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Allied Energy Group Inc.: Allied Energy Group, Inc. Announces Joint Venture With Mammoth Energy Group

Wed, 11 Oct 2006 13:45:00 PDT

BOWLING GREEN, KY (MARKET WIRE) Allied Energy Group, Inc. (PINKSHEETS: AGGI) announced today a Joint Venture with Mammoth Energy Group, Inc. Under the terms of the partnership, AEG will invest $1.5 million into the Rogers County, OK Coal Bed Methane project in exchange for a 33% working interest, leaving Mammoth's wholly owned subsidiary, KMV Consulting, Inc., with a 49.5% net revenue interest. Under terms of the

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