KOSMOS ENERGY LTD. CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) Years Ended December 31, 2017 2016 2015 Revenues and other income: Oil and gas revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 578,139 $ 310,377 $ 446,696 Gain on sale of assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — 24,651 Other income, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58,697 74,978 209 Total revenues and other income . . . . . . . . . . . . . . . . . . . . . . 636,836 385,355 471,556 Costs and expenses: Oil and gas production . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 126,850 119,367 105,336 Facilities insurance modifications, net . . . . . . . . . . . . . . . . . . . . (820) 14,961 — Exploration expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 216,050 202,280 156,203 General and administrative . . . . . . . . . . . . . . . . . . . . . . . . . . . . 68,302 87,623 136,809 Depletion and depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . 255,203 140,404 155,966 Interest and other financing costs, net . . . . . . . . . . . . . . . . . . . . 77,595 44,147 37,209 Derivatives, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59,968 48,021 (210,649) Loss on equity method investments, net . . . . . . . . . . . . . . . . . . 6,252 — — Other expenses, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,291 23,116 5,246 Total costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . 814,691 679,919 386,120 Income (loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . (177,855) (294,564) 85,436 Income tax expense (benefit) . . . . . . . . . . . . . . . . . . . . . . . . . . 44,937 (10,784) 155,272 Net loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $(222,792) $(283,780) $ (69,836) Net loss per share: Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ (0.57) $ (0.74) $ (0.18) Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ (0.57) $ (0.74) $ (0.18) Weighted average number of shares used to compute net loss per share: Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 388,375 385,402 382,610 Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 388,375 385,402 382,610 See accompanying notes. 108