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Stock Market & Financial Investment News

News Breaks
January 13, 2014
05:37 EDTKOSKosmos names Andrew Inglis as chairman, CEO
The board of Kosmos Energy announced that it has appointed Andrew Inglis as chairman of the board and CEO, effective March 1, 2014. Current CEO Brian Maxted, a founding partner of Kosmos, will serve in the role of Chief Exploration Officer and continue to serve on the board. As previously announced and simultaneous to Inglis’ appointment, John Kemp III, Kosmos’ current chairman of the board, will retire from the board and from his consulting position with the company.
News For KOS From The Last 14 Days
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April 27, 2015
05:28 EDTKOSKosmos makes 'significant' gas discovery offshore Mauritania
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05:26 EDTKOSKosmos provides update on Ghana, Cote d'Ivoire maritime boundary arbitration
Kosmos Energy announced that the Special Chamber of the International Tribunal of the Law of the Sea, or ITLOS, has issued its order in response to the provisional measures requested by the Government of Cote d’Ivoire in its ongoing maritime boundary dispute with the Government of Ghana. Importantly, ITLOS rejected the request that Ghana suspend all ongoing exploration and development operations in the disputed area in which the Tweneboa, Enyenra, and Ntomme, or TEN, project is situated until ITLOS gives its decision on the maritime boundary dispute, which is expected in late 2017. ITLOS ordered Ghana to suspend new drilling in the disputed area. Kosmos is not a party to this arbitration process and will now await a decision by the Government of Ghana on how it will implement the provisional measures order. However, we fully expect TEN development activities will continue as planned. The project is now more than 55% complete with all of the wells expected to be online at first oil already drilled. First oil is expected in the second half of 2016.

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