Desert Mountain Energy Corp V.DME

Likely wimpiest press release date of all time

[Margin321]

<<Desert Mountain Energy Corp. is pleased to announce that it has finished the completion and testing of well #4 and has released the rig. The Company has sent flow gas samples to the laboratory for testing and will announce those results when it has completed reservoir analysis on the well. "Open hole logs and flow tests have provided significant additional data which the exploration team is applying to the current data set," said Desert Mountain Energy Corp. CEO, Robert Rohlfing.>>

We don't know if the well is a discovery, if it is commercial, what the flow tests showed, what rate if any it can be produced at, whether there are any proven reserves, what the helium concentrations are. The problem as release might have said -"  Testing done, more later. " Kind of bizarre to have press release to announce that. 

[GoldenArm]

There is no pleasing some people.

[tylerod1]

Agreed, People were on here bashing them for not updating us and now they're bashing him for updating us. 

[ScaleofSale]

Agree, almost unworthy of a NR. Hopefully this is underwhelming to compensate for him being a little loose lipped earlier in the year. I am sure DME has fielded numerous inquiries. Just speculation on my part, but maybe the further lab tests are to satisfy the rumoured customer interests. It would seem those questions could be answered at the same time. Keep an eye on the SP and who is selling.

[Jimmyjohn1]

Probably just to give us an update on whats going on, its been a while since we heard anything. Now we know we are getting close. Im happy to hear something.