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2Q 2022 Earnings Presentation – Kosmos Energy

Kosmos Energy · Aug 9, 2022 · 11 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. 2Q 2022 Earnings Presentation – Kosmos Energy – slide 1
    2Q 2022 Results 8 August 2022 NYSE/LSE: KOS 1
  2. 2Q 2022 Earnings Presentation – Kosmos Energy – slide 2
    2Q22: Strong Execution Delivering on key priorities Production Developments Assets Performing Progressing 62,200 boepd Tortue Phase 1 Upper end Jubilee Southeast of guidance Winterfell Optimizing Value Financial Position of…
  3. 2Q 2022 Earnings Presentation – Kosmos Energy – slide 3
    Production Assets Performing 2Q production of 62,200 boepd the upper end of guidance Ghana Equatorial Guinea Gulf of Mexico 2Q net production 2Q net production 2Q net production 31,600 bopd 10,000 bopd 20,600 boepd Jubilee gross…
  4. 2Q 2022 Earnings Presentation – Kosmos Energy – slide 4
    Developments Progressing Near-term projects progressing expected to deliver 50% production growth by 2024 Phase 1: All key workstreams making progress: over 80% complete at end-2Q Hub Terminal: All 21 caissons installed. Piling…
  5. 2Q 2022 Earnings Presentation – Kosmos Energy – slide 5
    Winterfell Resource base growing. FID approval expected end-3Q Phase 1 Winterfell Area FID expected end-3Q Kosmos 22% working interest Phased development plan Phase 1: 5 wells (3 pre-first oil) Long leads ordered, rig selected…
  6. 2Q 2022 Earnings Presentation – Kosmos Energy – slide 6
    Optimizing The Value Of Our Gas Portfolio Significant upside from future gas developments Tortue Phase 1: Kosmos plans to utilize existing contractual Significant Gas Resource In-Place De-Risked Across 3 Hubs rights under our Phase 1…
  7. 2Q 2022 Earnings Presentation – Kosmos Energy – slide 7
    2Q22: Financial Position Strengthened Continued financial delivery on track to deliver leverage…
  8. 2Q 2022 Earnings Presentation – Kosmos Energy – slide 8
    2Q22 Financials Significant year-over-year improvement 2Q 2022A 2Q 2021A Net Production 62,200 boe/day 51,600 boe/day Realized Price1 86.5/boe 54.0/boe Opex 15.9/boe 19.2/boe DD&A 21.4/boe 25.1/boe G&A2 25 million 22…
  9. 2Q 2022 Earnings Presentation – Kosmos Energy – slide 9
    Solid Progress In 1H On 2022 Objectives 50% Production Growth Expected 2022-24 Producing Assets 140 Performing Developments Progressing Tortue Company production (boepd) Phase 2 Tortue Value of Gas Portfolio 70 50%…
  10. 2Q 2022 Earnings Presentation – Kosmos Energy – slide 10
  11. 2Q 2022 Earnings Presentation – Kosmos Energy – slide 11
    Appendix: FY22 Detailed Guidance 3Q 2022 FY 2022 Production1,2 60,000 63,000 boe/day 63,000 67,000 boe/day Opex 14.00 16.00/boe 16.00 18.00/boe DD&A 21.00 23.00/boe G&A (65% cash) 24 26 million 100 million Exploration…

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