Print 
Kodiak Oil & Gas Corp. has commenced a private offering of $300 million in aggregate principal amount of senior notes due 2022 in a private placement to eligible investors.
The notes will be jointly and severally guaranteed on a senior basis by Kodiak's subsidiaries, Kodiak Oil & Gas (USA) Inc., Kodiak Williston, LLC and KOG Finance, LLC.
Kodiak intends to use the net proceeds of the offering to repay a portion of the outstanding debt under Kodiak's credit facility.