Operational Updates
Kodiak Oil & Gas Increasing Bakken Lateral and Frac Stages

Kodiak Oil & Gas Corp. today provided an interim corporate update on recent drilling and completion activities.
Interim Drilling and Completion Operations Update
In the Polar project area in southern Williams County, North Dakota, Kodiak recently completed two wells, each with a 94% working interest (WI) and a 74% net revenue interest (NRI). The wells were drilled and completed on a two-well pad.
In the Koala Project area in McKenzie County, fracture stimulation procedures were recently completed on two additional wells in the Koala project area. These wells, the Koala 15-31-30-2H and the Koala 15-31-30-3H, were completed in the Middle Bakken Formation and will be flow tested and placed on production in the coming days. Kodiak owns a 98% WI and a 79% NRI in each of these two wells.
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