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Andrew G. Inglis Joins Kosmos as Chairman and Chief Executive Officer

  Andrew G. Inglis Joins Kosmos as Chairman and Chief Executive Officer

Kosmos Founding Partner Brian F. Maxted to focus on Chief Exploration Officer
                                     role

Business Wire

DALLAS -- January 13, 2014

The board of directors of Kosmos Energy (NYSE: KOS) announced today that it
has appointed Andrew (Andy) G. Inglis as chairman of the board and chief
executive officer, effective March 1, 2014. Current CEO Brian F. Maxted, a
founding partner of Kosmos, will serve in the role of chief exploration
officer and continue to serve on the board. As previously announced and
simultaneous to Inglis’ appointment, John Kemp III, Kosmos’ current chairman
of the board, will retire from the board of directors and from his consulting
position with the company.

“We are delighted to welcome Andy to Kosmos,” said Brian F. Maxted. “We are
fortunate to have attracted a leader of his caliber, which is testament to the
reputation Kosmos has in our business and the company’s future. His
appointment will enable me to focus my full attention on ensuring delivery of
the company’s exploration strategy.”

“Kosmos represents one of the most exciting opportunities to lead a company in
the E&P industry in terms of the quality of both the development assets and
the exploration portfolio,” said Andy Inglis. “Kosmos’ proven ability to find
and develop hydrocarbons in frontier and emerging basins is strengthened by
its commitment to corporate responsibility. I am honored to join Brian and the
team as chairman and CEO and look forward to creating value for all our
stakeholders. 2014 will be an exciting year for Kosmos as the company starts
to unlock its world-class exploration portfolio with a high-impact drilling
program.”

“The board thanks John for his many contributions and wishes him all the best
in his future endeavors,” said Adebayo O. Ogunlesi, chairman of the board’s
nominating and governance committee. “The board also values Brian Maxted’s
many contributions to Kosmos since its founding and is grateful for his
continued presence on the board and his focus on his critical role as chief
exploration officer.”

Andy Inglis joined Petrofac Ltd in January 2011 having spent 30 years with BP,
most recently as CEO of its exploration and production business. He was an
executive director on the BP board between 2007 and 2010. From 2004 to 2007,
he was BP executive vice president and deputy chief executive of E&P, with
responsibility for BP's growth areas, including Azerbaijan, Angola, Algeria,
Gulf of Mexico, Egypt, Trinidad, and the Asia-Pacific region. He is a former
non-executive director of BAE Systems plc and TNK-BP Ltd. Mr. Inglis holds a
master’s degree in Engineering from Pembroke College, Cambridge University. He
is a Chartered Mechanical Engineer, a Fellow of the Institution of Mechanical
Engineers, and a Fellow of the Royal Academy of Engineering.

Brian F. Maxted has served as chief executive officer since January 2011,
leading Kosmos in all aspects of the business to deliver its corporate
strategy and become a best-in-class organization. Prior to taking on the role
of chief executive officer, he served as chief operating officer of the
company. Before co-founding Kosmos in 2003, he was senior vice president of
exploration for Triton Energy, where he led a series of discoveries offshore
Equatorial Guinea, Malaysia and Colombia. He holds a master’s degree in
organic geochemistry and petrology from the University of Newcastle-upon-Tyne
and a bachelor of science in geology from the University of Sheffield.

About Kosmos Energy

Kosmos Energy is a leading independent oil and gas exploration and production
company focused on frontier and emerging areas along the Atlantic Margin. The
Company’s asset portfolio includes existing production and other major
development projects offshore Ghana, as well as exploration licenses with
significant hydrocarbon potential offshore Ireland, Mauritania, Morocco
(including Western Sahara) and Suriname. As an ethical and transparent
company, Kosmos is committed to doing things the right way. The Company’s
Business Principles articulate our commitment to transparency, ethics, human
rights, safety and the environment. Read more about this commitment in the
Kosmos 2012 Corporate Responsibility Report. Kosmos is listed on the New York
Stock Exchange and is traded under the ticker symbol KOS. For additional
information, visit www.kosmosenergy.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of
Section27A of the Securities Act of 1933 and Section21E of the Securities
Exchange Act of 1934. All statements, other than statements of historical
facts, included in this press release that address activities, events or
developments that Kosmos expects, believes or anticipates will or may occur in
the future are forward-looking statements.Kosmos’ estimates and
forward-looking statements are mainly based on its current expectations and
estimates of future events and trends, which affect or may affect its
businesses and operations. Although Kosmos believes that these estimates and
forward-looking statements are based upon reasonable assumptions, they are
subject to several risks and uncertainties and are made in light of
information currently available to Kosmos. When used in this press release,
the words “anticipate,” “believe,” “intend,” “expect,” “plan,” “will” or other
similar words are intended to identify forward-looking statements. Such
statements are subject to a number of assumptions, risks and uncertainties,
many of which are beyond the control of Kosmos, which may cause actual results
to differ materially from those implied or expressed by the forward-looking
statements. Further information on such assumptions, risks and uncertainties
is available in Kosmos’ Securities and Exchange Commission (“SEC”) filings.
Kosmos undertakes no obligation and does not intend to update or correct these
forward-looking statements to reflect events or circumstances occurring after
the date of this press release, except as required by applicable law. You are
cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date of this press release. All forward-looking
statements are qualified in their entirety by this cautionary statement.

Contact:

Kosmos Energy
Investor Relations:
Jon Cappon, +1-214-445-9669
jcappon@kosmosenergy.com
or
Media Relations:
Thomas Golembeski, +1-214-445-9674
tgolembeski@kosmosenergy.com
 
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