Kosmos Energy (KOS) (NYSE (NYX): KOS) announced today that the Marsouin-1 exploration well, located in the northern part of Block C-8 offshore Mauritania, has made a significant, play-extending gas discovery. This is the companys second major discovery of 2015.
Based on preliminary analysis of drilling and wireline logging results, Marsouin-1 encountered at least 70 meters (230 feet) of net gas pay in Upper and Lower Cenomanian intervals comprised of excellent quality reservoir sands. Located approximately 60 kilometers north of the basin-opening Tortue-1 gas discovery (renamed Ahmeyim), Marsouin-1 was drilled in nearly 2,400 meters of water. Marsouin-1 is our second major discovery of 2015.
70 meters of gas is a major discovery. The (very delayed) Antelope 4(S1) hit gas 32 meters more than expected.
