of $130 million from the previous drawn amount...
Kosmos Energy Second Quarter 2020 Results
Kosmos Energy announced today the financial and operating results for the second quarter of 2020. For the quarter, the Company generated a net loss of $199 million, or $0.49 per diluted share. When adjusted for certain...
Kosmos Energy First Quarter 2020 Results
Kosmos Energy Ltd. reported its Q1 2020 results. For the quarter, the Company generated a net loss of $183 million, or $0.45 per diluted share. When adjusted for certain items that impact the comparability of results,...
Kosmos Trims 2020 Capex by Another $75MM; Borrowing Base Set at $1.5B
Kosmos Energy has successfully completed the re-determination of its reserve based lending credit facility. In addition, the company has identified a further $75 million in cost reductions across capital and operating expenditures and gives an update...
Kosmos Energy's CFO to Retire; Successor Named
Kosmos Energy Ltd. reported that Thomas P. Chambers, who has served as senior vice president and chief financial officer since November 2014, has informed the company that he will retire in May 2020. Mr. Chambers will...
Kosmos, Hess Come Up Empty at GOM Oldfield Prospect
Kosmos Energy has completed drilling the Oldfield exploration well (Kosmos 40%, Hess 60%) in the U.S. Gulf of Mexico. Oldfield was designed to test a sub-salt Miocene prospect located in Mississippi Canyon, targeting approximately 10 mmboe...
Kosmos, BP Come Up Empty at Latest GOM Exploration Well
Kosmos Energy has completed drilling the Resolution exploration well (Kosmos 50%, BP 50%) 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...
Kosmos Adds to Board of Directors
Kosmos Energy reported 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...
Kosmos Hits Discovery at Orca-1 Well Offshore Mauritania; 13 Tcf Potential
Kosmos Energy reported that the Orca-1 exploration well has made a major gas discovery offshore Mauritania in the BirAllah area. The Orca-1 well, which targeted a previously untested Albian play, exceeded pre-drill expectations encountering 36 meters...
Kosmos Touts Results from BP-Operated Yakaar-2 Well Offshore Senegal
Kosmos Energy reported 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. Development of Yakaar-Teranga is expected in a phased approach...