Kosmos Energy Ltd. is a deepwater exploration and production company engaged in the acquisition, exploration, development, and production of oil and natural gas. The company operates offshore Ghana, Equatorial Guinea, Mauritania, Senegal, and the Gulf of America. It focuses on delivering production and free cash flow from a portfolio of deepwater assets through disciplined capital allocation and optimal portfolio management. Kosmos Energy Ltd. pursues a strategy that emphasizes maximizing the value of producing assets, advancing discovered resources toward project sanction, and adding lower cost resources through acquisitions and infrastructure led exploration. The company also emphasizes safe operations and environmental stewardship as part of its commitment to host communities and stakeholders.

Kosmos Energy Ltd. generates revenue primarily from the sale of crude oil, natural gas, liquefied natural gas, condensate, and natural gas liquids. Crude oil and condensate are sold to various oil marketing agents and, in the Gulf of America, to a single buyer under multi term contracts. Natural gas is sold to the Government of Ghana under a long term gas sales agreement. Liquefied natural gas produced from the Greater Tortue Ahmeyim project is sold to BP Gas Marketing under a dedicated offtake contract. Natural gas liquids are sold to processing plants that fractionate the liquids for resale. The realized oil price for the company is influenced by international benchmarks such as Dated Brent and HLS crude, and the company uses hedging programs to manage price volatility.

Kosmos Energy Ltd. holds a position as a leading independent deepwater exploration and production company in the Atlantic basin. It competes with other independent operators such as Tullow Oil BP and Trident as well as with major integrated oil companies that have larger financial and technical resources. The company's competitive advantages stem from its experienced management team which averages over 27 years of industry experience and its technical expertise in subsurface analysis and reservoir modeling. Additionally Kosmos Energy Ltd. benefits from an infrastructure led exploration approach that reduces development timelines and capital requirements and from a disciplined financial framework that maintains a strong balance sheet and ample liquidity. The company also demonstrates a strong commitment to environmental social and governance principles, seeking to lower the carbon intensity of its operations and to support the energy transition in its host countries.

Kosmos Energy Ltd. serves a diverse customer base that includes national oil companies, international oil traders, and specialized gas buyers. Specific customers named in the filing are the Government of Ghana for natural gas sales and BP Gas Marketing for liquefied natural gas offtake from the Greater Tortue Ahmeyim project. Crude oil is sold to various oil marketing agents and to a single unnamed buyer in the Gulf of America. Condensate is sold to spot market purchasers offshore Mauritania and Senegal while natural gas liquids are sold to processing plants that fractionate the liquids. The company also engages with multiple oil purchasers in spot markets for its crude oil and condensate, allowing flexibility in pricing and sale timing.