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Kosmos Energy Ltd.: Kosmos Energy Successfully Completes Reserve Based Lending Facility Amendment and Extension


Kosmos Energy Ltd.: Kosmos Energy Successfully Completes Reserve Based Lending Facility Amendment and Extension
Transaction clears all material near-term debt maturities
Kosmos Energy (NYSE/LSE: KOS) ( Kosmos or the Company ) announced today that it has successfully completed the amendment and extension of its reserve based lending ( RBL ) facility.
As part of the amendment, Kosmos elected to lower the overall facility size from $1.5 billion to $1.25 billion to reduce reliance on the RBL facility and commitment costs following the successful completion of the Company s senior notes issuance in February 2021. The amendment includes a two-year tenor extension, with the RBL facility s final maturity now in March 2027. ....

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Kosmos Energy Announces First Quarter 2021 Results


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Business Wire
Kosmos Energy Announces First Quarter 2021 Results
Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE: KOS) announced today its financial and operating results for the first quarter of 2021. For the quarter, the Company generated a net loss of $91 million, or $0.22 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss(1) of $33 million, or $0.08 per diluted share for the first quarter of 2021.
FIRST QUARTER 2021 HIGHLIGHTS
Net Production(2) - 53,100 barrels of oil equivalent per day (boepd) with sales of 36,500 boepd, resulting in a material net underlift position of approximately 1.3 million barrels of oil ....

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Kosmos Energy (KOS) Q1 2021 Earnings Call Transcript


Kosmos Energy (KOS) Q1 2021 Earnings Call Transcript
Motley Fool Transcribing
© The Motley Fool
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Kosmos Energy (NYSE: KOS)
Good day, everyone. Welcome to Kosmos Energy s first-quarter 2021 conference call. [Operator instructions] Just a reminder, today s call is being recorded. At this time, let me turn the call over to Jamie Buckland, vice president of investor relations at Kosmos Energy.
Jamie Buckland
Vice President of Investor Relations
Thank you, Darryl, and thanks to everyone for joining us today. This morning, we issued our first-quarter earnings release. This release and the slide presentation to accompany today s call are available on the Investors page of our website. Joining me on the call today to go through the materials are Andy Inglis, chairman and CEO; and Neal Shah, CFO. ....

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