Kodiak Oil & Gas (KOG) approves a $775M 2013 capital expense budget, up from $750M in 2012,...

|About: Kodiak Oil & Gas Corp (KOG)|By:, SA News Editor

Kodiak Oil & Gas (KOG) approves a $775M 2013 capital expense budget, up from $750M in 2012, including $600M toward drilling and completing 61 net operated wells. KOG projects to average 29K-31K boe/day in sales volumes for 2013, which would exceed 80% Y/Y growth. KOG +0.8% AH.