ects to complete the exploration well and has results during the first half of 2015. Morocco (including Western Sahara) The company’s petroleum contracts in Morocco include the Cap Boujdour Offshore block, which is within the Aaiun Basin; and the Essaouira Offshore block, the Foum Assaka Offshore block, and the Tarhazoute Offshore block, which are within the Agadir Basin. The company is the operator of these petroleum contracts. Aaiun Basin: During 2014, the company conducted a new 3D seismic survey of approximately 5,100 kilometers over the Cap Boujdour Offshore block. The processing of this seismic data is expected to be completed in 2015. The CB-1 exploration well on the Cap Boujdour Offshore block was spud in December 2014 to test the Al Khayr prospect. The company expects well results during the first quarter of 2015. Agadir Basin: The company completed interpretation of approximately 7,800 square kilometers of new and reprocessed 3D seismic data in its Foum Assaka Offshore and Essaouira Offshore blocks. During 2014, the company conducted a 3D seismic data acquisition program of approximately 4,300 square kilometers over the Tarhazoute Offshore and Essaouira Offshore blocks. The processing of this seismic data is expected to be completed in 2015. During 2014, the company drilled the FA-1 exploration well in the Foum Assaka Offshore block. Portugal In 2014, the company entered into a farm-in agreement to acquire a non-operated interest in the Camarao, Ameijoa, Mexilhao and Ostra blocks offshore Portugal. Senegal The company is the operator for petroleum contracts covering the Cayar Offshore Profond and Saint Louis Offshore Profond blocks offshore Senegal. The Cayar Offshore Profond and Saint Louis Offshore Profond petroleum contracts are in the Senegal River Mid-Cretaceous deep water system with multiple Lower Cretaceous source rocks, Albo-Cenomanian reservoir sands and are located south of the Mauritania Salt Basin, which has a working petroleum system. The company completed a 3D seismic survey of approximately 7,000 square kilometers over the Cayar Offshore Profond and Saint Louis Offshore Profond blocks in January 2015. The company has identified various prospects from existing 2D seismic data. As the company continues to process and interpret data from the 3D seismic survey, it would continue to assess the prospectivity on the blocks. Suriname The company is the operator for petroleum contracts covering Block 42 and Block 45 offshore Suriname, which are located within the Guyana-Suriname Basin, along the Atlantic transform margin of northern South America. During 2012, the company completed a 3D seismic data acquisition program, which covered approximately 3,900 square kilometers over portions of Block 42 and Block 45 offshore Suriname. In 2013, the company completed a 2D seismic program of approximately 1,400 line kilometers over a portion of Block 42, outside of the existing 3D seismic survey. The processing of the seismic data was completed during 2014. Business Strategy The company’s strategy is to improve proved reserves and production through development, exploration and appraisal; successfully open and develop its offshore exploration plays; apply its technically-driven culture, which fosters innovation and creativity, to continue its successful exploration and development program; focus on optimally developing its discoveries to initial production; and identify, access and explore emerging regions and hydrocarbon plays. History Kosmos Energy Ltd. was founded in 2003. The company was incorporated pursuant to the laws of Bermuda in 2011.
kosmos energy ltd
(KOS:New York Consolidated)
2 Church Street
Hamilton, HM 11
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