Kodiak Energy, Inc. Postpones Press Conference

• Press Release
• Source: Kodiak Energy, Inc.
• On 1:39 pm EST, Tuesday December 2, 2008

CALGARY, ALBERTA--(MARKET WIRE)--Dec 2, 2008 -- Kodiak Energy, Inc. (CDNX:KDK.V - News) (OTC BB:KDKN.OB - News) ("Kodiak" or the "Corporation") advises that the joint press conference with Kodiak and CREEnergy Oil and Gas Inc. (CREEnergy) originally scheduled for Tuesday, December 2, 2008 at the Kodiak offices at 3:30 pm. has been postponed due to unforeseen scheduling conflicts.

Additional details of the previously announced joint venture agreement between Kodiak and CREEnergy will be released by the end of this week and filed on Edgar and Sedar under Kodiak's corporate profile and on its web site.

About Kodiak

Kodiak Energy, Inc. is a Calgary, Alberta, Canada based publicly traded oil and gas exploration and development company focused on creating a portfolio of North American assets that offer production opportunities and asset growth through exploration. Kodiak has lease holdings in Montana, south-eastern Alberta and high impact prospects located in the central Mackenzie River Valley of the Northwest Territories, in north-eastern British Columbia Canada and in north-eastern New Mexico.

This press release contains forward-looking statements. The words or phrases "would be," "will" "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," or similar expressions are intended to identify "forward-looking statements". The Corporation's business is subject to various other risks, which are discussed in the Corporation's filings with the US Securities and Exchange Commission and with Canadian securities commissions. The Corporation's filings may be accessed at www.sec.gov or at www.sedar.com.

Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Corporation cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such a statement.

Further information relating to Kodiak may be found on www.sedar.com and www.sec.gov under the Corporation's profile, as well as on Kodiak's website at www.kodiakpetroleum.com.

The TSX Venture Exchange has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this release.

     Contacts:
     Kodiak Energy, Inc.
     William Tighe
     President and Chief Executive Officer
     (403) 262-8044
     Email: info@kodiakpetroleum.com
     Website: http://www.kodiakpetroleum.com