The BP-operated Orca-1 exploration well offshore Mauritania has made a major gas discovery in the BirAllah area , says joint venture partner Kosmos Energy (NYSE:KOS).
KOS believes Orca-1 and Marsouin-1 have de-risked up to 50T cf of gas from the Cenomanian and Albian plays in the BirAllah area, a more than sufficient resource to support a world-scale liquefied natural gas project.
KOS +10.5%, BP +0.7% pre-market.