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Kodiak Oil & Gas Corp. Details 1Q 2014 Financial Results

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May 6, 2014

On May 1, Kodiak Oil & Gas Corp. (NYSE: KOG), detailed its financial results for first-quarter 2014, which ended March 31.

The capex budget for the full year has about $940 million, the company said. Out of this amount during the quarter, about $208.6 million went to oilfield operations and leasehold acquisitions, the company noted. About $204.9 went to drilling and completions during the quarter, the company added.

Revenues from oil and natural gas sales increased 56% from first-quarter 2013, Kodiak said, noting that it was $257 million compared to ...


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