Kosmos Energy said today that its shares had been admitted for trading on the London Stock Exchange (LSE).
Kosmos undertook an initial public offering (IPO) of its shares in New York in 2011.
The Texas-based firm announced its plans to list in London earlier this month.
Kosmos, chief executive Andrew Inglis, said at that time: “We believe that Kosmos represents a compelling investment proposition both in terms of its upcoming high-impact exploration program and the development of recent gas discoveries.
“We have experienced tremendous growth over the years driven by increasing production and cash flow in Ghana and recent discoveries offshore Mauritania and Senegal.
“This secondary listing is the next step in the company’s evolution. Our NYSE listing has enabled Kosmos to attract blue chip investors and given us access to significant opportunities.
“We selected the LSE for our secondary listing because of its strong liquidity, reputation for transparency, and participants’ knowledge of the role of frontier exploration and development in our industry”.
Chris Mayo, head of primary markets, Americas, London Stock Exchange Group: “Listing on London Stock Exchange today, Kosmos Energy gains access to an unrivalled pool of international investors with deep knowledge of the global oil and gas industry.
“Headquartered in Dallas with global operations, Kosmos Energy is the fourteenth North American-based company to list on our markets in 2017, underlining London’s enduring status as the most international financial centre and an open and dynamic place to do business.”
Recommended for you
Read the latest opinion pieces from our Energy Voice columnists
- Standardising specifications: a new approach
- OPINION: Victim’s son fears another Piper Alpha is ‘just around the corner’
- OPINION: Contractor lawyers in demand as firms reluctant to return to bloated workforces
- OPINION: Are Electric Vehicles changing BP’s business model?
- OPINION: Where helicopter safety is concerned, regulations matter