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Desert Mountain Energy Corp V.DME

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

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 Jimmyjohn1on Sep 25, 2021 12:44am
273 Views
Post# 33918647

RE:RE:RE:RE:AOGCC Update

RE:RE:RE:RE:AOGCC Updatecanuckktrader, You seem to not know what you are talking about.  I'm not even sure why you're in this chat.  Seems to me you're here just to spread misinformation.      Below is the regulations from the Arizona Oil and Gas Commission on temporary abandonment of Wells.   Desert Mountain Energy has to provide proof to the commision that these Wells will be able to produce to even gain temporary abandonment status.   In your previous post you said the pressures in these Wells were so low that you didn't even think they would produce.  16-1 is around 940 psi 7% Helium and 10-1 is 360 PSI 4% helium.   Pinta Dome ran at 170 PSI 8% helium.  So please tell me what about these wells gives you any indication that they will never see the light of day?

  
R12-7-125. Temporarily Abandoned and Shut-in Wells
A. If drilling, injection, or production operations at a well are suspended, or have been suspended for 60 days, an operator shall
plug the well under R12-7-127 unless the Commission permits
the well to be temporarily abandoned or shut-in. The Commission shall not classify a well as shut-in until the operator submits a completion report under R12-7-121.
B. An operator may temporarily abandon or shut-in a well for up
to 5 years if the operator demonstrates to a quorum of the
Commission a future beneficial use of the well and submits a
Sundry Notice to the Commission containing the following
information:
1. Evidence of casing integrity as required in R12-7-112
including a complete description of the current casing,
cementing, and perforation record of the well;
2. The stimulation and cement squeeze record and complete
data on the results of any well tests performed to date;
and
3. All other well data required in R12-7-121(A).
C. Before an approved time-frame for a temporarily abandoned
or shut-in well expires, the operator shall return the well to
beneficial use under a plan approved by the Commission, permanently plug and abandon the well, or apply for an extension
to temporarily abandon or shut-in the well. If the integrity of
the well casing is in question, the Commission may require the
operator to:
1. Prove casing integrity in accordance with R12-7-112;
2. Plug any well that fails to meet the casing integrity
required by R12-7-112; and
3. Re-test the well in accordance with R12-7-150 to continue shut-in status.
D. An operator shall ensure that no work begins on a temporarily
abandoned or shut-in well until approved by the Commission.
The operator shall give at least 24 hours’ notice to the Commission before any work begins. Within 15 days of completing
the proposed work, the operator shall file a written report with
the Commission fully describing the work performed including a copy of all test rates, pressures, and fluid analyses.

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