(1888PressRelease)
September 16, 2009 - Cave City, KY – Mammoth Resource Partners, Inc., a leading energy exploration company in the Appalachian Basin, announced today that it is one of the top 3,000 fastest growing companies in the nation according to Inc. Magazine.
This designation is based upon revenue and growth information gathered about Mammoth Resource Partners, Inc. between 2004 and 2008. Sageworks, a national research firm, conducted the evaluation by analyzing yearly growth rates and comparing them with the average company in the energy industry. According to Inc. Magazine’s revenue data, Mammoth achieved a 97.9% growth rate, culminating in 2008 revenues of $13.5M with 51 employees.
“I credit our intensely dedicated corporate team for helping Mammoth achieve our revenue and growth goals”, said Daniel R. Northcutt, President of Mammoth Resource Partners, Inc. “97.9% revenue growth is an achievement we are very proud of and look forward to continuing to meet the expectations of our partners. We are constantly working to improve our corporate model in order to prepare our company for continued future success.”
Mammoth Resource Partners, Inc. is also noted as the 77th fastest growing privately-owned energy company in the United States according to Inc. Magazine’s Top 500|5000 and the only one from the Commonwealth of Kentucky.
Additional information on the Mammoth Resource Partners Top 500|5000 ranking from Inc. Magazine may be found on the Inc. website (www.inc.com/inc5000/2009/company-profile.html?id=200928840) or visit Mammoth Resource Partners at www.mammothresource.com.
ABOUT MAMMOTH RESOURCE PARTNERS, Inc.
Mammoth Resource Partners, Inc. (www.mammothresource.com), now in its sixth year, is a natural gas and oil exploration and production company located in Cave City, KY. Mammoth currently manages over 100 oil and natural gas wells throughout the Southern Appalachian Basin. Mammoth has a field production policy of sustaining long-term well production viability by optimizing production through gas pressure field equalization.
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