SOURCE: Mammoth Energy Group, Inc.

March 03, 2008 08:00 ET

Mammoth Energy Group's Secretary Appointed to Advisory Board

WINSTON-SALEM, NC--(Marketwire - March 3, 2008) - Mammoth Energy Group, Inc. (PINKSHEETS: MMTE) -- Mammoth Energy releases that Secretary Clarence A. Foust has recently been appointed to Advisory Board of Mammoth Energy Group.

Mr. Foust, a native of Oklahoma, became active in the industry at the ripe old age of 13 when he sold his calves, bought a Star Sputtering rig, and put it to work. He has been involved in the Oil and Gas business ever since.

Mr. Foust brings a lifetimes experience in the oil and gas business encompassing all aspects; from acquisition of leases, to all the operations associated with drilling, managing rig crews, and producing wells, etc. Mr. Foust has drilled more than 300 wells in Oklahoma, Texas, Kansas, and New Mexico.

"Mr. Foust, already a member of Mammoth Energy Group Inc., has been appointed to the advisory board where we will be able to use his vast amounts of knowledge in oil," President Joe Overcash stated.

Mr. Foust is now, once again, full time in his first love, the oil and gas business, and brings much detailed local knowledge and experience of Oklahoma's oil and gas fields.

"As a member of the advisory board and as the secretary of the company, Mr. Foust will be able to take Mammoth Energy to new levels," President Overcash said. " This will put him in a prime position for the company to have a thriving future."

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 cover approximately 1,400 acres.

More information is available at the company's website at

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.

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