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 > Long Term Price Target | 60 to 70 Wells | $1,100 per MCF

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Comment by FilProTradingon Apr 12, 2021 4:07pm

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Post# 32979259

RE:RE:Long Term Price Target | 60 to 70 Wells | $1,100 per MCF

Hi Fredo...taxes and royaliites are covered in my estimate as they were loaded into the profit calculation I derived from DME's 18-month payback at $275mcf for 5 wells. Specifically, I am only estimating $22MM of $35.7MM annual revenue per well at $1,100mcf would be profit. $13.7M is atrributed to taxes, royalties and some level of OpEx (unless fully covered by Argon sales).

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