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Kodiak Details Q3 Bakken/Three Forks Well Operations

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Kodiak Oil & Gas Corp. has reported operational results for the third quarter ended September 30, 2012.

Commenting on recent activities, Kodiak's Chairman and CEO, Lynn A. Peterson said:  "The Company continues to execute its planned drilling and completion program.  As noted earlier, our drilling times have decreased significantly with several wells being drilled in less than 20 days.  Since we are completing all of our wells through cemented liners, we have eliminated the completion issues that we experienced earlier in the year.  By drilling multi-well pads and utilizing zipper frac's, we have reduced our completion times. 

"Our team is diligently working on well bore down-spacing potential, as well as testing additional Three Forks Formation intervals.  Work has begun to obtain the…

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