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Kosmos Energy Ltd. First Quarter 2023 Results

Kosmos Energy Ltd. First Quarter 2023 Results

Kosmos Energy Ltd. announced first quarter 2023 results. Highlights Net Production(2): ~58,800 barrels of oil equivalent per day (boepd), with sales of ~61,100 boepd Revenues: $394 million, or…

Kosmos Energy Second Quarter 2022 Results

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…

Tullow Oil, Capricorn to Merge in All-Stock Deal Worth ~$830 Million; Create New Co.

Premium content Tullow Oil, Capricorn to Merge in All-Stock Deal Worth ~$830 Million; Create New Co.

Tullow Oil and Capricorn Energy (formerly Cairn Energy) have agreed to merge, creating a new Africa-focused E&P. Based on stock prices, the all-stock deal is worth ~$830 million.…

Kosmos Energy Third Quarter 2021 Results

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…

Eni Touts 'Major Discovery' Offshore Ivory Coast

Eni Touts 'Major Discovery' Offshore Ivory Coast

Eni announced a major oil discovery in block CI-101 offshore Ivory Coast. The potential of the discovery can be preliminarily estimated at between 1.5 and 2.0 billion barrels…

Marathon Oil Cuts Spending 14% for 2021; 190 Wells TIL, Oil Production Flat

Marathon Oil Cuts Spending 14% for 2021; 190 Wells TIL, Oil Production Flat

Marathon Oil Corp. reported its Q4 and full year 2020 results, as well as its 2021 capital budget. 2021 Plan - 2021 Capex: $1.0 billion - down 14%…

Kosmos Energy Fourth Quarter, Full Year 2020 Results; 2021 Budget

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…

VAALCO Ups Ante in Sasol's Gabon Assets; Inks $44MM WI Deal

Premium content VAALCO Ups Ante in Sasol's Gabon Assets; Inks $44MM WI Deal

VAALCO Energy, Inc. has agreed to acquire Sasol Gabon SA's working interest in two offshore Gabon projects for $44 million in cash. The sale includes: a 27.8% working…

Kosmos Energy Third Quarter 2020 Results

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…

Kosmos Borrowing Base Cut by $130MM to $1.32B

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…

West Africa Rig Data: August 11, 2026

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