Kodiak Oil & Gas (NYSE: KOG) is one of the most intriguing players in the Williston Basin, and it appears the oil junior met its lofty production goals last quarter. Kodiak released a fourth-quarter update in which the company hit a top production rate of 29,000 barrels of oil equivalent per day. While triple-digit growth can only be maintained for a short while, Kodiak appears to continue growing at a torrential pace, estimating a 2013 exit rate of 38,000-40,000 barrels of oil equivalent per day. Growth is still the most important measure for this company, but operational efficiency is a close second. Check out the video below for more information on Kodiak Oil & Gas.
Kodiak Oil & Gas continues to hit great growth numbers.
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Joel is a University of Washington graduate and covers energy and materials for The Motley Fool. Be sure to follow The Motley Fool's energy and materials Twitter for all your energy and materials coverage.
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