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Re: nh post# 181451

Tuesday, 10/06/2009 10:33:36 AM

Tuesday, October 06, 2009 10:33:36 AM

Post# of 361695
Ahh..they just threw a little XOM pocket change at it that's all! smile

LONDON, Oct 6 (Reuters) - Exxon Mobil (XOM.N) has agreed to buy Kosmos Energy's stake in the Jubilee field in Ghana, three sources close to the matter said on Tuesday.

Private equity-backed Kosmos is a partner in the multi-billion barrel field with Tullow Oil (TLW.L) and Anadarko Petroleum (APC.N).

Exxon declined comment and Kosmos was not available for comment.

The sources did not say how much Exxon would pay but anlaysts have previously said the stake could be worth up to $5 billion. (Reporting by Tom Bergin; Editing by Dan Lalor)

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