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December 19, 2012
06:50 EDTKOSKosmos provides operational update in Ghana, Cameroon
Jubilee field production is currently in excess of 105,000 barrels of oil per day. Significant production growth has resulted from additional acid stimulation operations performed on some of the Phase 1 wells, as well as the startup of the Jubilee Phase 1A development plan. Two additional acid stimulation operations on Jubilee Phase 1 production wells have been recently performed, at a gross cost of approximately $8M per well. Final preparations to begin drilling at the Sipo-1 prospect, located on the Ndian River Block, onshore Cameroon, are underway. The drilling rig is currently being assembled on location, with plans to initiate drilling around the end of 2012 and results expected in the first quarter of 2013.
News For KOS From The Last 14 Days
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October 21, 2014
10:00 EDTKOSOn The Fly: Analyst Upgrade Summary
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08:29 EDTKOSKosmos upgraded to Accumulate from Neutral at Global Hunter
Global Hunter upgraded Kosmos to Accumulate citing favorable risk/reward with upcoming exploration wells and a flattening commodity curve. Price target remains $11.
October 16, 2014
18:02 EDTKOSKosmos names Thomas Chambers as CFO
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