Bowling

Bowling Green, KY-based Allied Energy Group Inc. and Mammoth Energy Group Inc. announced a joint venture in which Allied will invest $1.5 million in a Rogers County, OK, coalbed 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 agreement, the two companies also will be working jointly on a shallow natural gas project in Colorado and a large project in northeastern Montana.