Bid Deadline For Kosmos' Ghana Oil Field Stake This Week -Source
June 24 2009 - 10:59AM
Dow Jones News
Kosmos Energy will accept final bids for its stake in the large
Jubilee oil field offshore Ghana this week and aims to make its
final selection within weeks, a person familiar with the matter
told Dow Jones Newswires Wednesday.
There has been a lot of interest in the stake from major
international oil companies and state-owned companies, the person
said. Kosmos will close its data room this week and aims to slim
down bids to a short list of around six candidates, the person
said.
Jubilee has resources of around 1.2 billion barrels of oil
equivalent and is operated by Tullow Oil PLC (TLW.LN). Anadarko
Petroleum Corp. (APC) is also a partner in the field.
Company Web site: www.kosmosenergy.com
-By James Herron, Dow Jones Newswires; +44 (0)20 7842 9317;
james.herron@dowjones.com