Kodiak Energy (KDKN.OB) News Prompts Steady Increase in Share Price
Shares of Kodiak Energy Inc. (OTCBB: KDKN) were down slightly this afternoon, trading at $3.35, after climbing the charts for most of the week. The continual increase follows the company's release of its first-quarter financials, as well as news regarding its Thunder River prospects.Kodiak is an oil and gas exploration company primarily focused on its properties in Alberta, Canada. The company also has interests in New Mexico and Montana. As a development-stage company, Kodiak had no revenue to report for first quarter 2007 except for $385 accrued operations revenue from fourth quarter 2006. As of March 31, 2007, the company…