3SOF

Kodiak Oil & Gas Corp. engages in the exploration, exploitation, development, acquisition, and production of natural gas and crude oil in the western United States. It explores and develops oil and gas properties within two producing basins in the Rocky Mountain Region of the United States. The company explores for natural gas in the Green River Basin in southwestern Wyoming, as well as oil in the Williston Basin in Montana and North Dakota. As of December 31, 2005, Kodiak Oil & Gas' proved reserves comprised 521.7 MBbls of oil and 2,835.2 MMcf of gas. The company was incorporated in 1972 under the name Pacific Talc, Ltd. and changed its name to Columbia Copper Company, Ltd. in 1998. Further, it changed its name to Kodiak Oil & Gas Corp. in 2001. Kodiak Oil & Gas is headquartered in Denver, Colorado.

is anyone else following this company?? any comment? thanks

Updated chart look.......

Point and Figure...
Ascending Triple Top breakout on 20 may 08. Target price of $8.00

52wk Range: 1.54 - 6.20
Volume: 9,681,693
Avg Vol (3m): 1,065,400

Technicals
Record Volume
Most Actives
Percentage Gainer

Last Price Quote is:
39.55%above 13-day MA
53.20%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: 08/07/2008
Last Analyst Rating: Hold

Kodiak Oil & Gas Corp. Provides Operations Update.......


DENVER, June 30, 2008 /PRNewswire-FirstCall via COMTEX/ -- Kodiak Oil & Gas Corp. (KOG), an oil and gas exploration and production company with assets in the Green River Basin of southwest Wyoming and Colorado and the Williston Basin of North Dakota and Montana, today provided an interim operations update.

Vermillion Basin-Wyoming

Vermillion Basin drilling activities to further evaluate the Baxter shale at an approximate depth of 10,000 feet to 13,000 feet are scheduled to commence during the third quarter of 2008. Kodiak's 2008-2009 Vermillion Basin activities are part of the Vermillion Basin Exploration Agreement entered into with Devon Energy during the first quarter of 2008. A possible two- to three-rig program is being contemplated by the operator in order to complete drilling prior to winter leasehold stipulations on certain of the federal lands. Kodiak initially estimates that its share of 2008 capital expenditures in the Vermillion Basin could range from $1 million to $3 million. Kodiak currently has approximately 41,200 gross and 17,000 net acres under lease and can earn additional interest through existing farm-in agreements.

Initial exploration efforts will be focused on two specific areas: the Horseshoe Basin Unit located on the western edge of Kodiak's acreage and the Coyote Flats Federal Unit, formerly the Chicken Ranch Unit, located on the northern edge.

Horseshoe Basin Unit

The companies plan to drill two vertical wells and one horizontal well employing redesigned drilling and completion techniques in an effort to minimize reservoir damage and improve production rates. These wells will further delineate the play's areal extent as they offset the HB #5-3 well drilled and completed by Kodiak in late 2007. The Horseshoe Basin Unit comprises approximately 9,300 Kodiak gross acres (4,100 net acres).

Construction of nine miles of pipeline to connect the HB #5-3 well to sales should commence during the third quarter 2008. There have been some delays in the well connection as the companies are attempting to optimize midstream infrastructure in the Horseshoe Basin Unit for this well and additional wells scheduled to be drilled in the Unit. Production from the HB #5-3 well is projected to commence during the 4th quarter.

Coyote Flats Federal Unit

On the northern portion of Kodiak's leasehold, in the recently created Coyote Flats Federal Unit, Devon and Kodiak are planning to drill one vertical well and one horizontal well. The horizontal well will directly offset the State Federal #4-36 well drilled by Kodiak in 2006. The State Federal #4-36 had significant gas shows during drilling and the initial completion stages. However, during the completion work the well encountered significant mechanical problems and the deeper zones were abandoned as casing collapsed and only the upper zones are producing. Coyote Flats Federal Unit comprises approximately 24,100 Kodiak gross acres (8,400 net).

Williston Basin-Montana and North Dakota

Dunn County, N.D.

In the prolific Bakken shale oil play, Kodiak controls leasehold in Dunn County, N.D. on the Fort Berthold Indian Reservation. At June 20, 2008, Kodiak had approximately 55,665 gross and 32,900 net acres under lease, with 4,800 net acres still pending. Kodiak operates all of its leasehold on the reservation excepting an approximate 7,500 net acres that are in a participating area previously established with Hunt Petroleum, which has recently been acquired by XTO Energy, subject to closing in September 2008. Leasing activity remains brisk in the Bakken play, with a recent Bureau of Land Management (BLM) land sale netting record per-acre prices in several North Dakota counties prospective for oil potential from the middle Bakken that is charged from oil generated from the Bakken shales above and below the middle member. Kodiak continues to opportunistically add to its leasehold position in core Dunn County operating areas.

Construction of the drill site for Kodiak's initial Bakken well, the Tall Bear #16-15H well, is expected to be completed this week. While Kodiak operations personnel continue to seek a sub-contracted drilling rig for one well, robust Williston activity is resulting in very tight rig availability. It is likely that the Company will opt to wait to take delivery of its new-build drilling rig which is currently scheduled for a September 2008 on-time delivery. In anticipation of its 2008 Bakken drilling program, Kodiak recently purchased the required tubular products for seven horizontal Bakken wells. The pipe is expected to be delivered early in the third quarter of 2008. The Company also signed a contract for a second Unit Corporation new-build rig to be delivered late in the first quarter of 2009.

Kodiak's exploration team is working with regulatory agencies to assemble an inventory of drilling permits to allow both drilling rigs to operate continuously. The Company recently received a Finding of no Significant Impact (FONSI) approval on two drilling permits, which are currently undergoing the customary 30-day comment period. Surveying has been completed and the scoping period has begun on two additional drill pads, with Environmental Assessments (EA) to follow. In an effort to minimize surface disturbance and to eliminate certain construction costs, each drill pad will provide two well sites for wells to be drilled in the opposite direction.

McKenzie County, N.D.

During the first half of 2008, Kodiak embarked upon a three-well workover program to improve production on three Bakken producers. Initial fracture stimulation operations have been completed on the Grizzly Federal #4-11, originally completed in 2007, and the well is currently flowing back frac fluid. The Grizzly Federal #13-6 underwent re-frac operations and is also being flowed back. The remaining well, the Grizzly Federal #1-27 is scheduled to undergo a re-frac early in July 2008.

Sheridan County, Mont.

Kodiak is preparing to drill two wells (KOG operates; 37.5% WI) which will test the productive potential of the Red River Formation. These two locations were identified from a 3-D survey completed in late 2007. Drilling is scheduled to commence in the second half of 2008 depending upon rig availability.

Management Comments

Kodiak President and CEO Lynn Peterson said: "Both of our core areas are advancing and we expect activity in the third quarter that will continue to ramp up throughout the balance of the year in both areas. The Bakken play is a very prolific resource play that covers several townships in our core area. Recent results from wells drilled and completed on acreage in close proximity to our Bakken leasehold have been very encouraging. Our leasehold which currently yields approximately sixty locations on 640-acre spacing offers an opportunity to change Kodiak's production profile as we move into 2009 and beyond. We believe our two contracted rigs will allow us to effectively explore our acreage within the primary term of the leases. We are working together with our regulatory bodies and have seen continued improvement in turnaround times and processing efficiencies from these agencies. We believe that this trend is likely to continue allowing us to keep a number of permits out in front of each of our rigs as we move beyond 2008. While the Vermillion Basin play has not had the recent publicity of other shale plays, we remain quite optimistic about the resource potential from the play. Sharing exploratory concepts with Devon and exploiting their vast experience gained from other shale plays, should help us further define the play's economic viability. We have continued to methodically develop both of these plays in a manner that will create shareholder value and develop long term production opportunities for Kodiak. The next six months of 2008 should be an exciting time for the Company as we begin an active drilling program."

About Kodiak Oil & Gas Corp.

Kodiak Oil & Gas, Denver-based, is an independent energy exploration and development company focused on exploring, developing and producing oil and natural gas in the Williston and Green River Basins in the U.S. Rocky Mountains. For further information, please visit http://www.kodiakog.com. The Company's common shares are listed for trading on the American Stock Exchange "KOG."

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking statements in this document include statements regarding the Company's exploration, drilling and development plans, the Company's expectations regarding the timing and success of such programs, the Company's expectations regarding the timing and amount of future revenues and the Company's expectations regarding the future production of its oil & gas properties. Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission.

SOURCE Kodiak Oil & Gas Corp.



http://www.kodiakog.com  

Copyright (C) 2008 PR Newswire. All rights reserved

"Both of our core areas are advancing and we expect activity in Q3 that will continue to ramp up throughout the balance of the year in both areas.

Looking at the last chart...moved off a Double Bottom (reversal) pattern.

52wk Range: 1.54 - 5.87
Volume: 2,260,407
Avg Vol (3m): 1,420,240

Technicals
Percentage Gainer

Last Price Quote is:
8.55%above 13-day MA
25.67%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: 08/07/2008
Last Analyst Rating: Hold

Below are the 6 month and 9 month charts.......

KOG - Momentum.......


52wk Range: 0.16 - 5.50
Volume: 3,246,151
Avg Vol (3m): 755,873

Technicals
Percentage Gainer

Last Price Quote is:
60.19%above 13-day MA
81.09%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: 05/07/2009
Last Analyst Rating: Outperform

been moving...

updated chart look

KOG  Kodiak Oil & Gas Corp. Invites You to Join Its Third...  


DENVER, Oct 21, 2010 /PRNewswire via COMTEX/ -- Kodiak Oil & Gas Corp. (KOG), an oil and gas exploration and production company with assets in the Williston Basin of North Dakota and Montana and in the Green River Basin of southwest Wyoming and Colorado, expects to release its third quarter 2010 financial and operating results after the close of trading on Thursday, November 4, 2010. In conjunction with Kodiak's release of its results, investors, analysts and other interested parties are invited to participate in a conference call with management on Friday, November 5, 2010 at 11:00 a.m. Eastern Daylight Time.


Kodiak Oil & Gas Corp. Q310 Financial and Operating Results
                           Conference Call
     -----------------------------------------------------------
   Date:      Friday, November 5, 2010
   -----      ------------------------
   Time:      11:00 a.m. EDT
   -----      --------------


              10:00 a.m. CDT
              --------------
                9:00 a.m. MDT
                -------------
                8:00 a.m. PDT
                -------------
               (877) 257-3168 (US/Canada) and (706) 643-3820
   Call:       (International); Passcode: 20070969
   -----      ----------------------------------------------
               Live and rebroadcast over the Internet: http://
   Internet:  
                              www.videonewswire.com/event.asp?id=73781
                           
   ---------  ------------------------------------------------
               Available through Friday, November 12, 2010 at
   Replay:     (800) 642-1687 (US/Canada)
   -------     --------------------------
               and (706) 645-9291 (International) using passcode:
               20070969 and for 30 days at
                              www.kodiakog.com
                           
               --------------------------------------------------

About Kodiak Oil & Gas Corp.

Denver-based Kodiak Oil & Gas Corp. is an independent energy exploration and development company focused on exploring, developing and producing oil and natural gas in the Williston and Green River Basins in the U.S. Rocky Mountains. For further information, please visit www.kodiakog.com . The Company's common shares are listed for trading on the NYSE Amex exchange under the symbol: "KOG."



   For further information, please contact:
   ----------------------------------------
   Mr. Lynn A. Peterson, CEO and President, Kodiak Oil & Gas Corp.
    +1-303-592-8075
   Mr. David P. Charles, Sierra Partners LLC +1-303-757-2510 x11

Audio source: http://www.videonewswire.com/event.asp?id=73781

SOURCE Kodiak Oil & Gas Corp.

Kodiak Oil & Gas Corp. Completes Williston Basin...

DENVER, Nov. 30, 2010 /PRNewswire via COMTEX/ -- Kodiak Oil & Gas Corp. (KOG), an oil and gas exploration and production company with assets in the Williston Basin of North Dakota and Montana, today announced that it closed the previously announced acquisition of Williston Basin oil and gas producing properties and undeveloped leasehold on November 30, 2010.

Included in the transaction are 23,133 gross and 14,494 net acres and production of approximately 500 net barrels of oil equivalent per day (BOE/d). The acreage provides Kodiak with the opportunity to develop over 60 net Bakken / Three Forks drilling locations. Kodiak paid $110 million in cash and received closing adjustments of approximately $1,350,000 from the August 1, 2010 effective date to closing. Kodiak funded the transaction through cash balances and through borrowings under credit facilities including its expanded reserve-based, revolving line of credit and a second-lien term loan. No common shares or other securities of Kodiak were issued in consideration of the acquired properties.

In connection with the acquisition, Kodiak and its lender, Wells Fargo Bank, N.A., entered into an amendment to and expansion of the Company's existing credit facility. The amendment increases the Company's committed capacity under its $200 million senior secured revolving line of credit facility from $20 million to $50 million. In addition, the Company entered into a loan agreement with Wells Fargo Energy Capital, Inc. which provides for a $75 million senior secured second-lien term loan facility with an initial commitment of $40 million. The expansion of the credit facilities is based primarily on Kodiak's drilling results to date and in part on production and reserves added through the acquisition.

Operations Update

Kodiak has commenced completion operations on its four-well pad in Dunn County, N.D. It is anticipated that all wells on this pad will be completed during December, at which time each of the wells will be simultaneously flowed back and turned to production facilities. Kodiak operates the four-well pad with a 50% working interest (WI) and a 41% net revenue interest (NRI). Oil, gas and water pipelines are being constructed and Kodiak expects that the wells will be connected to the pipeline infrastructure in early January 2011.

In McKenzie County, N.D., the Company has just completed drilling two wells, one a Bakken test and the other a Three Forks test. Completion work on the wells, which were drilled from a single pad, is expected to commence during the latter part of December and into January, with first production projected for the first quarter of 2011. Kodiak operates the two-well pad with a 95% WI and a 78% NRI.

As of November 30, 2010, and including the production associated with the acquisition, Kodiak was producing approximately 2,000 BOE/d Company-wide from its core Williston Basin properties. The Company forecasts a 2010 production exit rate range of 2,700 to 3,200 BOE/d and expects average daily production for fourth quarter 2010 to be approximately 2,100 BOE/d. The Company intends to furnish detailed guidance on expected production volumes for 2011 and to announce its 2011 capital expenditure budget in the coming weeks.

Including today's acquisition, Kodiak's acreage position in the Williston Basin now exceeds 72,000 net acres.

About Kodiak Oil & Gas Corp.

Denver-based Kodiak Oil & Gas Corp. is an independent energy exploration and development company focused on exploring for, developing and producing oil and natural gas in the Williston and Green River Basins in the U.S. Rocky Mountains. For further information, please visit www.kodiakog.com . The Company's common shares are listed for trading on the NYSE Amex exchange under the symbol: "KOG."

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking statements in this document include statements regarding the Company's operational, exploration and development plans, the Company's expectations regarding drilling and completion activities, the Company's expectations regarding capital expenditures and the Company's estimates and expectations regarding production and recoveries. Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission.


For further information, please contact:
Mr. Lynn A. Peterson, CEO and President, Kodiak Oil & Gas Corp. +1-303-592-8075
Mr. David P. Charles, Sierra Partners LLC +1-303-757-2510 x11



SOURCE Kodiak Oil & Gas Corp.

KOG  Kodiak Oil & Gas Corp. Announces Preliminary Capital... 

DENVER, Dec. 6, 2010 /PRNewswire via COMTEX/ -- Kodiak Oil & Gas Corp. (KOG), an oil and gas exploration and production company with assets in the Williston Basin of North Dakota and Montana and in the Green River Basin in southwestern Wyoming, today announced its preliminary 2011 capital expenditure budget (Capex) of $200 million. The 2011 budget compares to Kodiak's 2010 Capex budget of $75 million.

$200 Million 2011 Preliminary Capex Budget

Kodiak's Board of Directors has approved a $200 million preliminary 2011 Capex budget allocated to oil and gas activities in the Bakken and Three Forks oil play in the Williston Basin of North Dakota. The Company has allocated $150 million to the drilling of 28 gross (18.4 net wells) and completing of 26 gross (18.4 net) Kodiak-operated wells. Kodiak has allocated $10 million to the building of infrastructure for gathering systems and facilities.

Gross per-well investment for a 10,000-foot horizontal lateral well drilled in either the Bakken or Three Forks is projected to be $8 million to $9 million to drill, complete, equip and connect to pipeline infrastructure. The Company has scheduled delivery of its third operated rig for January 2011, which is expected to allow the Company to accelerate the development of its properties. The 2011 Capex includes three Kodiak-operated drilling rigs with a 38% to 100% working interest range for the operated wells. Kodiak's 2011 drilling program, the largest in Company history, was designed to provide flexibility in identifying suitable well locations and in the timing and size of capital investment.

Also included in the 2011 Capex is an estimated $40 million allocated to non-operated drilling activity, primarily in the Company's Area of Mutual Interest (AMI) with ExxonMobil Corporation located in Dunn County, N.D. Based upon current information, Kodiak anticipates that approximately 10 gross (5.0 net) wells will be drilled in the AMI in 2011 utilizing one drilling rig. Kodiak's non-operated working interest in the AMI is expected to range from 40% to 50%.

The Company has not allocated any Capex for drilling and completion activity in the Vermillion Basin in Southwestern Wyoming. Kodiak has a non-operated working interest in 40,600 gross acres (8,800 net acres) in this prospect area that is prospective for the Baxter Shale, a 3,000-foot-thick, condensate and gas-prone interval that is also referred to as the Niobrara Shale in other parts of Wyoming and Colorado. During 2010, Kodiak participated in the drilling and completion of a well operated by Devon Energy in the Vermillion Basin. The well has been turned to production facilities and is currently being evaluated. Kodiak's participation in future wells is subject to additional results from the recently completed well and to prevailing Rocky Mountain liquids and natural gas prices at time of election.

Kodiak's preliminary 2011 Capex budget is subject to market conditions, oilfield services and equipment availability, commodity prices and drilling results. Although potential leasehold acquisitions are not included in the preliminary Capex, the Company intends to continue to opportunistically add acreage in its core areas.

Kodiak expects to substantially fund the budget primarily from cash on hand, cash flow from operations and potential borrowings under its senior secured revolving credit facility, as well as from the anticipated proceeds from the offering of common shares announced today by the Company. As the Company successfully drills and completes wells during 2011, it expects that the borrowing capacity available under its revolving credit facility will expand, subject to the results of the regularly scheduled redeterminations contemplated by the revolving credit facility.

Based on 2010 results and the 2011 Capex budget, Kodiak expects to average 5,500 to 6,500 BOE per day in production for 2011 and exit 2011 at a production rate of 9,000 BOE per day or more, assuming commodity prices and service costs remain consistent.

Management Comments

Commenting on the 2011 Capex, Lynn Peterson, Kodiak's CEO and President said: "The 2011 Capex represents the largest projected investment in Company history. We believe that the Bakken program, characterized by low geological risk, remains a strong rate-of-return project for our invested capital with current commodity prices. The addition of the third operated drilling rig allows for the acceleration of our development drilling activity, including wells to be drilled on our recently acquired lands, which is expected to increase our operating cash flow with each new successful producer that we complete. In addition, we anticipate steady activity from ExxonMobil in our Dunn County AMI with their drilling program.

"Our third quarter wells, which continue to reflect the benefits of improved completion techniques, gave us further reason to move ahead with the 2011 Capex. The MC #13-34-28-1H and the MC #13-34-28-2H have demonstrated 90 day average production of 1,012 and 932 BOE per day, respectively, and continue to demonstrate the resource potential of our acreage."

"Optimization of well bore density, maximizing completion results and containing well costs will continue to be our focus in 2011. The wells that we are currently completing on our four-well pad should yield important results that will help us exploit the full potential of the Bakken and Three Forks reservoirs. As noted earlier, we have not included capital expenditures for acreage acquisition. However, as we move through the year, we will continue to look to acquire bolt-on leasehold that can help boost our drilling inventory, similar to our successful 2010 transactions."

About Kodiak Oil & Gas Corp.

Denver-based Kodiak Oil & Gas Corp. is an independent energy exploration and development company focused on exploring, developing and producing oil and natural gas in the Williston and Green River Basins in the U.S. Rocky Mountains. The Company's common shares are listed for trading on the NYSE Amex exchange under the symbol: "KOG."

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking statements in this document include statements regarding the Company's expectations of future performance; the Company's expectations regarding the amount and allocation of future capital expenditures and the sources and availability of capital resources; the Company's expectations regarding the benefits arising from the recently announced acquisition and any future acquisitions; the Company's expectations regarding the timing and success of its exploration and development plans and the future activities of its joint venture partner; the Company's expectations regarding drilling plans, including the timing of drilling commencement and drilling completion of our wells, the manner and stages in which wells are expected to be drilled, and the estimated cost to drill, complete and connect its planned wells; the Company's expectations regarding the mobilization, intended use and current planned future location of our rigs; the Company's expectations regarding midstream activities, including oil, gas and water disposal pipelines and water intake facilities; the Company's expectations regarding the laterals to be utilized; the Company's expectations regarding the future production of its oil and gas properties, the Company's expectations regarding the amount and sufficiency of future cash flows and the effectiveness of the Company's hedging and risk management strategy, design and activity. Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission.

The issuer will file a registration statement (including a prospectus) with the SEC for the offering to which this communication relates.

Before you invest, you should read the prospectus in that registration statement and other documents the issuer will file with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov . Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll free 1-800-221-1037.


For further information, please contact:
Mr. Lynn A. Peterson, CEO and President, Kodiak Oil & Gas Corp. +1-303-592-8075
Mr. David P. Charles, Sierra Partners LLC +1-303-757-2510 x11



SOURCE Kodiak Oil & Gas Corp.

KOG  Kodiak Oil & Gas Corp. is Today's Focus Stock... 
by GlobeNewswire  Dec 23 2010 6:50AM

DALLAS, Dec 23, 2010 (GlobeNewswire via COMTEX) -- MicroStockProfit.com announces an investment report featuring Kodiak Oil & Gas Corp. (KOG, Trade ). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

The full report is available at: www.microstockprofit.com/lp/KOG

Kodiak Oil & Gas Corp. (KOG) is an independent energy exploration and development company focused on exploring, developing and producing oil and natural gas in the Williston and Green River Basins in the U.S. Rocky Mountains. KOG was incorporated in 1972 and is headquartered in Denver, Colorado.

For only $19 a month, you can sign up for our real-time stock alert service. Click here to join now: http://www.pennystocklive.com/premium-membership/

In the report, the analyst notes:

"Wells Fargo recently started coverage on KOG's stock with an Outperform rating ... 'We believe Kodiak is a Bakken pure play with an impressive growth outlook and attractive valuation,' the Wells Fargo analyst wrote.

"KOG last week said it closed a public offering of 28.75 million shares of common stock at $5.50 per share. The net proceeds of the offering were about $149.4 million, after deducting underwriting discounts and commissions and KOG's estimated offering expenses."

To read the entire report visit: www.microstockprofit.com/lp/KOG

See what investors are saying about KOG at http://www.stockhideout.com

Get breaking news on KOG at http://thestockmarketwatch.com/

MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http://www.microstockprofit.com

MicroStockProfit.com Disclosure

MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: MicroStockProfit.com


CONTACT: MicroStockProfit.com
Brian Johnson
1-888-307-2850
[email protected]

CNBC just had someone on who expects oil to be at $110 at the end of the 1st quarter and there is a 1 in 4 chance that it will take out the $147 highs by late summer.
$147...would get the government into the mix and that always ends poorly.


Day's Range: 6.63 - 6.95
52wk Range: 2.08 - 6.95
Volume: 4,262,321
Avg Vol (3m): 3,575,780
Market Cap: 991.40M
P/E (ttm): 517.69
EPS (ttm): 0.01
Div & Yield: N/A (N/A)

Technicals
Record Price High
Most Actives

Last Price Quote is:
9.53%above 13-day EMA
33.38%above 50-day EMA
RS Rating: N/A