Kodiak

Kodiak Prepares IPO as Lower 48 Natural Gas Production Forecast to Increase

Kodiak Prepares IPO as Lower 48 Natural Gas Production Forecast to Increase

Lower 48-focused Kodiak Gas Services LLC, the largest privately owned natural gas contract compression company in the country, is preparing to go public with an offering that could fetch a valuation of nearly $1.7 billion. Based in Montgomery, TX, about 50 miles northeast of Houston, Kodiak is proposing to sell 16 million shares through an…

June 26, 2023

Bakken Producer Kodiak Looks to Curb Flaring

Coming off a 57% increase in crude oil sales in the Williston Basin in North Dakota in 1Q2014, Denver-based Kodiak Oil & Gas Corp. executives are predicting the exploration/production company will slash its flared associated gas this year.

May 20, 2014

Kodiak’s 2014 Williston Plan: Get More from Less

Reflecting reports of decreasing well completion costs in North Dakota’s Williston Basin, major Bakken Shale producer Kodiak Oil and Gas Corp. said Wednesday it expects its production to increase by 45% to near 44,000 b/d in 2014, despite decreasing its capital expenditures below the billion-dollar level of recent years.

December 23, 2013

Williston Has ‘Huge Potential,’ Kodiak Execs Say

The Williston Basin centered in North Dakota and spreading into parts of adjacent states and Canada carries huge long-term potential, and operators are finding that there is no single formula for unlocking its treasure of crude oil and natural gas, according to senior executives at Denver-based Kodiak Oil & Gas Corp.

November 4, 2013