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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 tylerod1on Sep 14, 2021 5:18pm
463 Views
Post# 33856695

1.9 BCF calculation

1.9 BCF calculation
Please someone correct me if i'm wrong but here's the math i came up with. 

1.9 BFC for 2/14 zones = 1,900,000 MCF

1,900,000 MCF x 1.1% = 20,900 MCF

20,900 MCF x 269$ per MCF = $5,622,000


For shits and giggles let's assume the BCF extrapolates for all 14 zones.   That puts the well @ $39,354,700

I used the crude MCF price so i would expect much better gains once processed. 








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