Kodiak Oil & Gas Corp. Agrees To Acquire Additional Williston Basin Assets; Proposed Transaction Would Add 42,000 Net Acres And ~6,000 BOE/d Of Current Net Production

Transaction Highlights Include:

– COMPLEMENTARY, TOP-TIER MCKENZIE AND SOUTHERN WILLIAMS COUNTIES LEASEHOLD ADJACENT TO EXISTING KODIAK CORE OPERATING AREAS

– UPON CLOSING, KODIAK WOULD CONTROL ~200,000 NET ACRES FOR FUTURE WILLISTON BASIN DEVELOPMENT

DENVERJune 3, 2013 /CNW/ – Kodiak Oil & Gas Corp. (NYSE: KOG), an oil and gas exploration and production company with primary assets in the Williston Basin, today announced that it has entered into a definitive purchase and sale agreement with Liberty Resources (“Liberty”), a Denver-based private oil and gas company, to acquire additional core Bakken and Three Forks producing properties and undeveloped leasehold in the Williston Basin of North Dakota. Read the full article