KDKN Kodiak Energy Inc (CE)

Kodiak Energy, Inc. (OTCBB: KDKN) ("Kodiak" or the "Corporation") announces that on October 25, 2010, its majority controlled subsidiary released the following press release.

CALGARY, ALBERTA--(Marketwire - Oct. 25, 2010) - Cougar Oil and Gas Canada Inc. ("Cougar Canada" or the "Corporation") (OTCBB: COUGF) is pleased to announce the application to be listed on the NYSE Amex Stock Exchange has been submitted to the Exchange.

Mr. William Tighe, Chief Executive Officer for Cougar Canada, stated, "We are pleased that this important step in our growth plans has been made. We look forward to attaining the NYSE Amex listing and working with the Exchange."

About Cougar Oil and Gas Canada Inc.:

Cougar Oil and Gas Canada Inc. (OTCBB: COUGF) is based in Calgary, Alberta, Canada and a publicly traded oil and gas exploration and production company. 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 First Nation Joint Ventures and our Trout Core Projects located in north central Alberta.

Additional information is at http://www.cougarenergyinc.com.

About Kodiak:

Kodiak Energy, Inc. is based in Calgary, Alberta, Canada and a 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 "Little Chicago" located in the N.W.T. and "Sofia" located in northeast New Mexico. 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.

Contacts: Kodiak Energy, Inc. Investor Relations +1 (403) 513-2664 info@kodiakpetroleum.com www.kodiakpetroleum.com