Howard Weil 2013 Energy Conference March 2013 BRAD WHITMARSH Investor Relations 214.445.9772 bwhitmarshkosmosenergy.com
Compelling Value Proposition Asymmetric risk / reward opportunity World-Class Assets in Ghana Significant, de-risked and visible production and cash flow growth Long-term production plateau with potential further increases at Jubilee…
Proven and Disciplined Business Strategy Focus on high-volume, high- value petroleum systems Investor Presentation March 2013 3
High Quality, Oil-Levered Portfolio Meaningful production growth with transformational upside Ghana Asset - Tano Basin Petroleum System West Africa Transform Margin Cretaceous play Significant long-term production and de- risked…
Ghana - Tano Basin Petroleum System Foundation of the Company and platform for future growth World-class Jubilee Field Producing approximately 110 MBpd, gross Outstanding reservoir performance Long-life production plateau…
Jubilee Field World-class find and landmark development Discovery Mid-2007, First Oil Late 2010 Strong Reservoir and Field Performance 600 MMBbl +, dependent on ultimate recovery Successful acid stimulation program enhanced Phase…
Greater Jubilee Area Potential Substantial long-term production and cash flow to Kosmos Multi-year Production Plateau Anticipated Long-life profile supported by additional development at Jubilee and MTA resources Focus on…
Second Major Offshore Project Defined production growth at Greater TEN area FPSO Plan of Development Submitted Pmean 360 MMBoe for TEN fields with approximately 70% oil Targeted Initial Base Production of 80 MBpd, Gross Flexible…
Opening the Next Major Petroleum System Expanding and optimizing portfolio of opportunities Substantial Increase Since IPO 2X increase in gross acreage First mover into NW Africa pre-salt (Morocco) New entry into NE Latin America…
Rio Del Rey Petroleum System Near-term drilling opportunity with upside Extension of a Proven Offshore Play Toe-thrust anticline prospect Proven oil shows in nearby location Sipo-1 Prospect Drilling operations ongoing A 150 MMBoe…
NW Africa Petroleum Systems Morocco overlooked frontier opportunity with meaningful potential Two High-potential Petroleum Systems Offshore Agadir and Aaiun Basins Equivalent to over 2,300 GOM blocks Aggressively Advancing Plans…
Offshore Agadir Basin Petroleum System First mover in NW Africa pre-salt play Only Undrilled Salt Basin in South Atlantic Margin All petroleum system elements present Play diversity and prospect dependency Quickly advancing seismic…
Offshore Mauritania Petroleum System Mauritania core geologic theme in same geography Upper Cretaceous Play Concept Second-cycle exploration opportunity Untested position down-dip in a proven basin Significant industry…
Suriname Guyana Petroleum System Suriname expansion of core geologic theme across the Atlantic Premier Position in Proven Basin Tambaredjo oil field charged by deepwater Cretaceous kitchen Attracted Chevron as industry partner…
Exploration Drilling Calendar Rifle-shot exploration - multiple petroleum system tests annually Investor Presentation March 2013 15
Robust Financial Capacity Fully funded to execute forward exploration and development Conservative Capital Structure with Liquidity(1) Of 1.1 Billion at YE 2012 Substantial Annual Cash Flows from Jubilee Anticipated sales of nine…
Differentiated Investment Opportunity Asymmetric risk / reward opportunity World-Class Ghana Assets Underpin Substantial Value Significant, de-risked production and cash flow growth Long-term production plateau at Jubilee…