The West African coast.
 

Africa

Kosmos believes West Africa offers multiple high-quality exploration opportunities. Recent reserve and production growth rates in this prolific area are among the highest in the world. Finding and development costs in the region are extremely competitive.

Kosmos plans to pursue:

Primary exploration plays in frontier, emerging and established basins in deep water.
Secondary exploration of new plays in developing and mature basins in shallow water and onshore.


Kosmos is building its portfolio by capturing acreage positions through new-venture licensing rounds or open applications and farm-ins. Well-known and respected for its technical and commercial expertise in West Africa, the Kosmos team seeks to form partnerships with established industry players and host governments, as well as collaborate with local entrepreneurs.

It is the company’s goal to access a strategic interest in each project and serve as operator if appropriate.

West Africa 1998-2003

High potential – over 14 billion barrels of oil
equivalent found
Sizable fields – up to 780 million barrels of oil; average field
size nearly 120 million barrels of oil
Affordable risk – 1:3 success ratio

 


 
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