Kosmos Energy completes sale of Equatorial Guinea production assets to Panoro for USD 127 million

Kosmos Energy Ltd.

Kosmos Energy Ltd.

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  • Kosmos completed the sale of its Ceiba Field and Okume Complex interests in Block G offshore Equatorial Guinea to Panoro Energy.
  • Final cash consideration was about $127 million, reflecting post-closing adjustments tied to cash received through June 16, 2026.
  • Deal includes contingent payments of up to about $40 million, subject to oil price and production thresholds.
  • Proceeds will repay borrowings under the reserves-based lending credit facility.
  • Asset retirement obligation liability of about $140 million will be removed from the balance sheet.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kosmos Energy Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606170200PRIMZONEFULLFEED9748008) on June 17, 2026, and is solely responsible for the information contained therein.

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