Kosmos Energy Provides Suriname Activity Update

The Anapai-1 well drilling in Block-45 offshore Suriname encountered shallow bore hole stability issues before reaching the target interval, Kosmos Energy (NYSE:KOS) said in its update May 21update on activity in Suriname.

Kosmos and its partner will re-spud the well, Anapai-1A, targeting the same objectives. The well design has been reconfigured to address the issues previously encountered. Anapai-1A is expected to spud imminently, and will take approximately 50 to 60 days to drill with results expected early in the third quarter. Kosmos’ share of the costs incurred to date on drilling the Anapai well is approximately $20 million.