Feasibility of New Helium Well Development in AZ The purpose of this report is to address the economic feasibility of development of helium resources in the Holbrook Basin, Arizona, and the potential for further exploration in the area.
The economic feasibility of developing a resource is demonstrated by providing evidence of 1) resource marketability and 2) resource availability. To this end, the economics of helium and its uses in industry will be reviewed, as well as the geology of the Holbrook Basin and its potential for helium deposits. Methods and costs for processing and transporting helium will be briefly reviewed in reference to Desert Mountain Energy’s plans for production. A review of past production and of Desert Mountain Energy’s new wells in the region will help focus on the potential for future development of helium resources in the Holbrook Basin.
FULL REPORT: https://desertmountainenergy.com/wp-content/uploads/2021/05/echohawk-clean-5-24-2021-Feasibility-of-New-Helium-Well-Development-in-the-Holbrook-Basin-Jacob-Smith-April-2021-1.pdf