KOSMOS ENERGY LTD.
GLOSSARY AND SELECTED ABBREVIATIONS
The following are abbreviations and definitions of certain terms used in this report. Unless listed
below, all defined terms under Rule 4-10(a) of Regulation S-X shall have their statutorily prescribed
meanings.
‘‘2D seismic data’’ . . . . . . . . . . . . . . .
Two-dimensional seismic data, serving as interpretive data that
allows a view of a vertical cross-section beneath a prospective
area.
‘‘3D seismic data’’ . . . . . . . . . . . . . . .
Three-dimensional seismic data, serving as geophysical data
that depicts the subsurface strata in three dimensions. 3D
seismic data typically provides a more detailed and accurate
interpretation of the subsurface strata than 2D seismic data.
‘‘API’’ . . . . . . . . . . . . . . . . . . . . . . .
A specific gravity scale, expressed in degrees, that denotes the
relative density of various petroleum liquids. The scale
increases inversely with density. Thus lighter petroleum liquids
will have a higher API than heavier ones.
‘‘ASC’’ . . . . . . . . . . . . . . . . . . . . . . .
Financial Accounting Standards Board Accounting Standards
Codification.
‘‘ASU’’ . . . . . . . . . . . . . . . . . . . . . . .
Financial Accounting Standards Board Accounting Standards
Update.
‘‘Barrel’’ or ‘‘Bbl’’ . . . . . . . . . . . . . . .
A standard measure of volume for petroleum corresponding to
approximately 42 gallons at 60 degrees Fahrenheit.
‘‘BBbl’’ . . . . . . . . . . . . . . . . . . . . . . .
Billion barrels of oil.
‘‘BBoe’’ . . . . . . . . . . . . . . . . . . . . . .
Billion barrels of oil equivalent.
‘‘Bcf’’ . . . . . . . . . . . . . . . . . . . . . . . .
Billion cubic feet.
‘‘Boe’’ . . . . . . . . . . . . . . . . . . . . . . .
Barrels of oil equivalent. Volumes of natural gas converted to
barrels of oil using a conversion factor of 6,000 cubic feet of
natural gas to one barrel of oil.
‘‘Boepd’’ . . . . . . . . . . . . . . . . . . . . . .
Barrels of oil equivalent per day.
‘‘Bopd’’ . . . . . . . . . . . . . . . . . . . . . .
Barrels of oil per day.
‘‘Bwpd’’ . . . . . . . . . . . . . . . . . . . . . .
Barrels of water per day.
‘‘Debt cover ratio’’ . . . . . . . . . . . . . . .
The ‘‘debt cover ratio’’ is broadly defined, for each applicable
calculation date, as the ratio of (x) total long-term debt less
cash and cash equivalents and restricted cash, to (y) the
aggregate EBITDAX (see below) of the Company for the
previous twelve months.
‘‘Developed acreage’’ . . . . . . . . . . . . .
The number of acres that are allocated or assignable to
productive wells or wells capable of production.
‘‘Development’’ . . . . . . . . . . . . . . . . .
The phase in which an oil or natural gas field is brought into
production by drilling development wells and installing
appropriate production systems.
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