Monday, May 02, 2022 2:41:08 PM
"Given the difficult global environment for doing deals, particularly for deep-offshore assets in frontier areas, we are very pleased to have concluded the agreement with Kosmos," said ERHC President and CEO Peter Ntephe. "The agreement enables us to immediately monetize one of our offshore holdings while preserving a financial upside in the event that exploration in Block 11 is successful."
ERHC retains 100 percent of the rights to EEZ Block 4 as well as the option to take up to a 15 percent working interest in each of two other unlicensed EEZ blocks of its choice. ERHC and the ANP-STP have agreed in principle to terms of a PSC for Block 4. In Kenya, ERHC holds a 35 percent interest in Block 11A, where the first exploration well is expected to be spudded toward the end of the first quarter of 2016. In Chad, ERHC is accepting tender proposals for a 2-D seismic acquisition program for Block BDS 2008.
ERHC also has interests across several oil blocks in the Nigeria -- São Tomé and Príncipe Joint Development Zone (JDZ).
Recent KOS News
- Kosmos Energy to Host First Quarter 2024 Results and Webcast on May 07, 2024 • Business Wire • 04/11/2024 06:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/08/2024 10:13:59 PM
- Kosmos Energy Ltd. Prices Upsized Offering of $350 Million 3.125% Convertible Senior Notes Due 2030 • Business Wire • 03/06/2024 07:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/04/2024 10:19:37 PM
- Kosmos Energy Ltd. Announces Offering Of $300 Million Of Convertible Senior Notes Due 2030 • Business Wire • 03/04/2024 09:08:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2024 11:36:52 AM
- Kosmos Energy Announces Fourth Quarter and Full Year 2023 Results • Business Wire • 02/26/2024 07:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/07/2024 09:20:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/07/2024 09:19:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/07/2024 09:18:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/07/2024 09:17:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/07/2024 09:16:10 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/06/2024 08:56:31 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/06/2024 08:32:41 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/06/2024 08:23:29 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/06/2024 08:18:30 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/06/2024 08:18:16 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/06/2024 08:15:45 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/05/2024 09:19:39 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/05/2024 09:19:02 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/05/2024 09:18:05 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/05/2024 09:16:46 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/05/2024 09:12:42 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/05/2024 09:09:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/02/2024 10:55:52 PM
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