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Our strategy is evolving to maintain competitive advantage over companies seeking to replicate our success. It is taking us into new geographies to pursue different exploration themes in support of building a portfolio which exposes Kosmos to multiple high-impact drilling opportunities over the next several years. Our continued success is driven by a clear, focused strategy, executed with deliberation, discipline and diligence, by best-in-class people and processes.

Suriname

Kosmos completed a significant 3D seismic survey offshore Suriname in 2012 and executed an agreement with Chevron to join Kosmos’ exploration efforts on this deepwater position.

Morocco

More than 9,000 square kilometers of 3D seismic data is being processed and interpreted to identify exploration play types and prospects for drilling. In 2012, Kosmos expanded its position in the Agadir Basin by acquiring additional interest in the Essaouira and Foum Assaka Blocks.

Mauritania

Kosmos expanded its leading exploration position in Northwest Africa in 2012, capturing three new deepwater blocks totaling 6.6 million gross acres offshore Mauritania. Acquisition of 2D and 3D seismic data in this proven petroleum system is planned for 2013.

Ghana

The Company estimates 2013 average daily production to be approximately 50 percent higher than the 2012 average.

Year-end 2013 field production is planned to be over 120,000 barrels of oil per day.

Cameroon

Following extensive seismic interpretation, environmental planning and stakeholder engagement, Kosmos is pursuing substantial hydrocarbon potential with its first operated well onshore Cameroon in the proven Rio del Rey petroleum system in 2013.