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News Breaks June 20, 2012 07:41 EDT KOS, CVX Kosmos and Chevron announce joint exploration plans in Suriname Kosmos (KOS) has entered into an agreement with Chevron (CVX) Global Energy under which Kosmos will assign half of its interest in Blocks 42 and 45, offshore Suriname, to Chevron. Under the agreement, Kosmos will have a 50% working interest and remain operator of both blocks until the end of the exploration phase. Chevron will assume the remaining 50% working interest and will be development operator of any commercial discoveries. The agreement is subject to certain customary closing conditions. News For KOS;CVX From The Last 14 Days Check below for free stories on KOS;CVX the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 21, 2013 11:38 EDT KOS High option volume stocks: KOS MWE HGG SOL MDT May 20, 2013 19:01 EDT KOS On The Fly: After Hours Movers Subscribe for More Information 16:13 EDT KOS Kosmos' Sipo-1 exploration shows well failed to encounter commercial reservoirs Kosmos Energy announced results from the Sipo-1 exploration well onshore Cameroon. Drilled on the Ndian River Block in the Rio del Rey Basin, the well was targeting the Miocene Isongo Formation. The Sipo-1 well was located approximately 14 kilometers, 8 miles, onshore and was drilled to a total depth of 1,725 meters, 5,660 feet. Oil and gas shows evidenced during drilling indicated a working petroleum system; however, the well failed to encounter commercial reservoirs. Following the completion of drilling operations, including plugging and abandoning of the well, the drilling rig will be released. Full well assessment and the integration of drilling results into the Company’s geologic models is ongoing to determine forward exploration plans on Kosmos’ onshore Cameroon acreage position. Kosmos has now completed its drilling program commitment on the Ndian River Block. Kosmos holds a 100 percent participating interest in the Ndian River Block. Associated with the results of the well, the Company will record approximately $75 million to exploration expense in its second quarter 2013 results 08:08 EDT CVX EU to review fracking concerns, Reuters reports Environmental concerns over the practice of hydraulic fracturing to get at shale gas will be on the EU's agenda this year, EU Energy Commissioner Guenther Oettinger told the German newspaper Die Welt, reports Reuters. Reference Link 05:40 EDT CVX U.S. oil futures rally as many commodities decline, WSJ reports Subscribe for More Information May 16, 2013 06:03 EDT CVX YPF, Chevron agree to terms of Argentina shale investment, Reuters reports Subscribe for More Information May 15, 2013 18:31 EDT CVX Ecopetrol submits highest bids for three exploratory blocks in Brazil Ecopetrol (EC) announces that it submitted the highest bids for three exploratory blocks in the 11th bidding round carried out yesterday by the ANP of Brazil in Rio de Janeiro. Ecopetrol has a 100% interest in the highest bids for the POT-M-567 and FZA-M-320 blocks and a 50% interest in the highest bid for the CE-M-715 block, which it submitted with Chevron (CVX) Brasil Ventures. The three blocks comprise an area of approximately 1,862 sq kilometers in the Potiguar, Foz de Amazonas and Ceara offshore basins. 08:38 EDT CVX WTI crude falls for a fith consecutive day, Bloomberg reports Subscribe for More Information May 14, 2013 16:00 EDT CVX Options Update; May 14, 2013 Subscribe for More Information 07:16 EDT KOS Citigroup to host a conference 2013 Global Energy & Utilities Conference is being held in Boston on May 14-16. 07:10 EDT CVX IEA says North American oil will dominate world supply growth, WSJ reports Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.