Kodiak Oil & Gas Corp concludes public offering of 13.8m common shares

Posted on: Mon, 02 Nov 2009 04:52:00 EST


Symbols: KOG
Nov 02, 2009 (M2 EQUITYBITES via COMTEX) --
KOG | Quote | Chart | News | PowerRating -- Energy company Kodiak Oil & Gas Corp (NYSE Amex:KOG) declared on Friday
the completion of the public offering of 13,800,000 shares of common
stock.
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This includes the full exercise of the underwriters' over-allotment
option of 1,800,000 shares.
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All shares were sold at a price of USD2.20 per share.
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Net proceeds, after deducting underwriting discounts and commissions
and Kodiak's estimated offering expenses, were approximately USD28.6m.
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KeyBanc Capital Markets Inc acted as sole book runner for the offering
and Thomas Weisel Partners LLC acted as co-manager.

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