Kodiak Oil & Gas Corp. Announces Third Quarter 2008 Operating and Financial Results 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, expects to release its third quarter 2008 financial and
operating results after the close of trading on November 5, 2008.  In
conjunction with Kodiak's release of its results, investors, analysts and
other interested parties are invited to listen to a conference call with
management on Thursday, November 6, 2008 at 11:00 a.m. Eastern Standard Time.

    Date:      Thursday, November 6, 2008

    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: 67927093

    Internet:  Live and rebroadcast over the Internet
               or at: http://www.kodiakog.com

    Replay:    Available through Tuesday, November 11, 2008 at (800) 642-1687
               (US/Canada) and (706) 645-9291 (International) using passcode
               67927093 and for 30 days at http://www.kodiakog.com
    About Kodiak Oil & Gas Corp.
    Kodiak Oil & Gas, Denver-based, 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
Company's common shares are listed for trading on the American Stock Exchange

For further information:

For further information: Mr. Lynn A. Peterson, CEO and President of
Kodiak Oil & Gas Corp., +1-303-592-8075; or Mr. David P. Charles of Sierra
Partners LLC, +1-303-757-2510, ext. 11, for Kodiak Oil & Gas Corp. Web Site:

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Kodiak Oil & Gas Corp.

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