Kodiak Energy Begins 'Little Chicago' Seismic Program

Kodiak Energy, Inc. has received on February 1/2008, all the required permits for the 2008 Winter Seismic Program on EL 413 "Little Chicago."

Work has commenced immediately and crews and equipment have been mobilized. The project is expected to be completed March 31, 2008. At which time the data will be sent for analysis and processing.

This exploration license comprises 200,000 acres in the Northwest Territories of which Kodiak has majority working interest at 56.25% and is operator. Work continues to define the drilling program with the partners on the license.

Kodiak completed a successful 84 km seismic acquisition program on these properties in the winter of 2006 - 2007.