Kodiak Oil & Gas (KOG -1.9%) agrees to acquire land and undeveloped leaseholds in the...

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

Kodiak Oil & Gas (KOG -1.9%) agrees to acquire land and undeveloped leaseholds in the Wiliston Basin of North Dakota from a private seller for $235M. The purchase will expand the company's presence in the region, and increase overall oil production by 3k bpd.