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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 Margin321on Jul 27, 2021 6:50am
130 Views
Post# 33608987

RE:Rig Mobilization for #4 well...

RE:Rig Mobilization for #4 well...Good to get going on this. Just a little weird but so what. Don't know why they need "newest and most cutting edge tools” or why they need to "expand the application of these tools along with other completion equipment" or to improve "technological database (and) understanding of specific geological formational  environments that produce helium". 

Just flow test the well, do pressure build up tests to establish size and likely production potential of reservoir, maybe add some focused 3D seismic - and establish reserves and a solid plan for production of the well.  "Most cutting edge" is a bit redundant as is "newest cutting edge". 

And I am not even sure what "specific geological formational environments" means. They are testing traps and seals - formational elements are much deeper. Unless he just means measuring the ppm of He3 (max of 300 ppm) which will show whether there  is primordial Helium and if that has been diluted by He4 from radioactive decay of uranium and thorium in the crust/mantle which is all He4 and typically reduces He3 to 5-20 ppm in helium recovered from natural gas wells (as opposed to primary helium wells which are currently less well understood. 

Anyway moving forward is all good. 
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