Kosmos Energy was founded as a high impact frontier explorer in 2003. The company has carved out a niche focused on frontier deepwater exploration of the Atlantic Margin and was a first mover' into Ghana leading to the play opening discovery of the Jubilee field in 2007. This high impact discovery created excellent full cycle value for the company though subsequent discoveries have been more marginal. Exploration is central to Kosmos' strategy and portfolio re loading has opened new frontier exploration opportunities in a small number of countries. Since 2015 it has made a successful return to high impact exploration drilling discovering over 40 tcf of gas offshore Mauritania and Senegal. A deal signed with BP will help monetise this gas and drive future value creation.