Deal Insight
Kosmos Energy acquires Deep Gulf for US$1.225 billion in US Gulf of Mexico
Report summary
Kosmos Energy has entered the deepwaters of the US Gulf of Mexico, acquiring private equity-backed Deep Gulf Energy (DGE) for US$1.225 billion. The deal is transformational for Kosmos Energy, increasing its production base by 50% (to 70,000 boe/d), and providing exposure to a business built around quick turnarounds and infrastructure-led exploration and development. Though known to date as a drill bit-led explorer, the deal turns Kosmos into a multi-region, full-cycle E&P company with a cash-generative, short-cycle platform in the Gulf of Mexico.
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
- Strategic rationale
- Oil & gas pricing and assumptions
Tables and charts
This report includes 10 images and tables including:
- Executive summary: Table 1
- Deep Gulf Energy asset map
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Deep Gulf Energy production and asset cash flows
- Kosmos asset map
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
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