Kosmos Makes Foray Into GoM With $1.2-Billion Deal

摘要

KOSMOS ENERGY LTD. said Aug. 6 it will acquire Deep Gulf Energy Cos., a portfolio company of First Reserve with deepwater assets in the U.S. Gulf of Mexico (GoM), for about $1.23 billion in cash and stock. Kosmos' purchase of Deep Gulf is the company's largest acquisition and gives the company an entryway into the U.S. GoM. The company's assets are focused offshore West Africa and South America. Kosmos chairman and CEO Andrew G. Inglis, said the acquisition is perfectly timed.