First Quarter 2025 Results May 6, 2025 NYSE/LSE: KOS 1 Strictly Private and Confidential
Focus Unchanged Prioritizing Cash Generation Continued focus on delivery in a volatile market Maintain Resilience Increase Production Lower Costs of Balance Sheet GTA: First cargo announced in Rigorous focus on cost Important…
Mauritania & Senegal Export commenced, GTA production ramping up, working closely with the operator to materially reduce costs GTA Production Hub Focus Now Turns to and Increasing Fully Operational Reducing Costs.. Production All…
Ghana Significant operational progress in 1Q with drilling activity expected to resume this month Jubilee FPSO Shutdown Complete Enhanced Recovery: Better Data And Better Tools 4D seismic survey completed being processed with…
Gulf of America / Equatorial Guinea Steady production: Highly cash generative, low breakeven assets Gulf of America Equatorial Guinea Gulf of America Equatorial Guinea 1Q25 Net Production: 17,200 boepd 1Q25 Net Production: 9,000…
1Q 2025 Financials 1Q24A 1Q25A Heavy scheduled maintenance Net Production 66,700boe/day 60,500boe/day period in 1Q25 and minimal contribution from GTA Realized Price1 73.0/boe 64.9/boe Lower YoY commodity prices Shutdown and…
Financial Resilience Actions taken in 2024 position the company to better withstand current market volatility Active Management Minimal Near-Term Maturities1 Resilient Reserve Based Lending Facility Successful RBL redetermination in…
Focus On Cash Generation And Cost Discipline Unchanged Rising production expected through GTA ramp up and Jubilee / GoA drilling Prioritizing cash generation through cost and capital discipline Low asset-level breakeven…
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