Tuesday, May 05, 2015 5:24:47 AM
www.kosmosenergy.com/pdfs/Tortue-Earnings-Update.pdf
"Preliminary view of gross resource base of approximately 5-8-12 Tcf"
"Tortue West alone is potentially the largest gas discovery offshore West Africa"
"Second exploration well in Mauritania will test the Marsouin prospect in 3Q 2015
Followed by Greater Tortue exploration / appraisal well in 4Q 2015"
US$29.7 Million from 30% farmout to Chevron:
investors.kosmosenergy.com/phoenix.zhtml?c=238878&p=irol-newsArticle&ID=2043281
"Total capital expenditures in the first quarter were $167.8 million. Excluded from this amount were $29.7 million of proceeds associated with the farm-out of a 30% interest in our Mauritania licenses to Chevron Mauritania Exploration Limited, a wholly owned subsidiary of Chevron Corporation. We expect to collect the gross proceeds of $29.7 million from this transaction in the second quarter."
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