Kodiak’s reserves end 2013 up 77 percentTotal proved sitting at 167 MM boe on Dec. 31, giving 2.5 years of drilling backlog; 4Q sales volume up 98 percent over 4Q 2012 Steve Sutherlin For Petroleum News Bakken
Kodiak Oil & Gas Corp. said its total proved reserves on Dec. 31, 2013, were approximately 167.3 million barrels of oil equivalent, as compared to 94.7 million boe at the end of 2012.
The 2013 total represents a 77 percent increase from its 2012 estimated proved reserves on an equivalent basis, comp....
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