Investor Presentaiton
ā
Strong Financial Capacity
Fully funded to execute forward exploration and development
Conservative Capital Structure with
Liquidity of Approximately $840 Million
as of end of October 2012(1)
Strong and Growing Cash Flows from
Jubilee
Ability to fund Tano Basin petroleum system
investments and global exploration program
ā¢ Disciplined, Returns-focused Investment
Programs
Commodity Downside Protection
-
-
Hedge target approximately 25-50% of near-
term volumes
Additional 2013 and 2014 hedges expected
($ in millions)
Cash and cash equivalents
Restricted cash
Total cash
Credit facility debt
Shareholders' equity
Total capitalization
Total liquidity (1)
Net Debt to Market Cap
2012 Capital Program
2011 EBITDAX (2)
KOSMOS
SA
EA
$
EA
EA
SASA
SA
ENERGY.
Sep 2012
400
51
451
1,000
972
1,972
611
13.3%
500
$ 530
(1)
Total liquidity reflects cash balance plus availability under the Company's RBL credit facility.
(2)
Non-GAAP item. See Reconciliation to the applicable GAAP measure in the year-end 2011 Earnings Release
Investor Presentation 22
November 2012View entire presentation