Kosmos Energy Sells Frontier Exploration Assets in $200 Million Farm-down to Shell
Transaction Type
Sellers
Buyers
Basin
Multiple; International
Announce Date
Post Date
Close Date
Estimated Price
$200.0MM
Description
Bought participating interest in select frontier exploration assets including blocks offshore São Tomé & Príncipe, Suriname, Namibia and South Africa; consideration comprises $100 MM upfront cash payment and future contingent payments of up to $100 MM.