Agadir Basin
Location: northwest Africa, Atlantic Ocean, offshore the northern province of the Kingdom of Morocco and northeast of the Canary Islands
Essaouira Block
Size: 11,436 km2 (2.9 million acres)
Water depth: 50-2,400 meters (approximately 165-7,870 feet)
Contract: petroleum agreement
Working interest: 37.5%
Operator: Kosmos Energy
Partners: Canamens Energy Morocco SARL, 37.5% participating interest; Office National des Hydrocarbures et des Mines (ONHYM), 25% participating interest carried through exploration
TARHAZOUTE block
Size: 7,752 km2 (1.9 million acres)
Water depth: 1,000-2,500 meters (approximately 3,280-8,200 feet)
Contract: reconnaissance contract
Working interest: 100%
Operator: Kosmos Energy
Foum Assaka Block
Size: 6,478 km2 (1.6 million acres)
Water depth: 300-2,100 meters (approximately 985-6,890 feet)
Contract: petroleum agreement
Working interest: 37.5%
Operator: Kosmos Energy
Partners: Pathfinder Hydrocarbon Ventures Limited, 37.5% participating interest; Office National des Hydrocarbures et des Mines (ONHYM), 25% participating interest carried through exploration
The Essaouira, Tarhazoute, and Foum Assaka blocks are located in the Agadir Basin, an underexplored salt basin with a variety of exploration plays, including Kosmos' core play in the late Cretaceous as well as a new pre-salt play. The acreage has a proven source rock, apparent good reservoir potential and abundant structuring. A 5,000 square kilometer 3D seismic acquisition is underway on the Company's acreage. Potential drilling is currently targeted for the 2013 timeframe.
Cap Boujdour Block
Location: northwest Africa’s Aaiun Basin, Atlantic Ocean, offshore the southern province of the Kingdom of Morocco and south of the Canary Islands
Size: 29,741 km2 (7.3 million acres)
Water depth: 0-3,000 meters (approximately 0-10,000 feet)
Contract: petroleum agreement and association contract
Working interest: 75%
Operator: Kosmos Energy
Partners: Office National des Hydrocarbures et des Mines (ONHYM) with a 25% participating interest carried through exploration
The Cap Boujdour Offshore Block is located in the Aaiun Basin, one of the remaining frontier exploration provinces offshore West Africa. The basin includes an unexplored Jurassic-to-recent-passive margin with a lower Cretaceous delta similar in size to the present-day Niger Delta. Older wells have demonstrated evidence of a working petroleum system and the presence of good reservoirs. Extensive 2D seismic data has defined significant prospectivity, including many large structural traps. Kosmos has identified and prioritized the block’s major prospective regions. The company acquired additional 2D seismic data over these prospects, followed by the acquisition of a 2,000 km2 3D survey in early 2009. Kosmos is continuing an integrated evaluation of the block.