Kosmos Energy Ltd (KOS) 2017年年度报告「NYSE」.pdf

1、2016 ANNUAL REPORT2016 ANNUAL REPORTDEVELOPMENTPRODUCTIONEXPLORATIONKOSMOS ENERGY2017 ANNUAL REPORTGROWING STRONGER,PRODUCING RESULTSWith growing production,a world-scale development project moving forward,and a balanced exploration portfolio that provides a sustainable,multi-year drilling program,K

2、osmos is stronger than ever.2017 was a year of strong operational and strategic delivery.Kosmos achieved notable success across several key areas of the business that position the company well for the future.We have built a balanced portfolio and can look forward to growth from our production assets

3、,development projects,and exploration portfolio.FELLOW SHAREHOLDERSANDREW(ANDY)G.INGLISChairman and Chief Executive OfficerINCREASED HIGH-MARGIN PRODUCTION AND PROVED RESERVES With the approximately$320 million of free cash flow we generated in 2017,Kosmos used the proceeds to acquire an interest in

4、 the Ceiba and Okume oil fields offshore Equatorial Guinea and also to pay down debt.The acquisition of these production assets grew and diversified our production base by adding approximately 14,000 barrels of oil per day(bopd)of net production,as well as net proved reserves of more than 20 million

5、 barrels of oil equivalent(mmboe).Production from the Jubilee and TEN fields offshore Ghana increased steadily from 88,000 bopd gross in early 2016 to approximately 150,000 bopd gross at year-end 2017.We expect Ghana production to continue to grow in 2018 as we resume drilling on both fields in conn

6、ection with further development at TEN,as well as the now-approved Greater Jubilee Full Field Development Plan(GJFFDP).Our assets in Ghana and Equatorial Guinea generate high-margin barrels approximately$40 per barrel of operating margin at$60 per barrel Brent and we expect margins to increase furth