Fossil Energy – Takeover
U.S. oil and gas company Kosmos Energy is in early talks for an all-share acquisition of Tullow Oil that would create a West Africa-focused producer.
[Read more…] about Kosmos in early talks for Tullow Oil takeoverGLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
U.S. oil and gas company Kosmos Energy is in early talks for an all-share acquisition of Tullow Oil that would create a West Africa-focused producer.
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Kosmos Energy announced today that it has increased its working interest to 90% and assumed operatorship, subject to customary government approvals, of the world-scale Yakaar-Teranga gas discoveries offshore Senegal.
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Kosmos Energy and its partners have made an oil discovery in the US Gulf of Mexico through the drilling of the Tiberius exploration well in Keathley Canyon Block 964.
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Kosmos plans to drill the Tiberius exploration well later this year in Keathley Canyon Block 964 in the US Gulf of Mexico (GoM), the company said in its latest results statement.
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