A brief analysis over Kosmos Energy company and its challenges in explorations
1. Who are the Kosmos’ founders? Where is their background and experience?
2. Describe Kosmos’ strategy – what are the key measurable objectives?
3. What do the financial investors want?
4. Why did the GNPC block the ExxonMobil deal?
5. Where is Ghana going with its oil developments?
6. Will Ghana become a victim of the oil curse?
7. If you were advising Kosmos what you recommend for the future: Sell Jubilee? Become
a
full- fledged E&P company? Sell the company?
Answer:
Kosmos Energy and Ghana (A) by Alvaro Colli
1. Who are the Kosmos’ founders? Where is their background and experience?
Kosmos Company was a group of former executives from Triton Energy (U.S.), founded
in
1962 as a Texas-based exploration company
Three associates had worked with large oil and gas companies: BP and ARCO. Other
Kosmos executives had had experience at companies such as ConocoPhilips, British Gas,
and Shell.
As Triton workers they have been ongoing production in Colombia and Equatorial Guinea,
and emergent property in other countries including Malaysia, Gabon, and Madagascar.
2. Describe Kosmos’ strategy – what are the key measurable objectives?
Delivering detailed geologic studies that methodically assess a particular region’s
subsurface in terms of attributes that lead to working petroleum systems.
Mapping and structural analysis to identify quality reservoir fairways and attractive
trapping
geometries.
3. What do the financial investors want?
Paying to stakeholders and the Ghanaian company EO Group their share of the production
costs of the field.
Besides, royalty/tax agreement including:
o Royalty, the payment of a royalty rate based on the depth of the oil or gas discovered
