2Q 2020 Results August 3 2020 NYSE/LSE: KOS 0 Strictly Private and Confidential
2Q 2020 Highlights Early actions helped Kosmos to navigate a challenging quarter for the sector Kosmos delivered strong operational performance despite challenging 2nd quarter Record low oil prices and unprecedented volatility…
2Q 2020: Solid Operational Performance Safe and reliable operations during 2Q in line with guidance Ghana Equatorial Guinea Gulf of Mexico 2Q net production of 29,000bopd at 2Q net production of 11,000bopd 2Q net production of…
COVID-19 Working with local communities to fight the virus in West Africa Ghana Equatorial Guinea Donated equipment and supplies to the Ghana Health Service, including Along with other industry players, procured and donated test…
Q2 2020: Key Financial Items Strong operational performance impacted by one-time revenue effects Q2 2020A Impact of May GoM Shut ins; Net Production 60,100 boe/day otherwise strong production from 3 producing hubs One-time impact…
Maintain Balance Sheet Healthy liquidity position due to cash discipline and production prepayment agreement Liquidity ( million)1 Liquidity / Prepayment agreement 900 Total liquidity1 at the end of 2Q 2020 of 614 million,…
Mauritania & Senegal: Continued Progress Greater Tortue project advances despite COVID-19 mitigations in Mauritania/Senegal Subsea FPSO FLNG Breakwater 30% complete 40% complete 53% complete 34% complete Major equipment packages…
Return to Exploration High-grading tests for 2021 Proven Basin Infrastructure-led Exploration (ILX) Significant progress made towards maturing and high-grading ILX hopper in proven basins (GoM / EG) Expected free cashflow from 2H…
Conclusion 1 Good underlying performance while navigating a challenging 2Q 2020 Strong quarter operationally Guidance maintained 2 Balance sheet in solid position Reached a free cash flow inflection point at current strip…
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