Oil explorer Kosmos considers IPO

- September 3rd, 2010

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 […]

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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