Kosmos Energy Closes Over-Allotment Option
DALLAS, Jun 14, 2011 (BUSINESS WIRE) --
Kosmos Energy Ltd. (NYSE: KOS) announces today that the company closed the sale of an additional 1,518,242 shares of its common stock at the public offering price of $18.00 per share pursuant to the over-allotment option exercised by the underwriters of its recently completed initial public offering. This partial exercise of the over-allotment option brings the total number of common shares sold by Kosmos in the offering to 34,518,242 shares.
Citi, Barclays Capital and Credit Suisse acted as joint bookrunning managers of the offering.
About Kosmos Energy
Kosmos Energy Ltd. (NYSE: KOS) is an international oil exploration and production company with a focus in Africa.
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995 -- that is, statements related to future, not past, events. Forward-looking statements are based on current expectations and include any statement that does not directly relate to a current or historical fact. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "anticipate," "believe," "intend," "expect," "plan," "will" or other similar words. These forward-looking statements involve certain risks and uncertainties that ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. For further discussion of risks and uncertainties, individuals should refer to Kosmos Energy's SEC filings. Kosmos Energy undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. 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
Kosmos Energy Ltd.
W. Greg Dunlevy, +1-214-445-9680
C. Bell & Associates, Inc.
Crystal "Chris" Bell, +1-214-324-2095