
Kosmos places a big emphasis on exploration, and on the value exploration success produces for our stakeholders. We believe sustained exploration success with the drillbit, from the ground up, is the best way to create significant value for our shareholders.
Our exploration vision is focused on conceiving and discovering new petroleum systems of significant size, repeatedly. And once we deliver a new petroleum system, we enhance the value of these discovered systems by growing and maturing them through follow-on exploration success, development and production.
Our exploration commitment is significant and we are building a portfolio with substantial resource potential for the Company. Our exploration and appraisal investments in 2013 comprise 50 percent of our total organic capital program for the year. Our captured oil and gas exploration portfolio includes opportunities offshore Ireland, Morocco, Mauritania, and Suriname, and onshore Cameroon. In addition, we are pursuing new venture opportunities in other areas.
Our commitment to exploration has led to repeated positive results. The most dramatic thus far has been the Jubilee Oil Field discovery offshore Ghana in 2007. This massive find unlocked a new hydrocarbon province for development, the Tano Basin. It is a province in which we have had ongoing exploration success, with multiple additional discoveries.