Kosmos Energy raises $500,000,000

Kosmos Energy LLC announces today that the company has secured an additional $500 million equity funding.  The equity expands Kosmos’ capital base and provides substantial financial resources for ongoing oil and gas exploration, appraisal and development activities in West Africa, including first-phase development of the Jubilee Field, the company’s significant oil discovery offshore the Republic of Ghana. Warburg Pincus and Blackstone, as well as the Kosmos management team, previously committed $300 million to the company.