
	March 31, 2026		December 31, 2025
	(In thousands)
Joint interest billings, net	$	13,770	$	17,255
Oil and gas sales	74,126		56,700
Other current receivables	22,614		29,517
Total receivables	$	110,510	$	103,472

Long-term receivables	$	465,649	$	458,793

The Company’s joint interest billings consist of receivables from partners with interests in common oil and gas properties operated by the Company for shared costs. Joint interest billings are classified as current and long-term receivables based on when collection is expected to occur.

In February 2019, Kosmos and BP signed Carry Advance Agreements with the national oil companies of Mauritania and Senegal obligating us to finance a portion of the respective national oil company’s share of certain development and production costs incurred for the GTA Phase 1 project through the Commercial Operations Date of the Gimi FLNG vessel. The Commercial Operations Date of the Gimi FLNG vessel was achieved in June 2025. As of March 31, 2026 and December 31, 2025, the balance due from the national oil companies including accrued interest was $443.9 million and $437.1 million, respectively, which is classified as Long-term receivables in our consolidated balance sheets. Interest income on the long-term notes receivable was $6.8 million and $5.4 million for the three months ended March 31, 2026 and 2025, respectively.