Oil explorer Kosmos considers IPO
Oil exploration and production company Kosmos, the operator of Ghana’s Jubilee oil field, is considering an initial public offering.
The press release is quoted as saying:
Blackstone (BX.N) and Warburg [WP.UL], the U.S. private equity owners of Kosmos, are considering taking the company public after opposition from Ghana National Petroleum Corp led to the collapse of a deal to sell its stakes in Ghana’s Jubilee oilfield to ExxonMobil (XOM.N).
Click here to access the entire press release
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Fri, Sep 3, 2010
Post by Anne Bagchi, Oil Researcher