Kodiak Oil & Gas Announces Third Quarter Earnings Release and Conference Call

    DENVER, Oct. 23 /CNW/ -- Kodiak Oil & Gas Corp. (Amex:   KOG) an oil and
gas exploration and production company with assets in the Green River and
Williston Basins, will release its third quarter financial and operating
results on Thursday, November 8, 2007.
    In conjunction with Kodiak's release of its third quarter 2007 results,
you are invited to listen to its conference call with management on Friday,
November 9, 2007 at 11:00 a.m. Eastern time.

    Date:      Friday, November 9, 2007

    Time:      11:00 a.m. EST
               10:00 a.m. CST
                9:00 a.m. MST
                8:00 a.m. PST

    Call:      (877) 257-3168 (US/Canada) and (706) 643-3820 (International)
               Passcode 21928863

    Internet:  Live and rebroadcast over the Internet:  log on to

    Replay:    Available through Sunday, November 11, 2007 at (800) 642-1687
               (US/Canada) and (706) 645-9291 (International) using passcode
               21928863 and for 30 days at http://www.kodiakog.com
    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 Green River Basins in the
U.S. Rocky Mountains. For further information, please visit
http://www.kodiakog.com.  The common shares of the Company are listed for
trading on the American Stock Exchange under the symbol "KOG".

For further information:

For further information: Mr. Lynn A. Peterson, President of Kodiak Oil &
 Gas Corp., +1-303-592-8075 Web Site: http://www.kodiakog.com

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Kodiak Oil & Gas Corp.

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