Scotia Howard Weil Energy Conference NYSE: KOS March 2015 Thomas P. Chambers SVP & CFO Strictly Private and Confidential
What Differentiates Kosmos World-Class Production / Development Asset in Ghana Doubling gross production to 200 MBopd in next two years with high quality cash flow Exploration Portfolio with both Scale and Quality Testing 37…
Ghana - World-Class Production / Development Asset Growing reserve base with high margin cash flow 1BBbl gross of high-value barrels 125 Mmbbl produced through YE 2014 Delivered 2014 Goals: Grow Reserves 336% RRR at YE 2014…
Ghana Growth on Track Ghana expected to deliver over 200 MBopd of production (gross) providing continued production and cash flow growth Greater Jubilee (incl. MTA) By YE 2015, testing FPSO capacity (120 MBopd) Production plateau of…
Funding Long-Term Growth Strong balance sheet and high quality cash flow organically funds development and transformational exploration program Jubilee Production Long-life production plateau Significant reserve / production growth…
Transformational Exploration Portfolio Testing Second Inning portfolio with 3-4 petroleum system tests per year Differentiated business model High-volume, high-value barrels Disciplined execution Focus on Geology and Geography…
Creating Value In a Low Price Environment Focus on the lowest portion of the deepwater cost curve creates differentiated value Deepwater exploration can deliver sustained, industry- leading returns In sustained lower price…
Western Sahara Aaiun Basin First well in deepwater provides positive outlook for Aaiun Basin 22,000 km2 position captures entire Cretaceous age delta (950 GOM blocks) Highly underexplored basin 11+ BBoe de-risked potential in…
Mauritania / Senegal Significant acreage position in proven working petroleum system 45,000 km2 contiguous position captures multiple undrilled, Cretaceous age, petroleum systems 8+ BBoe potential in multiple plays / fairways…
Mauritania / Senegal Key Prospects Two high potential prospects with AVO support to be tested in 2015 Tortue Prospect 2.1BBoe Marsouin Prospect 0.3BBoe Cretaceous age fan with AVO support Stacked, Cretaceous age channel with AVO…
Self-Funded Explorer Strength of business model provides a competitive advantage 3 Disciplined financial management Diversified sources of capital YE 2014 Liquidity 1.9 Bn Strategic hedging program + 12MMBbls hedged through…
Investing Through the Cycle 2015 capital program continues strategic focus on Ghana development and high impact exploration Ghana Capex - 500MM Increase driven by additional TEN activity Exploration Capex - 300MM 4 high impact…
What Differentiates Kosmos World-Class Production / Development Asset in Ghana Doubling gross production to 200 MBopd in next two years with high quality cash flow Exploration Portfolio with Scale and Quality Testing 37 BBoe…
Loading...
