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SES - Kosmos Energy Highlights - July 2, 2020
Kosmos Energy entered a crude oil prepayment agreement with Trafigura Trading LLC. The agreement provides up to $200 million of crude oil sales primarily related to a portion of the company's 2022 and 2023 Gulf of Mexico production, with $150 million committed by Trafigura. Kosmos expected to execute $50 million of advance crude oil sales in June. Later this year, following the completion of the prepayment agreement conditions, an additional $100-150 million of advance......
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