Sunday, May 22, 2022 8:17:17 PM
This is the most exciting period of exploration for the STP-EEZ, initiated by the award of Block 6 to Galp Energia in 2015, an agreement that included a 45% stake for Kosmos Energy, who earlier that year had farmed-in to Equator Explorations Block 12. Kosmos Energy then expanded its block licence footprint in 2017 by farming-in to Block 5, taking over the operatorship from Equator Exploration, followed a year later by their farm-in to Block 11, to take over all licence rights from ERHC. The latter agreement saw Kosmos partner with Galp Energia, with whom they already held a partnership in neighbouring Block 6. In 2018 Kosmos Energy completed its most recent activities by licensing, together with BP, Blocks 10 and 13 before the acquisition of extensive 3D seismic surveys with a focus over the eastern blocks.
Why São Tomé and Príncipe is a Hot Oil and Gas Exploration Area
The PGS MultiClient data library over the region now includes the 2D survey acquired for ExxonMobil in 1999, together with the later 2D seismic, gravity and magnetic surveys acquired by PGS in 2001 and 2005. These three surveys have recently been reprocessed as a coherent dataset to allow seamless interpretation. In addition, the PGS MultiClient library contains the well data from Ubabudo-1 together with the eight exploration wells and one appraisal well drilled in the JDZ waters.
The interpretation of these data along with industry feedback have indicated that there are four key reasons for the recent interest in the area.
Recent KOS News
- Form PX14A6G - Notice of exempt solicitation submitted by non-management • Edgar (US Regulatory) • 05/10/2024 08:11:48 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/07/2024 05:24:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/07/2024 10:37:53 AM
- Kosmos Energy Announces First Quarter 2024 Results • Business Wire • 05/07/2024 06:00:00 AM
- Kosmos Energy Announces Successful Reserve-based Lending Facility Re-financing • Business Wire • 04/29/2024 06:00:00 AM
- 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
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM