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Oil explorer Kosmos considers IPO

September 3, 2010 @ 5:01 pm In Oil Company News

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 [1]


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[1] Click here to access the entire press release: http://www.reuters.com/article/idUSLDE68200C20100903

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