Kodiak Energy, Inc.
OTC Bulletin Board : KDKN

Kodiak Energy, Inc.

August 27, 2007 02:05 ET

Kodiak Announces Reciept of New Engineering Report on Its Northwest Territories Little Chicago Project

CALGARY, ALBERTA--(Marketwire - Aug. 27, 2007) - Kodiak Energy, Inc. (OTCBB:KDKN) is pleased to announce that it has received the new engineering report on its Little Chicago project. The abridged report will be announced shortly and posted on the company's website.

Kodiak Energy, Inc. is a Calgary based oil and gas company focused on creating a portfolio of North American assets that offer not only immediate production and cash flow but growth through exploration. The Company has lease holdings in Montana, South eastern Alberta, North eastern Alberta and an agreement to purchase mineral rights both in the Northwest Territories and Northeast New Mexico.

This press release contains forward-looking statements. The words or phrases "would be", "will allow", "intends to", "will likely result", "are expected to", "will continue", "is anticipated", "estimate", "project", or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the Company's proposed oil and gas related business. The Company's business is subject to various risks, which are discussed in the Company's filings with the Securities and Exchange Commission ("SEC"). The Company's filings may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company 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 statements.

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