Desert Mountain Energy Corp V.DME

Well 4?

[GoldenHills]

When are we expecting them to finish drilling and know the results of the well? Thanks

[jrk8888]

Well 2 took 12 days between announcement of drilling and results. This well is about 1000 feet deeper so I imagine pretty soon as it's day 15 now. A bit surprised they haven't given an update.

[tylerod1]

Do they drill on the weekends? I believe business day #10 was yesterday and there was memorial day weekend. 

[Bertie20]

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

[Bertie20]

Just a quick update: I heard from the company. It sounds like there's been some minor issues during the drill, but they're drilling ahead and no need for concern. I'm not going to disclose anything now, but also expect some updates on the well order (and future planned reserves analysis). 

[Jimmyjohn1]

Thanks for update. How come you cant disclose anymore?

[deercreekguy]

I agree.we realy appreciate your work in finding what is going on.  I am heavily invested in this company and I expect it it to do very well, but I amold enough ( 89) to understand  that high risk positions can go south.  In the meantime I welcome any news about the company.

[Buyhigheatchips]

The appointment of a drill operations manager tells me they want to keep a closer eye on drilling for whatever reason.