Kodiak Energy, Inc. (TSX VENTURE:KDK) (OTCBB:KDKN) ("Kodiak" or the
"Corporation") and its majority controlled private subsidiary, Cougar Energy,
Inc. ("Cougar"), welcomes David (Dave) Wilson as Vice President, Finance of
Kodiak and Chief Financial Officer of Cougar effective November 2, 2009.
Additional information for Dave Wilson can be found at
http://www.kodiakpetroleum.com/s/Management.asp.


Dave has over 20 years of professional accounting experience with various public
and private oil and gas exploration companies, both domestically and
internationally. He has expertise in accounting, securities and regulatory
standards for publicly traded companies including U.S. GAAP and Canadian IFRS.
Dave is also accomplished in various financing initiatives, related
negotiations, and M&A transactions. His proven executive management skills in
the capacities of Vice President, Finance and Chief Financial Officer were
instrumental in successfully executing various strategic transactions. He
obtained his Certified Management Accountant designation from the Alberta
Society of Management Accountants. 


"I am delighted in joining Kodiak and Cougar at this exciting time in the
companies' growth," stated Dave Wilson. "I look forward to working with both
executive management teams to create opportunities and implement financial and
operational strategies to move the companies forward."


"We are excited to add such a qualified and experienced member to our executive
management teams", said Bill Tighe, President and CEO of Kodiak. "Dave's
comprehensive level of industry, accounting and regulatory knowledge comes at a
significant turning point for both Kodiak and Cougar."


With the appointment of Dave Wilson as Vice President, Finance of Kodiak and
Chief Financial Officer of Cougar, Bill Brimacombe remains Chief Financial
Officer of Kodiak and has stepped down as Chief Financial Officer of Cougar.


About Cougar: 

Cougar Energy, Inc. is based in Calgary, Alberta Canada and a privately held
subsidiary of parent company, Kodiak Energy, Inc. The focus is on the
exploration and development of Canadian based onshore oil and gas properties.
The current projects are Lucy in the Horn River Basin in northeast British
Columbia and CREEnergy Joint Venture and area projects located in north central
Alberta. Additional information on the "Lucy" and CREEnergy projects are
available at http://www.cougarenergyinc.com.


About Kodiak: 

Kodiak Energy, Inc. is a Calgary, Alberta, Canada based publicly traded oil and
gas exploration and development company focused on developing and exploring
onshore oil, gas and CO2 properties within North America. Our main prospect is
located in the northeast New Mexico. Through our private subsidiary, Cougar
Energy, Inc., we are developing the projects of Lucy in the Horn River Basin in
northeast British Columbia and CREEnergy Joint Venture and area projects located
in north central Alberta. Additional information on Kodiak is at
http://www.kodiakpetroleum.com.


Forward-looking Statements: This press release contains forward-looking
statements. The words or phrases "would be," "will" "intends to," "will likely
result," "are expected to," "will continue," "is anticipated," "estimate," or
similar expressions are intended to identify "forward-looking statements". The
Corporation's business is subject to various other risks and uncertainties,
which may be described in its corporate filings (www.sec.gov and www.sedar.com).
Statements made herein are as of the date of this press release and should not
be relied upon as of any subsequent date. The Corporation cautions readers not
to place reliance on such statements. Kodiak undertakes no obligation to update
or publicly revise forward looking statements or information unless so required
by applicable securities laws.


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