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Kodiak Oil (KOG) [hlAlert]

Rating:
Hold KOG

Kodiak Oil (KOG) rated Hold with price target $13 by Deutsche Bank

Posted on: Wednesday,  Oct 16, 2013  2:25 PM ET by Deutsche Bank

Kodiak Oil (NYSE: KOG)
rated Hold with price target $13 by Deutsche Bank.

Kodiak Oil & Gas Corp. (Kodiak) is an independent energy company focused on the exploration, exploitation, acquisition and production of natural gas and crude oil in the United States. The Company?s oil and natural gas reserves and operations are concentrated in two Rocky Mountain Basins, the Williston Basin of North Dakota and Montana, and the Green River Basin of Wyoming and Colorado. As of December 31, 2008, the Company?s portfolio included Eastern Bakken oil play in Mountrail and Dunn Counties, North Dakota, and Vermillion Basin of southwest Wyoming. As of December 31, 2008, the Company had acquired an interest in approximately 52,000 gross (37,000 net) acres in the Eastern Bakken oil play. It has drilled its first two wells on the prospect acreage. As of December 31, 2008, the Company controlled approximately 43,000 gross acres and 16,000 net acres in the Vermillion Basin.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/16/2013 2:25 PM Hold
None
12.92 13.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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