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Stock Market & Financial Investment News

News For KOS From The Last 14 Days
Check below for free stories on KOS the last two weeks.
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May 21, 2013
11:38 EDTKOSHigh option volume stocks: KOS MWE HGG SOL MDT
May 20, 2013
19:01 EDTKOSOn The Fly: After Hours Movers
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16:13 EDTKOSKosmos' 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
May 14, 2013
07:16 EDTKOSCitigroup to host a conference
2013 Global Energy & Utilities Conference is being held in Boston on May 14-16.

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