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Desert Mountain Energy Corp V.DME

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

Metals & Mining Industrial Metals & Minerals
Desert Mountain Energy Corp. is a Canada-based resource company primarily focused on the exploration, development and production of helium, hydrogen, natural gas and condensate. The Company is focused on helium extraction from different raw gas sources in an environmental and economical manner by supplying elements deemed critical to the renewable energy and high technology industries. Its Holbrook Basin Helium Project comprises more than 1000,000 acres of key helium prospects under lease. Its West Pecos Slope Abo Gas Field and gas gathering system is located in Chaves County, New Mexico. The West Pecos Gas Field encompasses a vast infrastructure, including 188 wells, over 50 miles of gas collection lines, and 77,000 acres of oil and gas leases. Its secondary focus is developing hydrogen assets located within their helium fields.


TSXV:DME - Post by User

Desert Mountain Energy Corp
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(22)
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Comment by Bertie20on Jun 23, 2020 8:39am
104 Views
Post# 31179864

RE:RE:Gas encountered!!

RE:RE:Gas encountered!!It's definitely promising for helium, given the well's address. There's also clues in the announcement: notably, the "significant gas flows" could be indicative of helium (although it could also be indicative of good quality permiability and porosity).
Anyhow, on to the next well!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities