|
|
|
|
|
|
|
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 |
| |
|
| |
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 |
| |
|
| |
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 |
| |
|
| |
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 |
| |
|
| |
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
|
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 |
| |
|
| |
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 |
| |
|
| |
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 |
| |
|
| |
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 |
| |
|
| |
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 |
| |
|
| |
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 |
| |
|
| |
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 |
| |
|
| |
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 |
| |
|
| |
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 |
| |
|
| |
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
|
| |
|
| |
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 |
| |
|
| |
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 |
| |
|
| |
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 |
| |
|
| |
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
|
| |
|
| |
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
|
| |
|
| |
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
|
|
|