Kodiak Oil & Gas Company News

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Whiting's Proven Oil-Equivalent Reserves Up About a Third in 2014
Whiting Petroleum Corp says its proven reserves of oil equivalent have jumped nearly a third over the past year, thanks largely to its buyout earlier this month of rival Kodiak Oil & Gas.
7:00 PM EST | December 21, 2014
Whiting To Buy Kodiak For $3.8B, Create No. 1 Bakken Producer
Whiting Petroleum says it will acquire Kodiak Oil & Gas for $3.8B in stock, to become the largest producer in North Dakota's Bakken shale oil formations, eclipsing Harold Hamm's Continental Resources Inc.
8:00 PM EST | July 13, 2014
Kodiak Oil Production Rising After Latest Bakken Land Deal
Kodiak Oil & Gas Corp's purchase of 42,000 acres of leases in North Dakota's Bakken shale fields last June has helped boost the company's production, Chief Executive Lynn Peterson says.
8:00 PM EST | September 10, 2013
Kodiak O&G to Ramp Up Production at Williston Basin
The 2012 to 2013 drilling program is designed so that Kodiak is positioned to have nearly all of its acreage held by production by mid-2013, eliminating leasehold expiry across much of its 155,000 net acre position in the Williston Basin.
7:00 PM EST | February 06, 2012
Kodiak O&G Concludes Latest Williston Basin Acquisition
Kodiak O&G announced the closing of the previously announced acquisition of Williston Basin oil and gas producing properties and undeveloped leasehold.
7:00 PM EST | January 09, 2012
Kodiak O&G Closes Private Offering of Senior Notes
Kodiak O&G announced the closing of its private offering of $650 million in aggregate principal amount of senior notes.
7:00 PM EST | November 22, 2011
Kodiak O&G Prices Private Offering of Senior Notes
Kodiak O&G announced that it upsized and priced a private offering of $650 million in aggregate principal amount of senior notes.
7:00 PM EST | November 17, 2011
Kodiak O&G to Acquire Additional Acreage in Williston Basin
Kodiak O&G has entered into definitive purchase and sale agreements to acquire additional producing properties and undeveloped leaseholds in the Williston Basin.
7:00 PM EST | November 13, 2011
Kodiak O&G Closes Acquisition of Williston Properties
Kodiak O&G announced the closing of the previously announced acquisition of Williston Basin oil and gas producing properties and undeveloped leasehold.
8:00 PM EST | October 27, 2011
Kodiak Makes 'Significant Operational Strides' in 3Q11
Kodiak O&G provided an interim corporate update on recent drilling and completion activities and announced third quarter 2011 oil and gas sales volumes.
8:00 PM EST | October 17, 2011
Kodiak Extends Acreage in Williston Basin
Kodiak has entered into a definitive purchase and sale agreement with a private O&G company to acquire additional producing properties and undeveloped leasehold in the Williston Basin.
8:00 PM EST | September 27, 2011
Kodiak Drills Ahead in Williston Basin
Kodiak's four operated drilling rigs are presently drilling ahead on multi-well drilling pads in the Williston Basin.
8:00 PM EST | August 03, 2011
Kodiak Says Hello to New Board Members
Kodiak has approved the appointment of three of its executives to new positions with the Company.
8:00 PM EST | June 20, 2011
Kodiak Reports Weather Impact on 2011 Production
Kodiak updated its operations in the Williston Basin and discussed the first-half 2011 impact of weather conditions on Kodiak operations across the Basin.
8:00 PM EST | June 12, 2011
Kodiak to Acquire Assets in Williston Basin
Kodiak has entered into a definitive purchase and sale agreement with a private O&G company to acquire Bakken/Three Forks leasehold and producing properties in the Williston Basin.
8:00 PM EST | May 22, 2011
Kodiak Charges Ahead in Three Forks, Bakken Development
"Our drilling and completion operations in both McKenzie and Dunn counties continue to move forward. We are very pleased with the results," said Lynn A. Peterson.
8:00 PM EST | April 18, 2011
Kodiak to Mobilize 3rd Rig to Williston Basin
Kodiak will be mobilizing its third drilling rig in the Williston Basin within 30 days.
7:00 PM EST | March 02, 2011
Kodiak Touts 175% Increase in 2010
For the year-ended December 31, 2010, Kodiak reported O&G sales of $31.0 million, a 175% increase from the previous year and a Company record.
7:00 PM EST | March 02, 2011
Kodiak Makes Headway in Williston Basin
Kodiak provided an interim update on its Williston Basin oilfield activities. Kodiak currently operates a two-rig-drilling program in the Williston Basin, with one rig running in Dunn County and the second rig drilling ahead in McKenzie County.
7:00 PM EST | January 04, 2011
Kodiak Completes Williston Basin Acquisition
Kodiak has closed the previously announced acquisition of Williston Basin oil and gas producing properties and undeveloped leasehold on November 30, 2010.
7:00 PM EST | November 29, 2010
Kodiak to Take Stake in Williston Basin
Kodiak has entered into a definitive purchase and sale agreement with a private oil and gas company to acquire high-working-interest, contiguous Bakken/Three Forks Williston Basin leasehold and producing properties.
8:00 PM EST | October 19, 2010
Kodiak Welcomes New Board Member
Kodiak has appointed William J. Krysiak to serve as a member of the Company's Board.
8:00 PM EST | September 22, 2010
Kodiak Updates Ops in Williston Basin
Kodiak provided an interim update on its Williston Basin oilfield activities.
8:00 PM EST | September 20, 2010
Kodiak Bumps Up Production at Moccasin Creek Well
Kodiak provided initial production rates on its recently completed Moccasin Creek (MC) #13-34-28-2H well.
8:00 PM EST | August 08, 2010
Kodiak Drills Ahead Williston Basin
Basin-wide, Kodiak currently has four operated wells and three non-operated wells awaiting completion during the second half of 2010.
8:00 PM EST | June 29, 2010
Kodiak Enter $200MM Credit Facility
Kodiak has entered into a $200 million senior secured revolving line of credit facility.
8:00 PM EST | May 25, 2010
Kodiak Strengthens Position in Williston Basin
Kodiak has closed on two separate definitive purchase and sale agreements to acquire additional Williston Basin leasehold.
8:00 PM EST | April 05, 2010
Kodiak O&G Welcomes New CFO
Kodiak Oil & Gas has realigned its financial and accounting group.
8:00 PM EST | March 18, 2010
Kodiak Reports Financials for Q4, 2009
Kodiak announced its fourth quarter and full year 2009 financial and operational results. The Company also provided an interim operations update and reported estimated quantities of proved reserves as of December 31, 2009.
7:00 PM EST | March 11, 2010
Kodiak: 2010 Capex Largest Investment in Company History
Kodiak has announced its $60 million preliminary 2010 capital expenditure budget and has provided an interim update on its Williston Basin drilling and completion activities.
7:00 PM EST | December 17, 2009
Kodiak O&G Commences Public Offering of Common Stock
Kodiak Oil & Gas is commencing an offering of up to 10,000,000 shares of its common stock in a public offering.
8:00 PM EST | October 25, 2009
Kodiak Boasts 2 More Successfull Bakken Completions
Kodiak Oil & Gas has provided an interim update on its Williston Basin drilling and completion activities. Substantially all of Kodiak's FBIR leashold has now been proven productive for Middle Bakken oil.
8:00 PM EST | October 21, 2009
Kodiak O&G Cites 2 More Successful Bakken Completions
Kodiak Oil & Gas has provided an interim update on its Williston Basin drilling and completion activities.
8:00 PM EST | September 08, 2009
Kodiak Oil & Gas Updates on Williston Basin Drilling, Completion Activities
Kodiak has provided an interim update on its Williston Basin drilling and completion activities.
8:00 PM EST | June 23, 2009
Energy Cos Pounce on Price, Equities Rally by Raising Capital
Independent crude oil and natural gas producers are taking advantage of the commodity price and broader stock market rally by raising capital.
8:00 PM EST | May 12, 2009
Kodiak Oil & Gas Updates on Operations at Williston, Vermillion Basins
Kodiak Oil & Gas has provided an operations update for its US assets.
7:00 PM EST | January 07, 2009
Kodiak Starts Up Well at Horseshoe Basin, Rigs Up at Williston Basin
Kodiak Oil & Gas has commenced Vermillion Basin production in Wyoming, and rigging up operations on Kodiak's new-built rig are nearing completion at its Williston Basin operations in North Dakota.
7:00 PM EST | November 17, 2008
Kodiak Hopeful about 2009 U.S. Drilling Operations
Kodiak Oil & Gas has provided an activity update for its U.S. assets in conjunction with its third quarter 2008 financial and operating results also issued today.
7:00 PM EST | November 05, 2008
Kodiak Keeps Drilling in Wyoming, North Dakota
In Wyoming, drilling activities commenced in late August in the Vermillion Basin to further evaluate the Baxter shale. In North Dakota, Kodiak continues to assemble drilling permits in the Bakken shale play.
8:00 PM EST | September 16, 2008
Kodiak Unveils Pricing of Underwritten Public Offering
Kodiak Oil & Gas announced the pricing of an underwritten public offering of 6,000,000 shares of its common stock at a price of $2.75 per share.
8:00 PM EST | August 06, 2008
Kodiak Oil & Gas Names Keith Doss Chief Financial Officer
Kodiak Oil & Gas Corp. announced that it has named Keith Doss as its Chief Financial Officer.
8:00 PM EST | May 01, 2008
Kodiak Receives Bakken Play Environmental Assessment Approval
Kodiak Oil & Gas Corp. has received a Finding of No Significant Impact and the necessary approval of the environmental assessment with respect to the Tall Bear #16-15H well on the Fort Berthold Reservation in Dunn County, N.D.
8:00 PM EST | April 07, 2008
Bear Necessities: Kodiak Loses CFO
Henderson is resigning to pursue other opportunities with a privately held oil and gas company and will remain as Kodiak's Chief Financial Officer to ensure the completion of the Company's filing for Q1 2008.
8:00 PM EST | April 07, 2008
Kodiak Roars Ahead with Vermillion Basin Exploration Agreement
Kodiak and Devon have set forth terms and conditions that create an Area of Mutual Interest (AMI) for the exploration, leasing, and development of certain of Kodiak's Vermillion Basin, Wyoming oil and gas properties.
7:00 PM EST | January 30, 2008
Kodiak Focusing on Learning Curve with Promising Rockies Play
Kodiak Oil & Gas Corp. on Friday provided an update on its North Trail Federal #4-35 well in the Vermillion Basin in Wyoming.
8:00 PM EST | June 21, 2007
Kodiak Names Henderson Finance Chief
Kodiak Oil & Gas Corp. announced that James Henderson has joined the company as Chief Financial Officer, effective May 24, 2007.
8:00 PM EST | May 06, 2007
Kodiak to Voluntarily Delist from TSX Venture Exchange
Kodiak Oil & Gas Corp. has notified the TSX Venture Exchange that it intends to voluntarily de-list its shares from the TSX Venture Exchange at the close of business on April 20, 2007.
8:00 PM EST | April 19, 2007
Northern Oil, Kodiak Sign Montana Participation Deal
Northern Oil and Gas, Inc. has signed a participation agreement with Kodiak Oil & Gas for the CB Teigen Trust 9-13 well in Sheridan County, Montana. This well is the first step-out well to Kodiak's Larsh 2-13 discovery.
8:00 PM EST | April 08, 2007
Kodiak Reports Losses for Q4, Full Year
Kodiak Oil & Gas Corp. on Monday reported financial and operating results for the three months and 12 months ended December 31, 2006.
8:00 PM EST | March 18, 2007
Kodiak Completes Vermillion Basin Well
Kodiak Oil & Gas Corp., which has assets in the Green River and Williston basins, on Wednesday provided an update on its 2007 drilling program in the Vermillion Basin in Wyoming and in the Williston Basin in North Dakota.
7:00 PM EST | January 23, 2007