Kosmos Energy Ltd. (NYSE:KOS) Q2 2022 Earnings Conference Call August 8, 2022 11:00 AM ET

Company Participants

Jamie Buckland - Vice President-Investor Relations

Andy Inglis - Chairman and Chief Executive Officer

Neal Shah - Chief Financial Officer

Conference Call Participants

Carly Davenport - Goldman Sachs

Matt Smith - Bank of America

Alex Smith - Investec

Bob Brackett - Bernstein Research

James Hosie - Barclays

Mark Wilson - Jefferies

Operator

Good day, everyone. Welcome to Kosmos Energy's Second Quarter 2022 Conference Call. Just a reminder, today's call is being recorded.

At this time, let me turn the call over to Jamie Buckland, Vice President of Investor Relations at Kosmos Energy

Jamie Buckland

Thank you, operator, and thanks to everyone for joining us today. This morning, we issued our second quarter earnings release. This release and the slide presentation to accompany today's call are available on the Investors page of our website. Joining me on the call today and to go through the materials are, Andy Inglis, Chairman and CEO; and Neal Shah, CFO.

During today's presentation, we will make forward-looking statements that refer to our estimates, plans, and expectations. Actual results and outcomes could differ materially due to factors we note in this presentation and in our UK and SEC filings. Please refer to our Annual Report, stock exchange announcement, and SEC filings for more details. These documents are available on our website.

At this time, I will turn the call over to Andy.

Andy Inglis

Thanks, Jamie, and good morning and afternoon to everyone. Thank you for joining us today for our second quarter results call. I'd like to start today's presentation looking at the operational delivery in the quarter, I'll then hand over to Neal to talk through the financials before I wrap up today's presentation. We'll then open up the call for Q&A.

Turning to slide three. 2Q was another quarter of strong execution for Kosmos as highlighted by the boxes on this slide. Our production assets are performing well with production for the quarter at the upper-end of guidance. Our three development projects, Tortue Phase 1, Jubilee Southeast and Winterfell are continuing to make good progress and are expected to deliver production growth of around 50% by 2024. We continue to optimize our world-class gas portfolio in Mauritania and Senegal, working closely with partners and the governments to accelerate and deliver value from our significant discovered resource.