Links:
- Home:
   

 



 

 

 

 

  
  
Kodiak Energy, Inc. (KDKN)   
  

SEC Filings

News

Earning Estimates

SISM Ratings for KDKN

Daily Chart

Light Sweet Crude Price

Natural Gas Price

Rating   Target
Price
Current Price

Market
Cap

Spec. Buy 6.00 $1.53   $170.0M

SISM Research Next Qtr. Est.
Revenue  

EPS

10K2007 0$ ($0.03)

04.14.08
KDKN: KODIAK ENERGY´S “SPECULATIVE BUY/4 R ATING AND US$ 6.00 TARGET PRICE REAFFIRMED IN SISM RESEARCH UPDATE
Calculated Appraised Net Worth Per Share Is $6.01 Based On Combined Valuation Given by Third Party Engineering Reports. In a report dated April 11, 2008, Ernest C. Schlotter, a senior analyst with SISM Research and a four star analyst according to StarMine, has reiterated his "Speculative Buy/4" rating for Kodiak Energy, Inc. (OTCBB: KDKN) (TSX Venture: KDK ) and maintains its 12-18 month target price of $6.00.Full Report - HTML Analyst Report - PDF
   
03.12.08
KDKN: KODIAK ENERGY, INC. NEW MEXICO FIRST WELL OPERATIONS UPDATE
CALGARY, ALBERTA--(MARKET WIRE)--Mar 12, 2008 -- Kodiak Energy, Inc. (CDNX:KDK.V - News) and (OTC BB:KDKN.OB - News) ("Kodiak" or the "Corporation") is pleased to announce that the Sofia #2 well in northeastern New Mexico, was spudded on March 1/2008 and was drilled to total depth and cased on March 11/2008. CO2 was found in three formations, two of which were the targeted formations. Well site samples showed 100% quality CO2 from the formations. CO2 is in high demand for enhanced recovery of oil in the Permian Basin of southwest Texas. Full Report - HTML
   
03.11.08
KDKN: KODIAK ENERGY, INC. ANNOUNCES INITIAL RESULTS OF TESTNG OF MUSKWA FORMATIONS LUCY PROJECT
CALGARY, ALBERTA--(MARKET WIRE)--Mar 11, 2008 -- Kodiak Energy, Inc. (CDNX:KDK.V - News) and (OTC BB:KDKN.OB - News) ("Kodiak" or the "Corporation") is pleased to announce that the first set of lab results relating to the Lucy Project has been returned to the company on March 7, 2008 - revealing average Total Organic Compounds (TOC) values of 3.68% with peaks of 5.7%. The formation thickness demonstrated by the drilling logs shows approximately 60 meters. Kodiak will receive additional lab results as they become available in the near future. Management's data and calculations suggest 20bcf of gas per section as a baseline Muskwa resource estimate. Full Report - HTML
   
03.10.08
KDKN: KODIAK ENERGY, INC. COMPLETES EL 413 NORTHWEST TERRITORIES NEW SEISIC PROGRAM “LITTLE CHICAGO”
CALGARY, ALBERTA--(MARKET WIRE)--Mar 10, 2008 -- Kodiak Energy, Inc. (CDNX:KDK.V - News) and (OTC BB:KDKN.OB - News) ("Kodiak" or the "Corporation") is pleased to announce that the new seismic acquisition program for the high impact Little Chicago project located in the Northwest Territories (NWT) for 2008 is now complete. Full Report - HTML
   
02.25.08
KDKN: KODIAK ENERGY; INC: ANNOUNCES COMMENCEMENT OF DRILLING ON NEW MEXICO PROPERTIES
CALGARY, ALBERTA--(MARKET WIRE)--Feb 25, 2008 -- Kodiak Energy, Inc. (CDNX:KDK.V - News)(OTC BB:KDKN.OB - News) ("Kodiak" or the "Corporation") is pleased to announce that it has received all the required permits and licenses for its drilling program in New Mexico. Full Report - HTML
   
02.07.08
KDKN: KODIAK ENERGY; INC: ANNOUNCES COMMENCEMENT OF NEW EL 413 SEISMIC PROGRAM
CALGARY, ALBERTA--(MARKET WIRE)--Feb 7, 2008 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News) and (CDNX:KDK.V - News) ("Kodiak" or the "Corporation") is pleased to announce that it has received on February 1/2008, all the required permits for the 2008 Winter Seismic Program on EL 413 "Little Chicago". Full Report - HTML
   
02.01.08
KDKN: KODIAK ENERGY, INC. ANNOUNCES INCREASED WORKING INTEREST IN THE LUCY PROPERTY
CALGARY, ALBERTA--(MARKET WIRE)--Feb 1, 2008 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News) and (CDNX:KDK.V - News) ("Kodiak" or the "Corporation") is pleased to announce that it has increased its working interest in the Lucy property to 80%. Full Report - HTML
   
01.31.08
KDKN: KODIAK ENERGY, INC. ANNOUNCES COMMENCMENT OF DRILLING/ SEISMIC PROGRAM WITH OPERATIONS UPDATE ON ITS NEW MEXICO PROPERTIES
CALGARY, ALBERTA--(MARKET WIRE)--Jan 31, 2008 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News) and (CDNX:KDK.V - News) ("Kodiak" or the "Corporation") is pleased to announce commencement of its exploration/development program for its New Mexico properties and provide a operations update to the project. Full Report - HTML
   
12.06.07
KDKN: KODIAK ENERGY, INC. WILL COMMENCE DRILLING PROGRAM ON ITS LUCY PROPERTY
CALGARY, ALBERTA--(Marketwire - Dec. 6, 2007) - Kodiak Energy, Inc. (OTCBB:KDKN - News; "Kodiak" or the "Corporation") is pleased to announce commencement of a drilling program for its project known as Lucy Property located in NE British Columbia Full Report - HTML
   
12.04.07
KDKN: KODIAK ENERGY, INC. APPOINTMENT OF WILLIAM TIGHE AS CHIEF EXECUTIVE OFFICER
CALGARY, ALBERTA--(Marketwire - Dec. 4, 2007) - Kodiak Energy, Inc. (OTCBB:KDKN - News; "Kodiak" or the "Corporation") is pleased to announce the appointment of William Tighe as Chief Executive Officer (CEO). Full Report - HTML
   
10.02.07
KDKN: KODIAK ENERGY COMPLETES THUNDER RIVER ENERGY ACQUISITION AND CLOSES $12.4M PRIVATE PLACEMENT, SAYS INVESTREND RESEARCH AFFILIATE SISM RESEARCH
(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). Full Report - HTML Analyst Report - PDF
   
09.28.07
KDKN: KODIAK ENERGY, INC. ANNOUNCES CLOSING OF ACQUISTION
CALGARY, ALBERTA--(MARKET WIRE)--Sep 28, 2007 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News) ("Kodiak" or the "Corporation") is pleased to announce that it has closed its previously announced acquisition (the "Acquisition") of certain oil and gas assets in the Northwest Territories, Canada and New Mexico, United States (the "Assets") pursuant to an acquisition agreement between the Corporation, Thunder River Energy Inc. ('Thunder") and CIMA Holdings Inc. ("CIMA"). Pursuant to the Acquisition, and as partial consideration for the Assets, the Corporation paid US$1,000,000 to the Sellers and issued to them a total of 7,000,000 common shares. The Corporation also agreed to issue to Thunder up to a further 6,000,000 common shares upon the achievement of certain milestones related to the Assets. Full Report - HTML
   
09.18.07
KDKN: KODIAK ENERGY “SPECULATIVE BUY” RATING REAFFIRMED BY INVESTREND AFFILIATE SISM RESEARCH
(Investrend Research Syndicate) Ernest C. Schlotter, a senior analyst with Investrend affiliate SISM Research and a four star analyst according StarMine, has reiterated a "Speculative Buy/4" rating for Kodiak Energy Inc. (OTCBB: KDKN) and increased its 12 – 18 month target price to $6.00 - $8.00 in a report dated September 14. Full Report - HTML Analyst Report - PDF
   
08.22.07
KDKN: KODIAK ENERGY INC; CORRECTION TO PRESS RELEASE DATED AUGUST 21, 2007
CALGARY, ALBERTA--(MARKET WIRE)--Aug 22, 2007 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News) ("Kodiak" or the "Company") is pleased to announce that it has entered into an agreement with an investment banking firm to act as lead agent and sole-book-runner, on a best-efforts agency basis, for a private placement offering (the "Offering") of approximately C$13,500,000. The Offering shall consist of approximately C$6,750,000 in common shares of Kodiak (the "Common Shares") and approximately C$6,750,000 in common shares of Kodiak issued on a "flow-through" basis (the "Flow-Through Shares"). The investment banker has also been granted an option to increase the size of the Offering by up to C$3,500,000 in Common Shares, exercisable at any time up to and including the closing of the Offering. Full Report - HTML
   
08.21.07
KDKN: KODIAK ENERGY ANNOUNCES $13,5 MILLION FINANCING
CALGARY, ALBERTA--(MARKET WIRE)--Aug 21, 2007 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News) ("Kodiak" or the "Company") is pleased to announce today that it has entered into an agreement with Research Capital Corporation ("Research Capital") to act as lead agent and sole-bookrunner, on a best-efforts agency basis for a private placement offering (the "Offering") of approximately C$13,500,000. The Offering shall consist of approximately C$6,750,000 in common shares of Kodiak (the "Common Shares") and approximately C$6,750,000 in common shares of Kodiak issued on a "flow-through" basis (the "Flow-Through Shares"). Research Capital has also been granted an option to increase the size of the Offering by up to C$3,500,000 in Common Shares, exercisable at any time up to and including the closing of the Offering. Full Report - HTML
   
07.12.07
KDKN: KODIAK ENERGY ANNOUNCES IT HAS ENTERED INTO A BINDING AGREEMENT TO ACQUIRE 100 PERCENT OF THE ASSETS OF THUNDER RIVER FOR $27,000,000
Kodiak Energy, Inc. (OTC BB:KDKN.OB - News) is pleased to announce it has concluded a binding agreement to acquire 100% of the assets of Thunder River Energy Inc. for a purchase price of up to $27,000,000. Full Report - HTML
   
06.28.07
KDKN: KODIAK ENERGY ANNOUNCES PROJECT FINANCING AND PLANS TO CONTINUE DEVELOPMENT OF THE NWT FARM-IN
CALGARY, ALBERTA--(MARKET WIRE)--Jun 28, 2007 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News) is pleased to announce that upon review by management, and the Board of Directors, that it will move forward EL 413 (Little Chicago) to further define the project with plans for additional seismic to be followed up with drilling programs based on that work. Full Report - HTML
   
06.13.07
KDKN: KODIAK STARTS INITIAL WORK FOR NEW MEXICO SEISMIC PROGRAM
CALGARY, ALBERTA--(MARKET WIRE)--Jun 13, 2007 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News), is pleased to announce that initial work has started on the planned seismic program for the New Mexico properties. Kodiak expects to initiate and complete the seismic program by end of Q3, 2007. Full Report - HTML
   
05.14.07
KDKN: KODIAK CONTINUES TO STAFF UP IN PREPARATION OF UPCOMING DRILLING PROGRAMS
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. Full Report - HTML
   
04.25.07
KDKN: KODIAK ENERGY HAS HUGE RESOURCE UPSIDE POTENTIAL OF $49 PER SHARE IN ITS LITTLE CHCAGO PROSPCET, ‘SPECULATIVE BUY’ RATING REAFFIRMED BY INVESTREND RESEARCH AFFILIATE SISM RESEARCH
April 25, 2007 (FinancialWire) (Investrend Research Syndicate) (Investrend Research Syndicate) In a report dated April 23, 2007, SISM analyst Ernest Schlotter, a senior analyst with Investrend affiliate SISM Research and a four star analyst according to StarMine, has reiterated a "Speculative Buy/4" rating for Kodiak Energy Inc. (OTCBB: KDKN) in his most recent research update. Full Report - HTML Summary Analyst Report - PDF
   
04.18.07
KDKN: KODIAK SEISMIC PROGRAM UPDATE
CALGARY, ALBERTA--(MARKET WIRE)--Apr 18, 2007 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News) as was previously announced - the North West Territories (NWT) Little Chicago Seismic Program for 2007 is complete. The seismic data is now in the processing lab and results are expected in 4 to 6 weeks. To be followed up by an engineering review by June 30. Full Report - HTML
   
04.02.07
KDKN: KODIAK COMPLETES SEISMIC PROGRAM, HIRES NEW VP OPERATONS AND ADDS TO ADVISORY BOARD
CALGARY, ALBERTA--(MARKET WIRE)--Apr 2, 2007 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News) is pleased to announce that the North West Territories (NWT) Little Chicago Seismic Program for 2007 is now complete. The seismic data is now in the processing lab and results are expected in 6 to 8 weeks. Full Report - HTML
   
03.20.07
KDKN: KODIAK ANNOUNCES SEISMIC PROGRAM 95% COMPLETE-INITIAL REVIEW SHOWS POTENTIAL FOR LARGER OIL AND GAS RESERVES THAN PREVISOULY PUBLISHED
CALGARY, ALBERTA--(MARKET WIRE)--Mar 20, 2007 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News) is pleased to announce that the Company has nearly completed a $5 million, 84 kilometre seismic program covering its "Little Chicago Prospect" in the North West Territories with demobilization left. The project has been successful with benefit plans negotiated, applications submitted, and permits were granted in very short periods of time. Despite the compressed timelines, local content was maximized wherever possible with local contractors. Full Report - HTML
   
03.19.07
KDKN: KODIAK ENERGY INC. ANNOUNCES TERMS OF ITS DEFINITIVE AGREEMENT TO ACQUIRE CONTROL OF THUNDER RIVER ENERGY
CALGARY, ALBERTA--(MARKET WIRE)--Mar 19, 2007 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News) is pleased to announce it has terms for a definitive agreement to acquire Thunder River Energy. Kodiak is reserving for issuance 6,867,412 common shares of Kodiak at a issue price of $1.75 per share. The transaction gives Kodiak controlling interest of Thunder with Kodiak having 57% upon closing. Full Report - HTML
   
03.05.07
KDKN: SEISMIC PROGRAM IS OVER 74% COMPLETE
CALGARY, ALBERTA--(MARKET WIRE)--Mar 5, 2007 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News) is pleased to announce that the Seismic Program for Little Chicago is progressing well - with the strong cooperation of the Aboriginal workers and contractors, the project is over 75% complete (140km of access ice roads, 2 km of ice bridges, 100% clearing of right of ways, 40% drilling of shot holes, and data acquisition to start on March 8) and is expected to be finished on schedule for March 15/16, 2007 and on budget. Full Report - HTML
   
02.21.07
KDKN: KODIAK ENERGY OPERATIONAL UPDATE
CALGARY, ALBERTA--(MARKET WIRE)-- Feb 21, 2007 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News) is pleased to announce that It has received the Seismic Permit for its Little Chicago Seismic Program EL 413 from the NEB and the actual 85 Km program starts Feb 22, 2007. Full Report - HTML
   
01.16.07
KDKN: KODIAK ENERGY ACQUIRES THUNDER RIVER ENERGY, INC.
CALGARY, ALBERTA--(MARKET WIRE)--Jan 16, 2007 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News) is pleased to announce that it has signed an agreement to purchase a majority share of Thunder River Energy, Inc. subject to final due diligence. Full Report - HTML
   
01.16.07
KDKN: KODIAK ENERGY ACQUIRES THUNDER RIVER ENERGY, INC.
CALGARY, ALBERTA--(MARKET WIRE)--Jan 16, 2007 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News) is pleased to announce that it has signed an agreement to purchase a majority share of Thunder River Energy, Inc. subject to final due diligence. Full Report - HTML
   
11.17.06
KDKN: KODIAK ENERGY MAINTAINED WITH SPECULATIVE BUY BY INVESTREND RESEARCH AFFILIATE SISM RESEARCH, NEW LAND ACQUISITIONS OFFERS POTENTIAL TO UNLOCK RESERVES WORTH MORE THAN $2.3 BILLION ($19 PER SHARE)
NEW YORK--(BUSINESS WIRE)—November 17, 2006--(InvesTrend Research Syndicate) Ernest C. Schlotter, a senior analyst with InvesTrend affiliate SISM Research and a four star analyst according to StarMine, has reiterated his “Speculative Buy” rating for Kodiak Energy, Inc. (OTCBB: KDKN). Summary Analyst Report - PDF
   
10.16.06
KDKN: KODIAK PETROLEUM ACQUIRES WORKING INTEREST IN A HIGH IMPACT GAS PROJECT; NORTHERN BRITISH COLUMBIA, POTENTIAL RESERVES IN EXCESS OF 100 BCF. DRILLING EXPECTED IN 4-6 WEEKS
CALGARY, ALBERTA--(MARKET WIRE)--Oct 16, 2006 -- Kodiak Energy, Inc. (OTCBB KDKN), is pleased to announce that its subsidiary, Kodiak Petroleum ULC., has negotiated a working interest from Highwood Exploration (Canada).Inc as one of a consortium of companies who have signed a "Farmout and Participation Agreement" to test the Lucy prospect located 40 miles northeast of Fort Nelson British Columbia. The agreement calls for the test well operator, Pennine Petroleum Corporation of Calgary, subject to certain conditions, to spud the test well in the month of September or October 2006. Full Report - HTML
   
10.02.06
KDKN: KODIAK BEGINS DRILLING IN MONTANA
CALGARY, ALBERTA--(MARKET WIRE)--Oct 2, 2006 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News) ("Kodiak"), is pleased to announce the commencement of drilling programs in Montana targeting in excess of 500 bcf of low cost shallow drilling initiatives on the 100,000 acre leases in north central, Montana. Full Report - HTML
   
09.25.06
KDKN: KODIAK SIGNS JOINT VENTURE EXPLORATION AGREEMENT ON OIL AND GAS ASSETS IN NEW MEXICO
CALGARY, ALBERTA--(MARKET WIRE)--Sep 25, 2006 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News), is pleased to announce that it has entered into a joint venture agreement with Thunder River Energy Inc. of Calgary, and Thunder River Energy's subsidiary holding company in New Mexico. Full Report - HTML
   
09.19.06
KDKN: KODIAK ENERGY MAINTAINED WITH ‘SPECULATIVE BUY’ RATING AND 12 MONTH TARGET PRICE OF $4.00 BY INVESTREND RESEARCH AFFILIATE SISM RESEARCH
NEW YORK--(BUSINESS WIRE)—September 19, 2006--(Investrend Research Syndicate) Ernest C. Schlotter, a senior analyst with Investrend affiliate SISM Research and a four star analyst according to StarMine, has reiterated a “Speculative Buy” rating and 12-month target price of $4.00 for Kodiak Energy, Inc. (OTCBB: KDKN). Full Report - HTML Summary Analyst Report - PDF
   
09.18.06
KDKN: KODIAK COMPLETES SUCCESSFUL WELL, BEGINS PRODUCTION OF 375 MSCF/DAY IN SOUTHERN ALBERTA
CALGARY, ALBERTA--(MARKET WIRE)--Sep 18, 2006 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News), and its subsidiary Kodiak Petroleum ULC are please to announce the first well on its Granlea property in Southern Alberta has been put into production at an average rate of 375 mscf/d. This closely matches the Company's projected rates. Full Report - HTML
   
09.14.06
KDKN: KODIAK ENERGY GAINS 25.93% ON HIGHER VOLUME
September 14, 2006 (FinancialWire) Kodiak Energy Inc (OTCBB: KDKN) gained 25.93% Wednesday on volume of 50,200, which was higher than its average 43,356, to end the day at $1.70. Kodiak Energy is covered by Investrend Research affiliate SISM Research's analyst, Ernest C. Schlotter, a senior securities analyst covering energy stocks with SISM, and a four star analyst for EPS accuracy, according to StarMine. Full Report - HTML
   
09.13.06
KDKN: KODIAK PETROLEUM SIGNS MAJOR NWT PROJECT IN THE MACKENZIE RIVER VALLEY
CALGARY, ALBERTA--(MARKET WIRE)--Sep 13, 2006 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB), and its subsidiary Kodiak Petroleum ULC are pleased to announce a farmin agreement with Dual Exploration Inc. on Exploration Licence EL 413 located within the Grandview Hills area of the Northwest Territories. This is in conjunction with the previously announced Farm-in on the same license with Thunder Energy Ltd. Full Report - HTML
   
06.23.06
KDKN: KODIAK DRILLS SUCCESSFUL WELL
CALGARY, ALBERTA--(MARKET WIRE)--Jun 23, 2006 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB), is pleased to announce that its joint venture partner has drilled a successful well on the Granlea property. The Granlea well which was drilled by Kodiak's joint venture partner in May was perforated and tested for 48 hours. The well is successful and will be tied into existing facilities by the fall of 2006. Based on the testing conducted it is expected that the well will flow approximately 400mcf/d. Kodiak has a 50% interest in the well. Full Report - HTML
   
05.11.06
kdkn: KODIAK ENERGY RATED SPECULATIVE BUY/E WITH 12-MONTH PRICE TARGET BY SENIOR RESEARCH ANALYST ERNEST C. SCHLOTTER
Kodiak Energy, Inc. (OTCBB: KDKN), an early stage emerging resource player with an exploration kicker, offers tremendous opportunities for growth with its extensive resources and its connections to the Alberta, Montana, Utah, and California oil patches, according to Investrend Research affiliate SISM Research analyst Ernest C. Schlotter. Full Report - HTML Summary Analyst Report - PDF
   
04.27.06
kdkn: KODIAK ENERGY SIGNS LOI FOR UTAH HEAVY OIL PROJECT
CALGARY, ALBERTA--(MARKET WIRE)--Apr 27, 2006 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News), is pleased to announce that the company has signed a letter of intent ("LOI") with Reibanc USA, Inc., for 22% of a heavy oil project in the Unita Basin in Utah. Full Report - HTML
   
04.25.06
kdkn: KODIAK INITIATES SUCCESSFUL DRILL PROGRAM IN ALBERTA AND APPOINTS MARVIN JONES TO THE BOARDSky Petroleum Approaches Reservoir Depth
CALGARY, ALBERTA--(MARKET WIRE)--Apr 25, 2006 -- Kodiak Energy, Inc. (OTC BB:KDKN.OB - News), is pleased announce the successful drilling of two wells in Manyberries, Southern Alberta. The Company will announce further results as they become available. As well, Kodiak is pleased to welcome Mr. Marvin Jones to the Board of Directors. Full Report - HTML
   
11.25.05
kdkn: KODIAK ENERGY INITIATING COVERAGE WITH A SPECULATIVE BUY/4 RATING BY INVESTREND AFFLILIATE SISM RESEARCH
Kodiak Energy Inc. (NASDAQ:BB:KDKN) is an early stage oil & gas company seek-ing opportunities in Montana and Alberta, Canada. Kodiak’s extensive resources and its connections to the Alberta and Montana oil patch offer the Company tremendous oppor-tunities for growth. In a very short time, the Company acquired one property in Mon-tana with at least 210 drilling targets and two properties in Alberta. Now, Kodiak has an inventory of between 290 – 500 low-cost drilling opportunities that are expected to drive production and reserve growth for the next few years. Once fully developed, the Company could unlock more than 290 Bcfe in potential reserves and could be valued at up to $650 million. In our view, a failure to raise sufficient Capex money reflects the biggest risk for the Company to fail in its ambitious drilling and development program. Based on its strong business affiliates, excellent drilling prospects in Montana and Alberta, strong commodity prices, and experienced management team with a proven track record of operating performance, we recommend Kodiak Energy Inc. as a long term Speculative Buy/4. Full Analyst Report - PDF
 
      HOME  | About SISM   |  Our Research |  Research Distribution   |  
 
 © Copyright 2003 SISM Research  |   Member First Research Consortium  |   SISM Research, Erlenweg 15, Zurich-Kloten 8302 Switzerland.