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Press
Release
For
discovery of oil in Ghana Kosmos Energy named ''Explorer of
the Year''
Tuesday December 11, 2007
Wash. DC, Ghanadot - Kosmos Energy announces today that the
company has been named “Explorer of the Year” by the World
Junior Oil & Gas Congress. Kosmos was recognized for the
company’s discovery of the Mahogany Field in the Republic of
Ghana’s deep waters announced earlier this year, possibly
one of the largest oil finds in the last decade offshore
West Africa.
Paul Dailly, Kosmos Senior Vice President, Exploration,
accepted the award in London on behalf of the Kosmos team.
The World Junior Oil & Gas Congress awards celebrate the
leaders, innovators and pioneers in the junior oil and gas
industry around the globe and their most outstanding
achievements.
“Kosmos is honored to have been chosen by the World Junior
Oil & Gas Congress as ‘Explorer of the Year,’” said James C.
Musselman, Kosmos Chairman and CEO. “This is proof that
independent oil and gas exploration and production companies
around the world have an important stake in the industry’s
future, especially as larger oil and gas producers have
scaled back their exploration efforts during the last decade
or two.
“At Kosmos, we apply the highest technical and professional
standards to our exploration efforts and believe this
creates the environment to replicate success,” Musselman
continued. “We look forward to working with the governments
and people of West Africa to develop their countries’
natural resources as we continue our exploration efforts in
the region.”
After Kosmos drilled the Mahogany-1 well on the West Cape
Three Points Block in June 2007, the company confirmed the
discovery with the Hyedua-1 well on the adjacent Deepwater
Tano Block in August. Both wells encountered significant oil
accumulations. Kosmos is continuing appraisal of the
Mahogany Field with a high-resolution 3D seismic survey that
is nearing completion. The company expects to initiate a
program to drill at least three additional appraisal wells
in early 2008. Kosmos also plans additional exploration
drilling on the West Cape Three Points Block.
Kosmos’ explorers have a strong track record for multiple
drill-bit successes around the world. In 2001 prior to
forming Kosmos, the company’s management and technical team
led a highly successful multi-discovery exploration program
and record-setting development and production project in
2,500 feet of water offshore Equatorial Guinea.
The World Junior Oil & Gas Congress is a London-based
association that focuses on the global small- and mid-cap
oil and gas sectors.
About Kosmos Energy:
Kosmos Energy is a privately held international oil
exploration and production company with a focus in West
Africa. Kosmos is led by a seasoned management and technical
team with extensive international and West Africa
experience, and a proven record of finding and developing
significant oil reserves. With the financial backing of
international private equity investors Warburg Pincus and
Blackstone Capital Partners, the company possesses
significant financial and operational capability to generate
and participate in multiple high-impact upstream projects.
For additional information, visit www.kosmosenergy.com.
Contact:
Kosmos Energy
W. Greg Dunlevy, +1-972-739-7700
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Be
wary of negative propaganda against me – Kyerematen
Accra, Dec. 11, Ghanadot/GNA – Mr Alan John
Kyerematen, one of the aspirants contesting to succeed
President John Agyekum Kufuor, has called on the delegates
to the New Patriotic Party (NPP) congress to discount
negative propaganda against him. ........More |
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Hajj
problems brought to President Kufuor's attention
Tamale, Dec. 11, Ghanadot/GNA - Sheikh Saeed Abubakr
Zakaria, head of the Anbariyya Mosque in Tamale, has appealed to
President John Agyekum Kufuor to help solve problems being faced
by prospective pilgrims to enable them to travel to Mecca to
perform this year's hajj.... .More
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Mob
justice due to mistrust of the judicial system – CHRAJ
Sunyani (B/A) Dec. 11, Ghanadot/GNA – Miss Halina Nuhu,
Brong-Ahafo Regional Director of the Commission on Human Rights
and Administrative Justice (CHRAJ), has attributed the upsurge
of mob justice on suspects to the mistrust and the lack of
confidence in the judicial system. ....More |
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For
discovery of oil in Ghana Kosmos Energy named ''Explorer of the
Year''
DALLAS, Dec 12, 2007 - Kosmos Energy announces today that
the company has been named “Explorer of the Year” by the World
Junior Oil & Gas Congress. Kosmos was recognized for the
company’s discovery of the Mahogany Field in the Republic of
Ghana’s deep waters.......More |
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