Kosmos Energy Announces Secondary Public Offering of Common Shares

  Kosmos Energy Announces Secondary Public Offering of Common Shares

Business Wire

DALLAS -- July 9, 2014

Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today that funds
affiliated with The Blackstone Group L.P. and Warburg Pincus LLC, respectively
(the “Selling Shareholders”), have agreed to sell an aggregate of 17 million
of Kosmos’s common shares in a registered underwritten public offering (the
“Offering”). The underwriter of the Offering has been granted an option,
exercisable within 30 days, to purchase up to an additional 2.55 million
common shares from the Selling Shareholders on the same terms and conditions
to cover over-allotments, if any. Kosmos will not receive any of the proceeds
from the sale of the common shares. Barclays Capital Inc. is acting as the
underwriter of the Offering.

The Offering is being made pursuant to an effective shelf registration
statement, including a prospectus, filed by Kosmos with the U.S. Securities
and Exchange Commission (“SEC”) on June 22, 2012. Before you invest, you
should read the prospectus in that registration statement and other documents
Kosmos has filed with the SEC for more complete information about Kosmos and
the Offering. You may get these documents for free by visiting the SEC website
at www.sec.gov. Alternatively, copies of the prospectus and a prospectus
supplement, when available, may be obtained from Barclays, c/o Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by
telephone at 888-603-5847, or by email at Barclaysprospectus@broadridge.com.

This press release is for informational purposes only and does not constitute
an offer to sell, or a solicitation of an offer to buy, nor shall there be any
sale of these securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state or jurisdiction.

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.

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,” “estimate,” “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 Ltd.
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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