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 | Chief Editor

David Paganie is Chief Editor of Offshore magazine and Conferences Editorial Director. David oversees the Offshore portfolio of print and digital editorial content and international oil and gas conferences. He also writes the monthly Comment column for Offshore. David has more than 20 years of experience in the offshore oil and gas industry, and previously served as Editor of Offshore Field Development International at ODS-Petrodata; and as an Analyst at Baker Energy. David holds a Bachelor of Business Administration degree with a specialty in finance from Ohio University.