Kosmos Energy Announces Pricing of Secondary Public Offering of Common Shares

  Kosmos Energy Announces Pricing of Secondary Public Offering of Common
  Shares

Business Wire

DALLAS -- July 10, 2014

Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today the pricing of a
previously announced underwritten public offering of 17 million of its common
shares (the “Offering”), all of which were offered by funds affiliated with
The Blackstone Group L.P. and Warburg Pincus LLC, respectively (the “Selling
Shareholders”). The price to the public was $9.92 per share. 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. The Offering is expected to close on July 15, 2014, subject to customary
closing conditions. 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 and a prospectus supplement
to be filed with the SEC. 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,” “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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