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Kodiak Energy Inc. Message Board

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  • voisybay voisybay Jan 3, 2011 11:22 AM Flag

    Operations Update from Cougar...

    will this have any bearing on the share price of KDKN? I was of the understanding that KDKN is also supposed to be drilling (?Little Chicago) in Feb 2011. Since KDKN holds a large part of Cougar when will this be reflected in KDKN's share price?

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    • Where did you hear that Kodiak was drilling EL413 this Feb? I think the delays in the Mckennsie Pipeline has put that project on the shelf for a while. There is an estimated Billion Barrels of oil and quite a bit of gas up there but not much infrustructure and a harsh environment. It does now look like the pipeline will be built now that they have approval from the powere that be. If they did drill the exploratory wells and hit oil KDKN would be at $4-$5 per share.

      The current situation definately adds vale to the almost once dead KDKN for sure because they own 62% of Cougar and are calling all the shots.

      Whats really amazing me is that they are actually drilling this week! Way ahead of schedule in my book.

    • Cougar is reported on the KDKN financial sheets.....

0.0130.000(0.00%)Jul 25 2:55 PMEDT

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