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 > Stocktwits DMEHF

<< Previous

Bullboard Posts

Next >>

Comment by Fredo51545on Mar 18, 2021 9:03am

216 Views

Post# 32824498

RE:RE:RE:RE:RE:Stocktwits DMEHF

Thank you for your post. It was very well done. However, the company has no current plans to produce from more than the original 50-55 wells. Also, the gross per well production volumes implicitly embedded in your analysis seem high to me.Perhaps a good estimate of initial production but lower volumes would better represent decline curves over the life of the wells. Just my opinion as we know so little.In any event, the upside here remains huge with further drilling success. There will be dry holes, so be prepared for a rocky ride when that happens. GLTA.

<< Previous

Bullboard Posts

Next >>

WINNERS of the COP 29: Siemens Energy, Plug Power, dynaCERT!