KDK Kodiak Copper Corp

Kodiak Energy, Inc. (TSX VENTURE:KDK)(OTCBB:KDKN) ("Kodiak" or the "Corporation)
announces that its majority controlled private subsidiary, Cougar Energy, Inc.,
has funded and completed the requirements of the "exclusivity contract" of the
CREEnergy Oil and Gas Inc. agreement announced on December 1, 2008. Information
on the CREEnergy project is located at http://www.cougarenergyinc.com.


The agreement provides for an "exclusivity contract" with CREEnergy for oil and
gas properties for up to 15 townships or 345,000 gross acres of mineral rights
in north central Alberta, Canada. The initial leases, as outlined in the
agreement, are for mineral rights on a total of 46,000 gross acres for a lease
term of 10 years. As the project moves forward, additional leases will be
identified and added to the joint venture.


Cougar is working with CREEnergy to identify, prioritize and nominate the first
mineral rights that will be leased, and finalizing the initial development plans
for the fall/winter of 2009, which will include the evaluation of 4 to 6 high
priority targets. The development plans will include the areas to be leased from
CREEnergy and the additional mineral rights acquired in the farmin announced on
June 9, 2009.


Bill Tighe, CEO of Cougar, states, "We are pleased with the completion of this
critical milestone in our agreements with CREEnergy and look forward to the
ongoing development of this agreement, which will continue with the leasing of
the initial mineral rights."


These mineral leases and the general area have industry recognized production
potential for light sweet crude oil and sweet natural gas. Adjoining mineral
leases have low operating costs of approximately C$25.00 per barrel resulting in
profitable net backs, even at the current, low commodity prices. A key example
of the production potential would be the Trout and Senex Keg River oil pools
that have yielded as much as 1.5 million barrels cumulative production per pool,
or the Granite Wash oil pools with as much as 2 million barrels cumulative
production per pool.


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 prospects are
located in the central Mackenzie River Valley of the Northwest Territories and
northeast New Mexico. Through our private subsidiary, Cougar Energy, Inc., we
are developing the projects of CREEnergy Joint Venture and area located in north
central Alberta and Lucy in the Horn River Basin located in northeast British
Columbia. Additional information on Kodiak is at http://www.kodiakpetroleum.com.


About Cougar:

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