Kosmos Energy Makes Oil Discovery in Equatorial Guinea: Ministry

  • Explorer finds 39 meters net oil play in Santonian reservoir
  • Well is first in Kosmos’ Equatorial Guinea drilling campaign
A sample of crude oil.Photographer: Andrey Rudakov/Bloomberg
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Kosmos Energy Ltd. made an offshore oil discovery in Equatorial Guinea, according to the Ministry of Mines and Hydrocarbons.

The S-5 well was drilled to a depth of 4,400 meters and encountered 39 meters of net oil play in the Santonian reservoir in the offshore Rio Muni Basin, the ministry said in an emailed statement.