In this video, energy analyst Joel South discusses Kodiak Oil & Gas (NYSE: KOG ) -- with this oil junior, the story is all about the company's growth potential. With a 2012 exit rate of close to 27,000 barrels of oil equivalent per day and 800 net drilling locations left to produce, Kodiak can turn its Bakken position into handsome profits for shareholders. Kodiak still has enormous upside with regard to reducing its drilling costs as the company gains expertise in hydraulic fracturing in the Williston Basin, in addition to increasing oil production by reducing the amount of time to complete a well. Check out the video below for more information on opportunities facing this fascinating growth company.
Kodiak Oil & Gas is a dynamic growth story, but with great opportunities come great risks. Before you hitch your horse to this carriage let us help you with your due diligence. To see if Kodiak is currently a buy or sell, check out our new premium report, which comes with a year of timely updates and analysis.