Kosmos Energy Ltd. (KOS)

[TuMaRu]

What is this block you're referring to, is it in Gulf of Mexico or Ghana, or Eq. Guinea? They have production in those areas, and the only development blocks are off Mauritania & Senegal (Tortue, which is primarily a gas field). No exploration activity as of now. Sold off those assets to Shell last year.

Was initially interested in KOS but passed on it seeing as there are other better O&G plays out there. Yes, lots of US shale players went Ch. 11 last year, many reverse splits, so one had to steer clear of all that wreckage! Not an easy task to sift thru the gravel ... list is endless - Whiting, XOG, Denbury, Oasis, GPOR, Chapparal not to mention all the drillers. If KOS can clean up their balance sheet i.e. "deleverage" and cut debt, it could likely make a comeback esp among midcap oilers.

For whatever reason, its undervalued compared to Apache, Marathon (MRO), DEvon , etc. You may also want to consider better plays like QEP, SM, Matador MTDR, Antero AR in the small to mid cap range. Avoid MLPs they pay their owners first and generally scalp retail holders with stiff premiums. GL.