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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

Post by Biloxibuzzon Jun 07, 2021 1:10pm
205 Views
Post# 33340873

My Thoughts on Well Totals

My Thoughts on Well TotalsI believe in Arizona you can drill one well for every square mile, although that may not be optimal. The 42 wells that RR has discussed are based on placing them at locations that would theoritically produce the most success based on the information that they currently have. Every well drilled (dry or not) will add to their data and improve their modelling of the helium reservoirs. The 42 well number is just for planning purposes on this early go round.. This allows them to build out a model thst includes roads to the wells, gathering pipelines , maybe storage tanks, etc.. So this is really a work in progress. I am sure them will get up to the 72 wells as time goes by,but it will be done in phases. 
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