Kosmos Energy announced that the Yakaar-2 appraisal well has encountered approximately 30 meters of net gas pay in similar high-quality Cenomanian reservoir to the Yakaar-1 exploration well, continuing the 100 percent success rate of wells targeting the inboard Mauritania/Senegal gas trend. Yakaar-2 was drilled approximately nine kilometers from Yakaar-1 and proved up the southern extension of the field.

The results of the Yakaar-2 well underpin our view that the Yakaar-Teranga resource base is world-scale and has the potential to support an LNG project that provides significant volumes of natural gas to both domestic and export markets. Development of Yakaar-Teranga is expected in a phased approach with Phase 1 providing domestic gas and data to optimize the development of future phases. It will also support the country’s “Plan Emergent Senegal” launched by the President of Senegal in 2014.

Commenting on the results of the Yakaar-2 well, Chairman and Chief Executive Officer Andrew G. Inglis said: “The Yakaar-2 appraisal well demonstrates the scale and quality of the Yakaar resource base. Senegal is one of the fastest growing economies in the world and Kosmos is excited to be working alongside BP and PETROSEN to support the country’s growing energy needs.”

Located offshore Senegal, the Yakaar-2 well was drilled in approximately 2,500 meters of water to a total measured depth of around 4,800 meters.

The Valaris DS-12 rig, working on behalf of the operator BP, will now move to the Orca-1 exploration well in Mauritania.

Partners in the Yakaar-Teranga gas project, located offshore Senegal, include PETROSEN, BP, and Kosmos.

About Kosmos Energy

Kosmos (NYSE/LSE: KOS) is a full-cycle deepwater independent oil and gas exploration and production company focused on the Atlantic Margins. Our key assets include production offshore Ghana, Equatorial Guinea and U.S. Gulf of Mexico, as well as a world-class gas development offshore Mauritania and Senegal. We also maintain a sustainable exploration program balanced between proven basin infrastructure-led exploration (Equatorial Guinea and U.S. Gulf of Mexico), emerging basins (Mauritania, Senegal and Suriname) and frontier basins (Cote d'Ivoire, Namibia and Sao Tome and Principe). Kosmos is listed on the New York Stock Exchange and London Stock Exchange and is traded under the ticker symbol KOS. As an ethical and transparent company, Kosmos is committed to doing things the right way. The Company’s Business Principles articulate our commitment to transparency, ethics, human rights, safety and the environment.