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COUNTRY SPOTLIGHT GHANA In 2014 the Jubilee field produced approximately 102000 barrels of oil per day. The operational focus in Ghana remains centered on gradually increasing production to the maximum capacity of the FPSO while also protecting the reservoir for the long- term and maintaining the highest possible safety and environmental performance. We believe prospects for the petroleum sector in Ghana remain strong. The Tweneboa Enyenra and Ntomme TEN project the second major oil development in Ghana is on track to deliver first oil in the second half of 2016. The project is now more than 50 percent complete with all 10 of the wells expected to be online at first oil already drilled. The appraisal of the Mahogany Teak and Akasa MTA discoveries within the Greater Jubilee area was completed at year-end 2014 as scheduled. A Declaration of Commerciality was made at the end of March 2015 and we expect to submit a development plan for the Greater Jubilee area incorporating both Jubilee and MTA to the Government of Ghana later this year. MANAGING OUR FOOTPRINT Tullow Oil remains the operator of the Jubilee field and thus oversees daily operations related to oil and gas production. It is responsible for much GHANA GhanaistheonlycountrywhereKosmosproducesoilandgas.KosmosanditspartnersincludingtheoperatorTullowOil discoveredtheJubileefieldin2007andspent42monthsdrillingappraisalanddevelopmentwellsandleadinganintegrated projectteamtoinstalltheKwameNkrumahFloatingProductionStorageandOffloadingFPSOvesselandbuildtheneces- sarysubseainfrastructurebeforeproductionbeganinlate2010.AlthoughKosmosdoesnotoverseeday-to-dayoperationsof theJubileefieldthatistheresponsibilityofthefieldoperatorwetakeanactiveroleintechnicaldecisionsstakeholder engagementsocialinvestmentsandotheractivitiestoensurethatJubileeoilandgasproductionbenefitsthecountry. 102000 average bpd 12