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Kosmos Energy Announces First Quarter 2021 Results

Provided by 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

Kosmos Energy Ltd (LSE:KOS) | RNS | Kosmos Energy Ltd

Commenting on the Company s first quarter 2021 performance, Chairman and Chief Executive Officer Andrew G. Inglis said: This month marks the tenth anniversary of Kosmos listing on the New York Stock Exchange. In those ten years, Kosmos has evolved from a frontier explorer to a full-cycle E&P with a diverse reserve base that has increased nearly seven-fold, building the platform for continued success over the next ten years. In the first decade of the company s history, we maintained a strong focus on corporate responsibility, leading on transparency and positioning the business to deliver value to our stakeholders through the energy transition.

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