Kodiak expands its presence in North Dakota's Bakken Shale

04/6/2010 | UpstreamOnline.com

Kodiak Oil and Gas struck a pair of agreements to increase its presence in the Bakken Shale oil play. The company purchased 5,680 gross mineral acres in North Dakota's McKenzie County and boosted its share of the Mondak Field's Grizzly Project by 25%. Kodiak intends to drill two wells in the area this year.

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