Kodiak Oil & Gas Corp. - 2012-05-15

Priced private offering of 8.125% $150 million in aggregate principal amount of senior notes due 2019 in a private placement to eligible investors to repay all of the outstanding debt under Kodiak's first lien credit agreement, to fund capital expenditures for drilling, development and infrastructure, principally in the Bakken play located in North Dakota, and for general corporate purposes, including financing potential acquisitions of oil and gas properties in certain core areas, such as the Bakken play.