Kosmos Buys Into 3 Irish Deepwater Energy Plays

Law360, New York (April 18, 2013, 2:35 PM EDT) -- Bermuda-incorporated oil and gas company Kosmos Energy Ltd. has reached separate agreements with Canadian and Irish energy firms to acquire operating interests in three blocks in the Porcupine Basin off the west coast of Ireland, Kosmos announced Thursday.

Kosmos, which has operational headquarters in Dallas, bought an 85 percent interest in two blocks totaling about 1,250 square miles in the southern Porcupine Basin from Dublin-based Europa Oil & Gas (Holdings) PLC. The U.S. firm also picked up a 75 percent operating interest in an 875-square-mile block...
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