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Desert Mountain Energy Corp V.DME

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

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

Comment by HeliumHighon Apr 29, 2021 9:14am
230 Views
Post# 33089777

RE:DESERT MOUNTAIN ENERGY SECURES PERMIT FOR WELL

RE:DESERT MOUNTAIN ENERGY SECURES PERMIT FOR WELLA bit more info on this well from an earlier release in January: "Well #4 will be drilled on private land and leases with both planned wells to be drilled to the Pre-Cambrian Granite at 3,900+-, with drilling scheduled upon final permit & equipment availability. Both well #4 and #5 will be located approximately 30 miles from wells #1 & #2. The Companys geological staff believe that the anticlinal feature and required trapping mechanisms for helium are present. It is expected well #4 will be proving up multiple deeper / higher pressured prospective zones. The Company would anticipate the area surrounding this well could accommodate placement of 8-12 wells, the majority of which would be on the same friendly private surface and mineral ownership. In keeping with the Companys direction of being a responsible member of the community, starting with limiting the surface area of disturbance. Most of these locations are very close to all weather roads and on sites with little or no vegetations with the utilization of only NSF 60 additives, if required, for the drilling of any well. For the past two decades principal management of the Company has utilized only these environmentally safe additives."
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