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Cosmos Energy Increases Reserves for Seventh Consecutive Year

Gasoil News - Published on Wed, 19 Feb 2020

Image Source: Kosmos Energy
Kosmos Energy announced that total 1P reserves at year end 2019 were approximately 169 million barrels of oil equivalent and 2P reserves were approximately 552 million barrels of oil equivalent.

In addition, following the recent signing of the Sale and Purchase Agreement for the Phase 1 LNG offtake of the Greater Tortue Ahmeyim project, Kosmos intends to book additional net 1P reserves of approximately 100 million barrels of oil equivalent. Adjusting for these additional volumes increases total 1P reserves to approximately 268 million barrels of oil equivalent.

Source :

Posted By : Yogender Pancholi on Wed, 19 Feb 2020
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