Business
Kodiak Oil & Gas Corp. Announces Closing of Follow-on Public Offering
Kodiak Oil & Gas Corp. Announces Closing of Follow-on Public Offering.
About this update from Ko Gold, Inc.
[{"type":"text","content":"\n\n\n\nDENVER, Dec. 21 /CNW/ -- Kodiak Oil & Gas Corp. (Amex: KOG; TSX Venture:\nKOG) today announced the closing of its public offering of 12,075,000 shares\nof common stock, which includes the exercise of the underwriters'\nover-allotment option to purchase 1,575,000 common shares. All shares were\nsold at the offering price of $4.15 per share, resulting in net proceeds to\nKodiak Oil & Gas Corp. of approximately $47 million, after underwriters'\ndiscounts and commissions.\n\n\nKeyBanc Capital Markets was the lead manager of the offering. A.G.\nEdwards and Petrie Parkman & Co. acted as co-managers, along with Capital One\nSouth Coast, Inc. and Pickering Energy Partners, Inc. as underwriters.\n\n\nA registration statement relating to these securities has been filed\nwith, and declared effective by, the Securities and Exchange Commission. This\nannouncement shall not constitute an offer to sell or the solicitation of an\noffer to buy the common stock of Kodiak Oil & Gas Corp., nor shall there be\nany sale of these securities in any state or jurisdiction in which such offer,\nsolicitation or sale would be unlawful prior to registration or qualification\nunder the securities laws of any such state or jurisdiction. Offers of these\nsecurities may be made only by means of a prospectus. Copies of the final\nprospectus may be obtained by contacting KeyBanc Capital Markets by written\nrequest to 800 Superior Avenue, Cleveland, Ohio 44114, or by fax request to\n(216) 443-3901.\n\n\nKodiak Oil & Gas Corp. is an independent energy exploration and\ndevelopment company focused on exploring, developing and producing oil and\nnatural gas in the Williston and Green River Basins in the Rocky Mountain\nregion of the United States.\n\n\nThis press release includes statements that may constitute\n\"forward-looking\" statements, usually containing the words \"believe,\"\n\"estimate,\" \"project,\" \"expect\" or similar expressions. These statements are\nmade pursuant to the safe harbor provisions of the Private Securities\nLitigation Reform Act of 1995. Forward-looking statements inherently involve\nrisks and uncertainties that could cause actual results to differ materially\nfrom the forward-looking statements. Forward-looking statements are\nstatements that are not historical facts and are generally, but not always,\nidentifi...