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Kosmos Energy Finalizes Suriname Farm-Out with Hess Corporation

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DALLAS--(BUSINESS WIRE)--Kosmos Energy (NYSE: KOS) announced today that it has entered into a farm-out agreement with Hess Suriname Exploration Limited, a wholly-owned subsidiary of the Hess Corporation (NYSE: HES), covering the Block 42 contract area offshore Suriname. Under the terms of the agreement, Hess will acquire a one-third non-operated interest in the Block 42 contract area from both Chevron Corporation (NYSE: CVX) and Kosmos. As part of the agreement, Hess will fully fund the cost of


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