DALLAS--(BUSINESS WIRE)--Jun. 4, 2019-- Kosmos Energy (NYSE: KOS) (LSE: KOS) announced today an oil discovery at Gladden Deep (Kosmos 20% working interest). Gladden Deep is a sub-sea tie back which is expected to be brought online through the existing Gladden pipeline to the Medusa spar in the fourth quarter of 2019. Based on preliminary analysis of drilling and wireline logging results the recoverable resource is expected to be in line with the pre drill estimate of 7 mmboe gross.
DALLAS --(BUSINESS WIRE)--May 6, 2019-- Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today financial and operating results for the first quarter of 2019. For the first quarter of 2019, the Company generated a net loss of $53 million, or $0.13 per diluted share.
DALLAS --(BUSINESS WIRE)--May 6, 2019-- Kosmos Energy (NYSE/LSE: KOS) announced that its Board of Directors has declared a quarterly cash dividend of $0.0452 per common share payable on June 27, 2019 , to the stockholders of record at the close of business on June 6, 2019.
DALLAS--(BUSINESS WIRE)--Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today the pricing of $650 million aggregate principal amount of its 7.125% senior notes due 2026. The offering is expected to close on April 4, 2019, subject to customary closing conditions. Kosmos intends to use the net proceeds from the offering to fund the redemption of all of its outstanding 7.875% Senior Secured Notes due 2021, of which there is $525 million aggregate principal amount outstanding, to repay a portion of the outstanding indebtedness under its revolving credit facility and to pay fees and expenses related to the redemption, repayment and the offering.
DALLAS--(BUSINESS WIRE)--Mar. 14, 2019-- Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today that, subject to market conditions, it intends to offer $600 million aggregate principal amount of senior notes due 2026. Kosmos intends to use the net proceeds from the offering to fund the redemption of all of its outstanding 7.875% Senior Secured Notes due 2021, of which there is $525,000,000 aggregate principal amount outstanding, to repay a portion of the outstanding indebtedness under its revolving credit facility and to pay fees and expenses related to the redemption, repayment and the offering.
DALLAS--(BUSINESS WIRE)--Feb. 25, 2019-- Kosmos Energy (NYSE/LSE:KOS) announced that its Board of Directors has declared a quarterly cash dividend of $0.0452 per common share payable on March 28, 2019, to the stockholders of record at the close of business on March 7, 2019. Holders of common shares on the New York Stock Exchange will be paid in U.S. dollars, and holders of common shares through depositary interests on the London Stock Exchange will be paid in British pounds sterling.
DALLAS--(BUSINESS WIRE)--Feb. 25, 2019-- Kosmos Energy Ltd. (“Kosmos”) (NYSE:KOS) announces that it is hosting a Capital Markets Day presentation today in London for sell-side analysts and institutional investors. The event will be hosted by Andrew G. Inglis, Chairman and Chief Executive Officer, and will include presentations from members of Kosmos’ Leadership Team on the company strategy.
DALLAS--(BUSINESS WIRE)--Feb. 25, 2019-- Kosmos Energy Ltd. (“Kosmos”) (NYSE:KOS) announced today financial and operating results for the fourth quarter of 2018. For the fourth quarter of 2018, the Company generated a net gain of $186 million, or $0.43 per diluted share as compared to net loss of $122 million or $0.31 per diluted share in the same period last year.
DALLAS--(BUSINESS WIRE)--Kosmos Energy (NYSE: KOS) (LSE: KOS) announced today that Chief Exploration Officer and Founding Partner Brian F. Maxted has decided to retire from the company effective February 15, 2019. Mr. Maxted will remain on the Board of Directors and continue to serve as a special advisor on matters related to exploration.