Oil and Gas

Kodiak Oil & Gas Corp. (NYSE:KOG) announced interim operational updates.

Kodiak Oil & Gas Corp. (NYSE:KOG) announced interim operational updates.

As quoted in the press release:

Over the last two weeks of November 2012, the Company’s net oil and gas sales averaged approximately 22,000 barrels of oil equivalent per day (BOE/d); assuming non-operated production during that period was unchanged from third quarter results.  Several of the recent well completions occurred in late November and early December and therefore did not materially contribute to the November oil and gas sales averages.

Kodiak’s Chairman and CEO Lynn A. Peterson said:

We are very pleased with the efficient pace of our completion operations.  Our production base continues to grow as we bring wells onto production and we remain on track to meet our previously announced guidance.

To view the whole press release, click here.

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