Message #3 From:
Stock News Bot Date: November 17, 2006 06:31:00 AM
KDKN News Kodiak Energy Maintained With 'Speculative Buy' by InvesTrend Research Affiliate SISM Research, New Land Acquisitions Offers Potential To Unlock Reserves Worth More Than $2.3 Billion, $19 Per Share
NEW YORK--(BUSINESS WIRE)--(InvesTrend Research Syndicate) Ernest C. Schlotter, a senior analyst
with InvesTrend affiliate SISM Research and a four star analyst
according to StarMine, has reiterated his “Speculative
Buy” rating for Kodiak Energy, Inc. (OTCBB:
KDKN).
According to the report:
“Kodiak Energy Inc. (OTC BB: KDKN) is an
active acquirer of oil and natural gas properties in Canada and the
United States. In fewer than twelve months, the Company has acquired
more than 194,000 net acres of prospective oil and natural gas findings
with multi-year development capabilities. More than 1,500 drilling
opportunities are expected to drive production and reserve growth for
the next few years. Once fully developed, the Company could unlock more
than 1.162 Tcfge in potential reserves and book $2.3 billion in reserves
($19 a share). Kodiak is just beginning to exploit its undeveloped lands
although industry activity is steadily marching toward its four acreage
blocks in Alberta, B.C. and Montana. SISM expects a significant
production increase from Kodiak’s Manyberries
property in Alberta during the second half of 2007 when the sales gas
pipeline is completed.”
Analyst Schlotter also said: “This fall,
Kodiak demonstrated its capability to acquire world-class projects and
successfully signed major projects in the Northwest Territories of
Canada and New Mexico. These newly acquired properties could become
company-making assets for Kodiak Energy. The Company is just beginning
to exploit its undeveloped land. If seismic interpretation and mapping
are successful, it will offer greater detail and confidence in
identifying structures over Kodiak’s leasehold
that could eventually have a significant impact on the stock price.”
Kodiak Energy is paying SISM Research $1,750 per month over a two-year
period solely to ensure independent coverage.
SISM Research, based in Zurich, Switzerland, is a private investment
research firm offering high-quality, independent, fundamental research
on public companies since 1995. SISM writes, publishes and distributes
research coverage, on micro- to small-cap public companies trading on
the OTC Bulletin Board, NASDAQ, and AMEX.
This coverage is geared toward institutional and individual investors in
both North America and in German-speaking Europe, a market that
represents more than 100 million people. SISM Research is a content
provider to Thomson Financials OneAnalytics/FirstCall and Investext, to
Reuters Multex, Knobias and Investrend Communications.
Both SISM Research and Investrend Research subscribe to the "Standards
for Independent Research Providers." at
http://www.firstresearchconsortium.com, and their research is enrolled
for investor monitoring by the not-for-profit Shareholders Research
Alliance, Inc. (http://www.shareholdersresearch.com).
Complete information is available at the company's InvestorPower page
accessible from http://www.Investrend.com/company/list.asp?sPathParam=yes.
Investors are advised to read disclosures carefully before trading in
the equities of any enrolled company
Anyone interested in receiving alerts regarding Kodiak Energy Inc.
research should email contact@investrend.com
with "KDKN" in the subject line.
Forward-Looking Statements: Statements in this news release that are not
historical facts are forward-looking statements that are subject to
risks and uncertainties. Words such as "expects", "intends", "plans",
"may", "could", "should", "anticipates", "likely", "believes" and words
of similar import also identify forward-looking statements.
Forward-looking statements are based on current facts and analyses and
other information that are based on forecasts of future results.
