The Oil & Gas Financial Journal Transaction of the Year - Under $1Billion, Rocky Mountain 2013

Awarded to: Kodiak Oil & Gas Corp.

Oil & Gas Awards Judges Comments

“I do think this was a nice deal, recognizing Liberty’s stated objective of proving that their fracs were better than anybody else’s, and it definitely added a nice growth story to Kodiak.”

Kodiak Oil & Gas Corp. – Transaction Overview

The deal puts Bakken and Three Forks producing properties and undeveloped leasehold in the Williston Basin in the hands of Kodiak, setting the company up to achieve aggressive growth with an inventory of nearly 200,000 net acres to develop. The company was producing roughly 34,000 boe/d shortly after the acquisition and future production/cash flows may be able to fully fund its growth going forward.

Download Kodiak Oil & Gas Corp. PDF Winners Page