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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

BP, Kosmos in $1 Billion West Africa Project

BP Plc Kosmos Energy
AnnouncedDec 19, 2016
TypeWorking Interest
LocationWest Africa
Announced Date
December 19,2016
Effective Date
July 01,2016
Close Date
February 23,2017
Transaction Type
Working Interest
Enterprise Value (EV)($MM)
916




Snapshot
Asset/Basin:
{"Mauritania Senegal Basin"}
Location
Region
Africa - West Africa

Country
Senegal

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Transaction Details:  Require Private Equity Subscription

Closing Announcement - February 23, 2017

Kosmos 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.

Initial Announcement - December 19, 2016

Kosmos Energy has entered into a partnership with BP in Mauritania and Senegal.

Under the terms of the agreement, BP will assume named…



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