Kodiak Energy Gains 2.54% On 2X Volume After 'Morning Note' From Investrend Research Affiliate SISM Research

(financialwire.net via COMTEX) -- KDKNE | charts | news | PowerRating -- October 4, 2007 (FinancialWire) Kodiak Energy Inc (OTCBB: KDKN | charts | news | PowerRating) gained 2.54% Wednesday on volume of 697,057, which was twice its three-month average 328,497, to end the day at $3.63 in its first session after the announcement of its "Speculative Buy/4" rating from Investrend affiliate SISM Research.

In a Morning Note dated October 1, 2007, Ernest C. Schlotter, a senior analyst with SISM Research and a four star analyst according StarMine, also gave Kodiak a 12-18 month target price of $6.00-$8.00.

The following is a summary of the full SISM report which includes important disclosures, disclaimers and analyst qualifications and is available at http://www.sism.com and http://www.investrendresearch.com . Investors are advised to read disclosures carefully before trading in the equities of any enrolled company.

According to analyst Schlotter's Morning Note:

"Last week, Kodiak successfully closed the acquisition of Thunder River Energy Inc. in a share and cash transaction, with the seller accepting $1M in cash and 7M in Kodiak shares. Thunder's two major assets are the EL 413 in the Northwest Territories and P&NG leases in New Mexico. Kodiak now owns 56.25% of EL 413 and 95% of the Sofia and Spear Draw Prospects in NM and intends to begin an aggressive development program to exploit these assets. In its previous report, SISM anticipated the successful closing of this transaction which is valued at more than $20 million. In addition, Kodiak announced last Friday that Research Capital has raised US$12.4M for the Company. More than 4.6 million Kodiak shares were sold between $2.50 and $3.00 to institutional and retail investors in Canada and Europe. The Company now has enough CAPEX money for the next 12 months to pursue its ambitious business plan to prove up the assets in NWT and New Mexico. Very soon, Kodiak will begin a seismic and gravity data survey in New Mexico, followed by a drilling program. If successful, revenue from NM could be on stream within the next 12 months, a major milestone for a junior O&G company. Since our last update two weeks ago, the stock price gained more than 17% and we strongly reaffirm our 12-18 month price target of $6.00 ' 8.00."

Analyst Schlotter added:

"In New Mexico, Kodiak has gained control and now has a 95% Working Interest of 55,000 acres of P&NG leases. The New Mexico properties demonstrate the presence of oil, natural gas and CO, and potential helium resources at shallow depth (2000-6000 feet). These properties are located near existing infrastructure and offer the possibility of dynamic short-term growth and significant near term cash flow. Natural gas potentials and commercial volumes of CO have been identified in existing wells on or adjacent property and are estimated at 587 Bcf of CO."

SISM Research, based in Zurich, Switzerland, is a private investment research firm offering high-quality, independent, fundamental research on public companies since 1995. SISM Research writes, publishes and distributes research coverage on micro- to small-cap public companies trading on the OTC, NASDAQ and AMEX. This coverage is geared toward institutional and individual investors in both North America and in German-speaking Europe, a market that represents more than 100 million people. SISM Research is a content provider to Thomson Financials OneAnalytics/FirstCall and Investext, Reuters Multex, Knobias and Investrend.

Both SISM Research and Investrend Research subscribe to the exacting "Standards for Independent Research Providers" at http://www.firstresearchconsortium.com , as well as the CFA-NIRI Guidelines at http://www.cfainstitute.org . SISM's Research platform is also executed in accordance with Guidance set forth by U.S. Securities and Exchange Commission's Advisory Committee on Smaller Public Companies at http://www.sec.gov/info/smallbus/acspc/acspc-finalreport_d.pdf .

Kodiak Energy will pay SISM Research $1,750 per month over a two-year period solely to ensure independent coverage. SISM and Investrend Research take steps to ensure independence including setting fees in advance and utilizing analysts who must abide by CFA Institute Code of Ethics and Standards of Professional Conduct. Additionally, analysts may not trade in any security under coverage.

Complete information about this company is available at the company's InvestorPower page accessible from http://www.investrend.com/company/list.asp?sPathParam=yes , and the full report is available at http://www.sism.com and http://www.investrendresearch.com . Investors are advised to read disclosures carefully before trading in the equities of any enrolled company.

Anyone interested in receiving alerts regarding Kodiak Energy research should email contact@investrend.com or info@sism.com with "KDKN" in the subject line, or click on http://www.investrend.com/contact.asp .

For up-to-the-minute news, features and links click on http://www.financialwire.net

FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on http://www.investrend.com/contact.asp

The FinancialWire NewsFeed is now available in multiple formats to your site or desktop, free. Click on: http://www.investrend.com/XmlFeeds?level=268

http://www.financialwire.net

Morning Coffee with TradingMarkets -- Free Newsletter

More News:   Market Updates | Stock Alerts | All Trading News | Stock Index