updated 12/23/2010 7:16:59 AM ET 2010-12-23T12:16:59

DALLAS, Dec. 23, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Kodiak Oil & Gas Corp. (AMEX:KOG). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

The full report is available at: www.microstockprofit.com/lp/KOG

Kodiak Oil & Gas Corp. (KOG) is an independent energy exploration and development company focused on exploring, developing and producing oil and natural gas in the Williston and Green River Basins in the U.S. Rocky Mountains. KOG was incorporated in 1972 and is headquartered in Denver, Colorado.

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In the report, the analyst notes:

"Wells Fargo recently started coverage on KOG's stock with an Outperform rating ... 'We believe Kodiak is a Bakken pure play with an impressive growth outlook and attractive valuation,' the Wells Fargo analyst wrote.

"KOG last week said it closed a public offering of 28.75 million shares of common stock at $5.50 per share. The net proceeds of the offering were about $149.4 million, after deducting underwriting discounts and commissions and KOG's estimated offering expenses."

To read the entire report visit: www.microstockprofit.com/lp/KOG

See what investors are saying about KOG at http://www.stockhideout.com

Get breaking news on KOG at http://thestockmarketwatch.com/

MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http://www.microstockprofit.com

MicroStockProfit.com Disclosure

MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.

CONTACT: MicroStockProfit.com
         Brian Johnson
         1-888-307-2850
         info@microstockprofit.com

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