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Kosmos Energy Stage: Venture Date of Investment: 2003 Web Site : http://www.kosmosenergy.com
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Kosmos Energy, based in Dallas, Texas, is a privately-held international oil exploration and production company focused on emerging and frontier basins offshore West Africa. Kosmos is led by a seasoned management and technical team formerly with Triton Energy headed by Jim Musselman and Brian Maxted. This team has a proven track record of discovering and developing significant oil and gas reserves offshore West Africa and in other international basins. Warburg Pincus led the company’s initial $300 million equity financing in 2004, and also led a $500 million follow-on equity financing in 2008. Since formation, Kosmos has experienced significant exploration success with two sizable oil discoveries that include Jubilee Field, the first commercial discovery in Ghana and the second largest discovery worldwide in 2007. Kosmos is currently working with its industry partners to plan for the development of Jubilee Field and also continues to evaluate its large acreage blocks in other countries in West Africa.
