Kodiak Oil & Gas Corp. (Toronto Venture: KOG.V).(Interview)

Publication: Oil and Gas Investor

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COPYRIGHT 2005 Hart Publications, Inc.

Oil and Gas Investor: Briefly describe the strategy that drives your company.

Peterson: Our company is really focused in two areas. We're trying to balance our gas and our oil plays. We're in southwest Wyoming and up in Montana and North Dakota in the Williston Basin. Our strategy is to develop prospects, bring investment partners in and participate in the development of these plays.

OGI: What are your core drilling and production areas?

Peterson: We're focused in two specific areas. First is the Green River Basin on the west side of the Washakie Basin at the southern end of the Rock Spring uplift. We have a series of unconventional gas prospects that include coalbed methane and tight-gas sands. The other area that we're working is in the Williston Basin where we're involved in the horizontal Bakken play as well as conventional Williston plays in Mission Canyon and the Red River.

OGI: Do you anticipate expanding into any new core areas this year?

Peterson: Probably not this year. We're going to maintain our focus and try to develop these two areas....

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