Block 42
Size: 6,176 km2 (1.5 million acres)
Water depth: 1,800-2,700 meters (approximately 5,900-8,850 feet)
Contract: production sharing contract
Working interest: 100%
Operator: Kosmos Energy
BLOCK 45
Size: 5,126 km2 (1.3 million acres)
Water depth: 200-2,000 meters (approximately 650-6,550 feet)
Contract: production sharing contract
Working interest: 100%
Operator: Kosmos Energy
Blocks 42 and 45 are located in the Guyana - Suriname Basin, offshore Suriname. The area is relatively underexplored with a variety of exploration plays, including Kosmos’ core Upper Cretaceous play. The addition of the acreage is a significant expansion of the Company’s exploration portfolio and represents Kosmos’ first acreage acquisition outside of West Africa.
In a recently-proven area, neither of the blocks has previously been drilled. Kosmos plans to acquire 3D seismic data during the initial exploration phase, with first drilling as early as 2014.
