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Desert Mountain Energy Corp V.DME

Alternate Symbol(s):  DMEHF | V.DME.WT

Desert Mountain Energy Corp. is a Canada-based resource company. The Company primarily focused on exploration, development and production of helium, hydrogen and noble gases. The Company holds properties under lease for helium, oil and natural gas in the Holbrook Basin of Northern Arizona. The Holbrook Basin Helium Project comprises +1000,000 acres of key Helium prospects under lease. Located in the prolific Holbrook Basin in Northeast Arizona. Its secondary focus is developing hydrogen assets in the McCauley Helium Field. Noble gases or inert gases are six gaseous elements found in small amounts in the Earth’s atmosphere. They include helium (He), neon (Ne), argon (Ar), krypton (Kr), xenon (Xe), and radon (Rn).


TSXV:DME - Post by User

Comment by Bertie20on Jun 03, 2021 10:54am
158 Views
Post# 33318695

RE:RE:RE:Well 4?

RE:RE:RE:Well 4?Hi. They would drill weekends (and Christmas Day too). Rigs (and rig teams) don't get a rest.
I'm also surprised that there has been no news; I'd have expected something by now. Maybe they hit some drilling issues? Or perhaps they're doing extra testing, as they await the permit for well 5 (I presume they'd not want to have to hand back the rig after well 4 is completed). But in all honesty, I've no idea. I'm just hoping the well completes successfully. Having followed many oil and gas shares over the years, the most infuriating outcome is when companies spend a lot on a well, but have to abandon because of well issues (usually a loss of integrity), leaving you none the wiser but much poorer.
Anyhow, that's an absolute worst-case. I'd think if things were that bad we'd have heard something by now. As a result, I'm assuming we will get an update any moment. Here's hoping it's a positive one...
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