Kosmos Energy

completed

_x000C_Kosmos Energy Ghana HC is indirectly wholly owned by Kosmos Energy Holdings, a privately-held Cayman Island company. Affiliates under common control with the Company hold exploration acreage positions across multiple blocks offshore West Africa, principally in Ghana but also in Benin, Cameroon, Morocco, and Nigeria. In June 2007, its exploration work led to the discovery of the Jubilee oil field offshore of Ghana. The Project involves the first phase of development (“Phase 1”) of the Jubilee field. It involves the drilling of 17 wells (nine production wells, five water injection wells, and three gas injection wells), sub-sea production installations and leasing of a floating production, storage and offloading (FPSO) vessel for processing, storage and handling of crude. Initial estimated gross production capacity is 120,000 barrels of oil per day (bopd) and will increase as the field is further developed and more reserves are proven.