Portugal - Oil and Gas Exploration

Opportunities in the Deep Water Peniche Basin

In August 2014, Kosmos acquired a 31 percent non-operated interest in the Ameijoa, Camarão, Mexilhão, and Ostra offshore blocks in Portugal’s unexplored deep water Peniche Basin.

Entering Portugal gives us an opportunity to use our unique understanding of Cretaceous plays in a new geography where no exploration has yet taken place and which is conjugate to the proven basins offshore Eastern Canada. This is consistent with our strategy of exploring the North Atlantic Margin with South Atlantic Margin ideas.

Key Stats

Ameijoa

License Acquired:
2014
Participating Interest:
31.0%, non-operated
Location:
Southern Europe, Atlantic Ocean

Camarão

License Acquired:
2014
Participating Interest:
31.0%, non-operated
Location:
Southern Europe, Atlantic Ocean

Mexilhão

License Acquired:
2014
Participating Interest:
31.0%, non-operated
Location:
Southern Europe, Atlantic Ocean

Ostra

License Acquired:
2014
Participating Interest:
31.0%, non-operated
Location:
Southern Europe, Atlantic Ocean
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