NEW YORK--(BUSINESS WIRE)--(Investrend Research Syndicate) In a Morning Note dated October 1, 2007, Ernest C. Schlotter, a senior analyst with Investrend affiliate SISM Research and a four star analyst according StarMine, has reaffirmed a "Speculative Buy/4" rating and a 12-18 month target price of $6.00-8.00 for Kodiak Energy Inc (OTCBB: KDKN - News).

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The full SISM report on KDKN, including important disclosures, disclaimers and analyst qualifications is available at http://www.sism.com and http://www.investrendresearch.com, or may be directly accessed via this link: http://investrend.com/Admin/Topics/Articles/Resources/ 483_1191290981.pdf. (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists). Investors are advised to read disclosures carefully before trading in the equities of any enrolled company.

According to analyst Schlotter's Morning Note:

"Last week, Kodiak successfully closed the acquisition of Thunder River Energy Inc. in a share and cash transaction, with the seller accepting $1M in cash and 7M in Kodiak shares. Thunder's two major assets are the EL 413 in the Northwest Territories and P&NG leases in New Mexico. Kodiak now owns 56.25% of EL 413 and 95% of the Sofia and Spear Draw Prospects in NM and intends to begin an aggressive development program to exploit these assets. In its previous report, SISM anticipated the successful closing of this transaction which is valued at more than $20 million. In addition, Kodiak announced last Friday that Research Capital has raised US$12.4M for the Company. More than 4.6 million Kodiak shares were sold between $2.50 and $3.00 to institutional and retail investors in Canada and Europe. The Company now has enough CAPEX money for the next 12 months to pursue its ambitious business plan to prove up the assets in NWT and New Mexico. Very soon, Kodiak will begin a seismic and gravity data survey in New Mexico, followed by a drilling program. If successful, revenue from NM could be on stream within the next 12 months, a major milestone for a junior O&G company. Since our last update two weeks ago, the stock price gained more than 17% and we strongly reaffirm our 12-18 month price target of $6.00 - 8.00."

Analyst Schlotter added:

"In New Mexico, Kodiak has gained control and now has a 95% Working Interest of 55,000 acres of P&NG leases. The New Mexico properties demonstrate the presence of oil, natural gas and CO2, and potential helium resources at shallow depth (2000-6000 feet). These properties are located near existing infrastructure and offer the possibility of dynamic short-term growth and significant near term cash flow. Natural gas potentials and commercial volumes of CO2 have been identified in existing wells on or adjacent property and are estimated at 587 Bcf of CO2."

SISM Research, based in Zurich, Switzerland, is a private investment research firm offering high-quality, independent, fundamental research on public companies since 1995. SISM Research writes, publishes and distributes research coverage on micro- to small-cap public companies trading on the OTC, NASDAQ and AMEX. This coverage is geared toward institutional and individual investors in both North America and in German-speaking Europe, a market that represents more than 100 million people. SISM Research is a content provider to Thomson Financials OneAnalytics/FirstCall and Investext, Reuters Multex, Knobias and Investrend.

Both SISM Research and Investrend Research subscribe to the exacting "Standards for Independent Research Providers" at http://www.firstresearchconsortium.com, as well as the CFA-NIRI Guidelines at http://www.cfainstitute.org. SISM's Research platform is also executed in accordance with Guidance set forth by U.S. Securities and Exchange Commission's Advisory Committee on Smaller Public Companies at http://www.sec.gov/info/smallbus/acspc/acspc-finalreport_d.pdf.

Kodiak Energy will pay SISM Research $1,750 per month over a two-year period solely to ensure independent coverage. SISM and Investrend Research take steps to ensure independence including setting fees in advance and utilizing analysts who must abide by CFA Institute Code of Ethics and Standards of Professional Conduct. Additionally, analysts may not trade in any security under coverage.

Complete information about this company is available at the company's InvestorPower page accessible from http://www.investrend.com/company/list.asp?sPathParam=yes, and the full report is available at http://www.sism.com and http://www.investrendresearch.com. Investors are advised to read disclosures carefully before trading in the equities of any enrolled company.

Anyone interested in receiving alerts regarding Kodiak Energy research should email contact@investrend.com or info@sism.com with "KDKN" in the subject line, or click on http://www.investrend.com/contact.asp.

Forward-Looking Statements: Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results.

Investrend Research Div.
Investrend Communications Inc.
R. Hempel, 718-896-5060
contact@investrend.com
http://www.investrendresearch.com
or
Kodiak Energy Inc.
Mark Hlady, CEO, 403-262-8044
m.hlady@kodiakpetroleum.com
http://www.kodiakpetroleum.com