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Kosmos Q2 production up 12% on Jubilee wells and GTA LNG ramp-up

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Kosmos Energy reported Q2 net production of about 71,400 boed, up 12% year over year, supported by new Jubilee wells and a continued ramp-up of the Greater Tortue Ahmeyim LNG project. Net income was $185 million and operating cash flow about $175 million, with free cash flow of $89 million. Jubilee output is set to exceed 90,000 bpd as more wells come online, while GTA Phase 1 averaged 2.65 MMtpa LNG equivalent and lifted nine cargoes.

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