In 2011, Kosmos celebrated our IPO, with shares trading on the NYSE under the KOS symbol.
Kosmos' position offshore Mauritania is a significant extension of the Company's core geologic concept, the Upper Cretaceous stratigraphic play system, which Kosmos unlocked in the Tano Basin offshore Ghana. The Company's Mauritania position, in the northwestern part of Africa, is in the proven offshore Mauritania salt basin, where multiple oil and gas discoveries have been made and oil production currently exists.
Kosmos has signed three production sharing contracts over blocks C8, C12, and C13, a contiguous area of approximately 6.6 million gross acres. The Company is currently acquiring 2D seismic over the entirety of the blocks and anticipates commencing a large 3D acquisition in the middle part of 2013. First drilling could take place as early as 2014-2015.