Second Quarter 2025 Results August 4, 2025 NYSE/LSE: KOS 1 Strictly Private and Confidential
Agenda Unchanged: Prioritizing Cash Generation Production approaching record highs, costs fallingfocused on cash generation and balance sheet resilience Increasing Lowering Enhancing Balance Production Costs Sheet Resilience GTA…
2Q Operational Progress 2Q net production of 63,500 boepd Mauritania & Senegal Ghana Gulf of America Equatorial Guinea 2Q Net Production 2Q Net Production 2Q Net Production 2Q Net Production 7,100boepd 29,100boepd 19,600boepd…
GTA Phase 1 Production rising, targeting near term opex reductions Ramping up production Cost reduction ongoing Future in Focus Fully operational with 6.5 gross LNG Startup and commissioning operating costs GTA Phase 1+: Low-cost,…
Ghana Delivering Jubilees Full Potential through high facility uptime, sustained water injection, consistent drilling and application of latest technologies 1H24 1H25 2026+ End of 3-year drilling campaign Successful FPSO shut down /…
Ghana Delivering Jubilees Full Potential consistent drilling informed by latest technologies New data and new technology expected to drive higher recovery 2017 Narrow Azimuth 4D NAZ seismic shot 1Q25: New data with modern processing…
Gulf of America Operations on trackprogressing discovered resource into projects Winterfell (Miocene) Gulf of America Winterfell-4 successfully drilled and completion ongoing Expected online end-3Q25 Expected to add 1,000 boepd net…
2Q 2025 Financials 1Q25A 2Q25A QoQ Drivers Higher GoA production / GTA ramp Net Production 60,500boe/day 63,500boe/day up offsetting lower Jubilee and EG production Realized Price1 64.9/boe 60.6/boe Lower commodity prices 2025…
Creating Long-Term Value through progressing high-quality production and development opportunities across the portfolio Phase 1 online with costs reducing Mauritania & Phase 1+ expected to double gas production through low-cost…
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