John R. Kemp III to Retire from Kosmos Energy’s Board of Directors
Kosmos
Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today that John
R. Kemp III intends to retire as Kosmos Energy’s Chairman. Kemp will
continue to serve in his current capacity until a successor is named.
Kosmos’ Board of Directors has initiated a search process to identify a
new Chairman.
Kemp joined the Company’s Board as an independent director in 2005.
Subsequently, he was named Chairman of the Board in early 2011, shortly
before the Company completed its initial public offering. Kemp served in
various capacities for 34 years at Conoco (now ConocoPhillips) where he
led ventures in both the domestic and international arenas prior to his
tenure at Kosmos. He was granted a Bachelor of Science degree in
petroleum and natural gas engineering from Pennsylvania State University
in 1966 and is a Centennial Fellow and Alumni Fellow of the school’s
College of Earth and Mineral Sciences.
Adebayo O. Ogunlesi, Chairman of the Nominating and Corporate Governance
Committee, commented, “John has made significant contributions to Kosmos
both as Chairman and as a member of the Board during his term with the
Company. On behalf of the Board of Directors, as well as the management
and employees of Kosmos, I want to express our deepest appreciation for
John’s incomparable service and support to the Company over the last
eight years.”
About Kosmos Energy
Kosmos Energy is a leading independent oil and gas exploration and
production company focused on frontier and emerging areas along the
Atlantic Margin. The Company’s asset portfolio includes existing
production and other major development projects offshore Ghana, as well
as exploration licenses with significant hydrocarbon potential offshore
Ireland, Mauritania, Morocco and Suriname and onshore Cameroon. Kosmos
is listed on the New York Stock Exchange and is traded under the ticker
symbol KOS. For additional information, visit www.kosmosenergy.com.
Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. All statements, other than
statements of historical facts, included in this press release that
address activities, events or developments that the Company expects,
believes or anticipates will or may occur in the future are
forward-looking statements. The Company’s estimates and
forward-looking statements are mainly based on its current expectations
and estimates of future events and trends, which affect or may affect
its businesses and operations. Although the Company believes that these
estimates and forward-looking statements are based upon reasonable
assumptions, they are subject to several risks and uncertainties and are
made in light of information currently available to the Company. When
used in this press release, the words “anticipate,” “believe,” “intend,”
“expect,” “plan,” “will” or other similar words are intended to identify
forward-looking statements. Such statements are subject to a number of
assumptions, risks and uncertainties, many of which are beyond the
control of the Company, which may cause actual results to differ
materially from those implied or expressed by the forward-looking
statements. Further information on such assumptions, risks and
uncertainties is available in the Company’s Securities and Exchange
Commission (“SEC”) filings. The Company’s SEC filings are
available on the Company’s website at www.kosmosenergy.com.
Kosmos undertakes no obligation and does not intend to update or correct
these forward-looking statements to reflect events or circumstances
occurring after the date of this press release, except as required by
applicable law. You are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
press release. All forward-looking statements are qualified in their
entirety by this cautionary statement.
Copyright Business Wire 2013