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Rigrodsky & Long, P.A. Announces Investigation of Kosmos Energy Ltd. for Possible Violations of the Federal Securities Laws
[January 13, 2012]

Rigrodsky & Long, P.A. Announces Investigation of Kosmos Energy Ltd. for Possible Violations of the Federal Securities Laws


WILMINGTON, Del. --(Business Wire)--

Rigrodsky & Long, P.A. announces that it has launched an investigation on behalf of the shareholders of Kosmos Energy Ltd. ("Kosmos" or the "Company") (NYSE: KOS) who bought Kosmos common stock pursuant and/or traceable to the Company's May 16, 2011 Initial Public Offering (the "IPO"), with respect to whether the Company and certain of its officers and directors have possibly violated the federal securities laws.

Click here to learn more: http://investigations.rigrodskylong.com/kosmos-energy-ltd-kos/

Kosmos, a development stage company, engages in the exploration, development, and production of oil and natural gas in Africa. It holds five licenses in offshore the Republic of Ghana, onshore the Republic of Cameroon, and offshore the Kingdom of Morocco.

The investigation concens whether Kosmos properly disclosed business risks and potential problems with respect to the Company's oil exploration activities in its registration and prospectus materials filed in connection Kosmos' IPO.



On November 10, 2011, Kosmos' President and Chief Executive Officer, Brian Maxted, disclosed on a conference call with analysts that "guidance from the unit operators suggests that we're delayed in ramping up production to full facility capacity. As previously mentioned, we're in the process of sidetracking the J-7 well, and we expect that well to be on line early next year, the FPSO and reservoir appear to be performing at very high levels. However, downhole completion issues have recently impacted production in several of the wells."

In reaction to the above and other news released by the Company, Kosmos stock has fallen approximately 28% since the Company's IPO.


If you are a Kosmos shareholder and bought your stock pursuant and/or traceable to the Company's IPO, if you have information or would like to learn more about our investigation, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Timothy J. MacFall, Esquire or Noah R. Wortman, Case Development Director, of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail to [email protected].

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

Attorney advertising. Prior results do not guarantee a similar outcome.


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