Global Energy Conference Bank of America Merrill Lynch November 2013 W. GREG DUNLEVY Executive Vice President and Chief Financial Officer
A Self-funded Explorer World-class, de-risked Jubilee field organically funds ongoing development and transformational exploration program Jubilee Production Long-life production plateau and significant production / reserve growth…
Executing the Second Inning Kosmos poised to create substantial value Global Energy Conference November 2013 4
Jubilee Field Capacity Overview Working to determine optimum oil off-take rate from the field Pre-turnaround YE 2013E Global Energy Conference November 2013 5
TEN Development Project Second major deepwater oil development project in Ghana TEN Plan of Development (PoD) approved Development of three discovery areas P50 Case 250 MMBO Second FPSO-based development in Ghana Additional gas…
Top Quartile Explorer Disciplined strategy allows us to operate efficiently and with high success First Inning results Emerging / frontier basin petroleum system success rate was 1 in 5 in initial portfolio Exploration strategy and…
Transformational Exploration Portfolio Opportunity through execution discipline and focus expansion Global Energy Conference November 2013 8
Super Major Scale Portfolio Maturation of opportunities to the drilling stage Significant exploration upside Total gross recoverable resource Pmean of 30 BBoe un-risked (5 BBoe risked) Substantial follow-on potential Select…
Exploration Drilling Calendar Plan to drill two to four petroleum systems per year Rig capacity secured Capable of drilling entire portfolio Atwood Achiever drillship Finalizing rig of opportunity Atwood Achiever New-build 6th…
Fully-Funded Financial Strategy Current financial strength of Kosmos is the best in our history Kosmos is in the best liquidity position it has been in, with total liquidity forecasted to be 1 billion at year-end Stable free cash flow…
Capital Expenditures Outlook 2014 program is focused on continuing to develop Ghana as well as advancing our high impact drilling program Ghana capital expenditures centered on Greater Jubilee and TEN Morocco capital expenditures…
Key Messages Forging ahead Delivered our Ghana development / production asset Highly visible near-term and long-term reserves, production, and cash flow growth Focused on Second Inning exploration Differentiated strategy and…