Kosmos Energy Announces Ratification of Ghana License Extensions by Parliament and Provides Trading Update
Kosmos Energy Ltd. Common Shares (DE) (KOS)
Last kosmos energy ltd. common shares (de) earnings: 2/24 02:00 am
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Source: Business Wire
DALLAS--(BUSINESS WIRE)--Kosmos Energy (NYSE/LSE: KOS) (“Kosmos” or the “Company”) is pleased to confirm that the license extensions for the West Cape Three Points and Deepwater Tano Petroleum Agreements, which cover the Jubilee and TEN fields in Ghana, have been formally ratified by the Ghanaian parliament. The licenses now extend to 2040.The license extensions bring key benefits to Ghana including up to $2 billion in incremental investment as well as higher volumes of affordable gas from the fields for domestic power generation. Kosmos is pleased to have played a leading role in progressing, negotiating and executing these extensions. As part of the extensions, the amended Jubilee plan of development will include up to 20 additional wells in the field and, as a result, Kosmos expects to realize an increase in Jubilee 2P reserves.At the Jubilee field, the J74 well that came online in early January is now fully ramped up. Gross daily production from the well is ~13,000 barrels of
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- Kosmos Energy (NYSE:KOS) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $1.75 to $2.00. They now have a "neutral" rating on the stock.MarketBeat
KOS
Earnings
- 8/4/25 - Miss
KOS
Sec Filings
- 2/13/26 - Form SCHEDULE
- 2/5/26 - Form 4
- 2/5/26 - Form 4
- KOS's page on the SEC website