4 May 2012
Teak-4A appraisal well update
Kosmos Energy, the Operator of the Teak-4A appraisal well
offshore Ghana, in which Tullow Oil plc (Tullow) is a
26.396% partner, yesterday evening, issued the following
DALLAS, Texas, May 3, 2012 - Kosmos Energy (NYSE: KOS)
announced results from the Teak-4A appraisal well, located
in the West Cape Three Points Block, offshore Ghana.
Located 6.1 kilometers (3.8 miles) northwest of the Teak-1
discovery well, the Teak-4A well was targeting the
stratigraphic extension of the Teak discovery area. The
well encountered thin, non-commercial reservoirs and is
being plugged and abandoned. Kosmos and partners have begun
integrating well results into the Teak field model to
determine forward appraisal and development plans.
The Atwood Hunter rig drilled Teak-4A to a total depth of
2,850 meters (9,348 feet) in water depth of 554 meters
(1,817 feet). Following the completion of operations at the
Teak-4A well, the drilling rig will set gauges at the
Teak-2A well and perform a drill stem test at the Akasa oil
discovery on the West Cape Three Points Block.
Kosmos Energy is the operator of the West Cape Three Points
Block with a 30.875 percent interest. The Company's
partners include Anadarko Petroleum Corporation (30.875
percent), Tullow Oil plc (26.396 percent), Sabre Oil & Gas
Holdings Ltd. (1.854 percent), and the Ghana National
Petroleum Corporation (10 percent carried).
For further information contact:
Tullow Oil plc
(+44 20 3249 9000)
Citigate Dewe Rogerson
(+44 207 638 9571)
(+353 1 498 0300)