DENVER, June 19 /PRNewswire-FirstCall/ -- Kodiak Oil & Gas Corp. (TSX Venture: KOG; KOGGF.PK) today announced that the American Stock Exchange has approved Kodiak's application for the listing of Kodiak Oil & Gas Corp.'s common stock. This approval is contingent upon the Company being in compliance with all applicable listing standards on the date it begins trading on the Exchange, and may be rescinded if the Company is not in compliance with such standards. Shares of the Company's common stock will begin trading on the American Stock Exchange within five to ten business days. In addition, shares of Kodiak's common stock will continue to trade on the TSX Venture Exchange under the symbol "KOG." Management Comment Lynn Peterson, Kodiak's President and CEO, said: "Our listing on a senior U.S. exchange is an important step in our growth initiative. The new listing should improve liquidity for our shares in the U.S. market by providing additional access to institutional investors. The listing is a direct result of the efforts of the entire Kodiak team in advancing its business plan both financially and operationally as we continue to grow shareholder value." About Kodiak Oil & Gas Corp. Kodiak Oil & Gas, headquartered in Denver, is an independent energy exploration and development company focused on exploring, developing and producing oil and natural gas in the Williston and Greater Green River Basins in the U.S. Rocky Mountains. The common shares of the Company are listed for trading on the TSX Venture Exchange under the symbol "KOG" and the U.S. symbol "KOGGF." Forward-Looking Statements This press release includes statements that may constitute "forward- looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. If you would like to receive press releases via email contact Heather Colpitts () and specify "Kodiak releases" in the subject line. DATASOURCE: Kodiak Oil & Gas Corp. CONTACT: Mr. Lynn A. Peterson, President, Kodiak Oil & Gas Corp., +1-303-592-8075; Mr. David Charles, EnerCom, Inc. +1-303-296-8834; Ms. Heather Colpitts, Associate Account Manager, CHF Investor Relations, +1-416-868-1079 x.223

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