Kosmos Energy CRR 2013 1 | Page 5

PROVEN EXPLORATION STRATEGY 2 PEOPLE AND PROCESS FIRST MOVER ADVANTAGE BARRELS LO W FINDING COSTS FOLLOW-ON SUCCESS ering rtn Pa HIGH VOLUME HIGH VALUE ATEG STR C IC E RSP TIVES PE EF DE FICIENT T VELOPMEN ACCELERATED APPRAISAL t ec n tio NTRARIA CO SPECTIV N R ES PE MAXIMIZED RETURNS P De rosp fin i CONCENTRATED PORTFOLIO Ope rational Read iness Seis mic D Ex rilli ec ng ut ion tification Iden ity ure tun d Capt r po an p O RIFLE-SHOT EXPLORATION EARLY DISCOVERY PROVEN EXPLORATION STRATEGY Finding oil and creating value for stakeholders by opening new petroleum systems is about three things. First, it takes vision and strong management support, together with a solid financial position. Kosmos has a leadership team and board that are focused on delivering exploration success, as well as producing development assets to fund this important work. Second, it takes a clear objective. Kosmos targets high value, high volume barrels – and we align our strategy to achieve this goal. We focus on front