DENVER, March 14 /CNW/ - Kodiak Oil & Gas Corp. (TSX Venture: KOG; GGF.PK) today announced that Mr. Herrick K. Lidstone, Jr. has joined its Board of Directors, effective March 13, 2006. Mr. Lidstone shall receive a grant of 50,000 options under the Company's Incentive Stock Option Plan, exercisable at a price to be determined in accordance with the polices of the TSX Venture Exchange. As an accomplished lawyer, Mr. Lidstone brings nearly 30 years of extensive corporate law experience to Kodiak. Mr. Lidstone practices in Denver and is currently with Burns, Figa & Will, P.C., where he emphasizes a practice in corporate/securities law, dealing frequently with mergers and acquisitions, finance transactions, and private and public security offerings. Mr. Lidstone currently serves on the Securities Board for the Department of Regulatory Agencies in Colorado. He has been Adjunct Professor of Law at the University of Denver and has taught continuing education courses for the National Business Institute. He has numerous legal publications and presentations to his credit. Mr. Lidstone received an A.B. degree from Cornell University in 1971 and a J.D. degree from the University of Colorado School of Law in 1978. With the appointment, Kodiak now has five directors, three of which are outside directors. President and CEO of Kodiak, Lynn Peterson, said: "We are delighted to welcome Mr. Lidstone and his high level of business and legal acumen to Kodiak's Board of Directors. His corporate legal expertise will be a valuable asset to the Company. Mr. Lidstone has agreed to chair Kodiak's Audit Committee. We look forward to working with him in this exciting phase of Kodiak's development as an exploration and production company." About Kodiak Oil & Gas Corp. 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." 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