Dewayne C. Green Joins Mammoth Energy Group Advisory Board
Posted on: Tuesday, 5 February 2008, 09:01 CST
Mammoth Energy Group, Inc. (PINKSHEETS: MMTE) proudly announces that Dewayne C. Green joins the Mammoth Energy Group advisory board.
With more than forty-five years of oil and gas industry experience Mr. Green brings a wealth of experience to our projects. Experienced in all aspects of the industry, Mr. Green began working drilling rigs in 1957. He expanded both his knowledge and experience of the oil business throughout West Virginia, southern Ohio and Kentucky.
Mr. Green acquired his first oil and gas wells in West Virginia in 1968, becoming first a well owner and later a producer and contractor. Mr. Green founded an oil company that he took public in 1969. After selling out his well ownership in 1970, Mr. Green sat on the board of the aforementioned public oil and gas company and continued drilling as a contractor with four rigs of his own through 1975.
Continuing as an oil and gas operator in another public company, Mr. Green drilled and produced wells throughout the mid-continent area of East Texas, Oklahoma, Kansas, and along the Appalachians.
With personal experience of completing some 300 wells, Mr. Green has since maintained a continuous presence in the industry through his consultancy work.
"A man of his experience and caliber will take Mammoth Energy in the direction that will make us a premier oil and gas company," President Joe Overcash stated.
Mr. Green's "hands on" background enables him to make critical decisions in the field based on his sound cost control background, very necessary in a small company environment. These things are all part of his past experience. In short, he has "been there and done that."
"He will take our company to the next level with his expertise that has become second nature to him," added Overcash, "We are looking forward to working with him and having him as part of the Mammoth Energy team."
About Mammoth Energy Group, Inc.
Mammoth, through its wholly owned subsidiary, United Gas OK, Inc. is focused on developing shallow gas projects in northeastern Oklahoma due to the low risk, blanket characteristics in the area that make it possible to drill and produce a well nearly every time. It is currently focused on developing its Noble and Kay County properties in Oklahoma that covers approximately 1,400 acres.
More information is available at the company's website at www.mammothenergygroup.net
Cautionary note This report contains forward-looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
Contacts: M & M Investor Relations Dominic Martinez 866-508-2092 www.mandminvestorrelations.com mailto: dominic@mandminvestorrelations.com mailto: frankie@mandminvestorrelations.com
SOURCE: Mammoth Energy Group, Inc.
Source: MARKET WIRE
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