Kosmos Energy Ltd - Kosmos Provides Update on Exploration Program
Kosmos ENERGY provides UPDATE ON EXPLORATION DRILLING PROGRAM OFFSHORE MAURITANIA
Designed to test Lower Cenomanian and Albian reservoirs charged from the deeper Valanginian-Neocomian source, the Hippocampe-1 well was drilled to a total depth of 5,500 meters. Well-developed reservoirs were encountered in both exploration targets but these proved to be water bearing. The well will now be plugged and abandoned. It is believed that this prospect failed due to a lack of charge access in this part of the play fairway.
The Ensco DS 12 drillship will now proceed as planned to Block C-12 offshore
Kosmos holds rights in the C-6, C-8, C-12, C-13, and C-18 contract areas under production sharing contracts with the Government of Mauritania's Société Mauritanienne Des Hydrocarbures et de Patrimoine Minier (SMHPM). The blocks range in water depth between 100 and 3,000 meters, and have combined acreage of over 40,000 square kilometers gross. Kosmos is the exploration operator of Block C-8 with 28 percent equity and is joined by its partners BP (LSE:BP) (62 percent) and SMPHM (10 percent).
About Kosmos Energy
Kosmos is a leading independent oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margin. Our assets include existing production and development projects offshore
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