DALLAS--(BUSINESS WIRE)--Oct. 10, 2014--
Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today the closing of
the previously announced registered underwritten public offering of 15
million common shares (the “Offering”) from funds affiliated with The
Blackstone Group L.P. and Warburg Pincus LLC (the “Selling
Shareholders”). The underwriter of the Offering was granted an option,
exercisable within 30 days, to purchase up to an additional 2.25 million
common shares from the Selling Shareholders on the same terms and
conditions to cover over-allotments, if any. Kosmos will not receive any
of the proceeds from the sale of the common shares. Citigroup Global
Markets Inc. acted as the underwriter of the Offering.
The Offering was made pursuant to an effective shelf registration
statement, including a prospectus, filed by Kosmos with the U.S.
Securities and Exchange Commission (“SEC”) on June 22, 2012. Before you
invest, you should read the prospectus in that registration statement
and other documents Kosmos has filed with the SEC for more complete
information about Kosmos and the Offering. You may get these documents
for free by visiting the SEC website at www.sec.gov.
Alternatively, copies of the prospectus and a prospectus supplement,
when available, may be obtained from Citigroup Global Markets Inc., c/o
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New
York 11717, or by telephone at 1-800-831-9146, or by email at firstname.lastname@example.org.
About Kosmos Energy
Kosmos Energy is a leading independent oil and gas exploration and
production company focused on frontier and emerging areas along the
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. All statements, other than
statements of historical facts, included in this press release that
address activities, events or developments that Kosmos expects, believes
or anticipates will or may occur in the future are forward-looking
statements. Kosmos’ estimates and forward-looking statements are mainly
based on its current expectations and estimates of future events and
trends, which affect or may affect its businesses and operations.
Although Kosmos believes that these estimates and forward-looking
statements are based upon reasonable assumptions, they are subject to
several risks and uncertainties and are made in light of information
currently available to Kosmos. When used in this press release, the
words “anticipate,” “believe,” “intend,” “expect,” “estimate,” “plan,”
“will” or other similar words are intended to identify forward-looking
statements. Such statements are subject to a number of assumptions,
risks and uncertainties, many of which are beyond the control of Kosmos,
which may cause actual results to differ materially from those implied
or expressed by the forward-looking statements. Further information on
such assumptions, risks and uncertainties is available in Kosmos’
Securities and Exchange Commission (“SEC”) filings. Kosmos
undertakes no obligation and does not intend to update or correct these
forward-looking statements to reflect events or circumstances occurring
after the date of this press release, except as required by applicable
law. You are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
press release. All forward-looking statements are qualified in their
entirety by this cautionary statement.
Source: Kosmos Energy Ltd.
Kosmos Energy Ltd.
Thomas Golembeski, +1-214-445-9674