Geosciences

Kosmos preparing to drill offshore Morocco

Feb. 1, 2013

Kosmos Energy (NYSE:KOS) has unveiled its planned capital program for 2013.

Offshore staff

DALLAS – Kosmos Energy (NYSE:KOS) has unveiled its planned capital program for 2013.

On the company’s offshore Morocco licenses, this provides for additional geological studies, and further processing and interpreting of 3D data already acquired on theAgadir basin blocks.

Funds are also set aside for completion of the company’s acquisition of an extra 37.5% stake in theEssaouira block. The company is targeting first drilling offshore Morocco in late 2013.

Off Mauritania, the company expects to start a large 2D seismic survey during the first half of the year, followed by a 3D seismic program later in 2013.

Offshore Suriname, the company anticipates additional spending connected to processing and interpretation of a 3D seismic survey acquired late last year.

2/1/2013

About the Author

David Paganie | Energy Conference Director

After 20 years with Offshore, David Paganie has transitioned into a new role within Endeavor Business Media as Energy Conference Director, effective Jan. 1, 2025.

He is still leading the event content, chairing the conference advisory boards and working with the conference teams for Offshore's events (Subsea Tieback and Deepwater/Topsides) as well as Microgrid Knowledge's events. His success in growing event content and securing senior level executives as speakers has led to him creating many of the best practices at Endeavor.

Paganie previously served as Chief Editor of Offshore magazine and Conferences Editorial Director. He oversaw the Offshore portfolio of print and digital editorial content and international oil and gas conferences. He also wrote the monthly Comment column for Offshore.

He previously served as Editor of Offshore Field Development International at ODS-Petrodata; and as an Analyst at Baker Energy. He holds a Bachelor of Business Administration degree with a specialty in finance from Ohio University.