Kosmos' Ghana Jubilee Oil Field Stake Sale Proceeding -Sources
July 15 2009 - 7:02AM
Dow Jones News
Private equity backed Kosmos Energy is proceeding with plans to
sell its stake in the large Jubilee oil field offshore Ghana
despite securing $750 million in loans Tuesday to fund development,
two people familiar with the matter told Dow Jones Newswires
Wednesday.
Kosmos hopes to have a shortlist of bidders for their stake in
the field ready by Friday, one person said. A large number of major
international and state-owned oil and gas companies are among
potential buyers, the person said.
Company Web site: http://www.kosmosenergy.com
-By James Herron, Dow Jones Newswires; +44 (0)20 7842 9317;
james.herron@dowjones.com