Kodiak Oil and Gas commences drilling operations in Wyoming

DENVER, CO, Sept. 21 /CNW/ - Kodiak Oil & Gas Corp. (TSX Venture: KOG;
U.S. symbol KOGGF) today announced that a drilling rig is on location and
drilling operations will commence today on the Company's Chicken Springs
Prospect (non-operator) in Sweetwater County, Wyoming. The Company owns a 50%
before payout working interest in 6,552 acres and a 45% working interest in an
additional 5,320 acres within the boundaries of the Chicken Springs Federal
Unit.
On the Chicken Springs Prospect, two vertical wells will be drilled to an
approximate depth of 6,000 feet. The development wells will be completed to
test natural gas potential of the Almond Formation sands and coals. Both wells
will be direct offsets to the PRFED 14100 SW29 well that has been producing
from the Almond sands since June 2005. Completion work is scheduled to
immediately follow drilling operations and the wells will be connected to the
existing production facilities. Compression facilities will be installed while
the drilling program is in progress, which should significantly increase
production rates.
A third well will be drilled one mile west of the development wells in an
attempt to exploit the potential of the Almond Formation coals in this part of
the Chicken Springs leasehold. Kodiak and its partner, Warren Resources, Inc.,
intend to drill two laterals in the coal seam, each having lateral extents of
1,000-4,000 feet.
Kodiak President and CEO, Lynn Peterson, noted that, "During the drilling
of the aforementioned PRFED 14100 SW29 well, a 16 foot coal seam was
encountered at an approximate depth of 5,800 feet. Desorption analysis of
sidewall core samples showed a very high gas content of approximately 500 SCF
per ton. The same coal seam can be seen on logs from older wells in the area,
as well as 2-D seismic acquired across the Prospect area. The potential gas
reserves from the coals are very significant. These three wells represent an
integral part of our 2005 exploration program."
The Company expects to have a second rig drilling on the adjacent Chicken
Ranch Federal Unit within two weeks. The 8-9 Chicken Ranch Unit well (33.33%
Working Interest; non-operator) will be drilled to an approximate depth of
8,600 feet to test the natural gas potential in the Almond and Ericson
Formations. The Company owns an interest under 7,858 acres in the Chicken
Ranch Unit.

About Kodiak Oil & Gas
----------------------
Kodiak Oil & Gas, headquartered in Denver, is an independent energy
exploration and development company focused on exploring, developing and
producing oil and natural gas in the Williston and Greater Green River Basins
in the U.S. Rocky Mountains. The common shares of the Company are listed for
trading on the TSX Venture Exchange under the symbol "KOG" and the U.S. symbol
"KOGGF."

Forward-Looking Statements
--------------------------
This press release includes statements that may constitute "forward-
looking" statements, usually containing the words "believe," "estimate,"
"project," "expect" or similar expressions. These statements are made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements inherently involve risks and uncertainties
that could cause actual results to differ materially from the forward-looking
statements. Factors that could cause or contribute to such differences
include, but are not limited to, fluctuations in the prices of oil and gas,
uncertainties inherent in estimating quantities of oil and gas reserves and
projecting future rates of production and timing of development activities,
competition, operating risks, acquisition risks, liquidity and capital
requirements, the effects of governmental regulation, adverse changes in the
market for the Company's oil and gas production, dependence upon third-party
vendors, and other risks detailed in the Company's periodic report filings
with the BC Securities Commission.

   The TSX Venture Exchange does not accept responsibility for the
                adequacy or accuracy of this release.

If you would like to receive press releases via email contact
Heather Colpitts (heather(at)chfir.com) and specify "Kodiak releases" in the
subject line.

%SEDAR: 00007900E