CALGARY, ALBERTA--(MARKET WIRE)--May 14, 2007 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News), is pleased to announce that the seismic data for the North West Territories 2007 Little Chicago Seismic Program has been fully processed. An independent evaluation of the Little Chicago Exploration Licence (EL413) is now being prepared by a qualified engineering analyst. This report will provide an evaluation of the potential reserves on the property and is expected to be completed within 4 weeks.

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Kodiak is also very pleased to announce the hiring of 2 new members of the Geology and Geophysics team which will provide invaluable support in analyzing the seismic data and moving forward with the upcoming NWT drilling programs, planned for the winters of 2008/2009, and all other Kodiak development programs.

Mel Marshall has joined Kodiak as a consulting Geophysicist/Explorationist, integrating both Geology and Geophysics, and combining the exploration play with engineering and business strategies based on economics and corporate needs. Mel has over 20 years of oil and gas experience and is familiar with all aspects of oil and gas geophysics/geology including acquisitions, processing, VSP's, gravity, magnetic and various other geophysical and geological methods used for hydrocarbon detection. He has a solid background in engineering and economics for 'prospect and play' generation and easily applies this at the drill level or the strategic corporate level. Mel has extensive experience working in the Western Canadian Sedimentary Basin (WCSB) and additionally the last two companies he has worked with have given him Frontiers and International experience in both a technical and management roles.

Gary Graf has joined Kodiak as a consulting Geologist and has extensive experience in prospect evaluation and generation in the WCSB. Gary has over 20 years of oil and gas experience and has many multidisciplinary skills including mapping, log and core interpretations, formation evaluation, DST interpretation and water analysis evaluation which are used to develop prospects of all risk levels. Gary also has a fundamental knowledge of basic engineering principles and land strategies and has been involved in evaluating farm-in/out opportunities as well as acquisition candidates.

Kodiak Energy, Inc is a Calgary based oil and gas company focused on creating a portfolio of North American assets that offer not only immediate production and cash flow but growth through exploration. The Company has lease holdings in Montana, South Eastern Alberta, North Eastern Alberta, an agreement to purchase mineral rights both in the Northwest Territories and Northeast New Mexico.

This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the Company's proposed oil and gas related business. The Company's business is subject to various risks, which are discussed in the Company's filings with the Securities and Exchange Commission ("SEC"). The Company's filings may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such a statement.

     Contacts:
     Kodiak Energy, Inc.
     Mark Hlady
     CEO
     (403) 262-8044
     Website (English): http://www.kodiakpetroleum.com
     Website (German): http://www.kodiakpetroleum.ch