Kosmos Energy Limited’s Yakaar-2 Appraisal Well Encounters Around 30 Meters Of Net Gas Pay

  • Sep 23, 2019 BST
  • Team Kalkine
  • Kosmos Energy Limited (KOS), has reported that continuing the 100 percent success rate of wells targeting the inboard Mauritania/Senegal gas trend, the Yakaar-2 appraisal well has encountered approximately 30 meters of net gas pay.
  • The positive results have strengthened the company’s view that the Yakaar-Teranga resource base is world-scale and holds the potential to support an LNG project with heavy volumes of natural gas to cater both the domestic as well as export markets.
  • On 23rd September 2019, at the time of writing, GMT 12:15 PM, KOS shares were trading at GBX 548.00, up by 20.00 points or 3.79 per cent against the previous day closing price.

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