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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 > Technically don't get it
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Comment by Bertie20on May 15, 2021 9:35am
194 Views
Post# 33209638

RE:RE:RE:RE:Technically don't get it

RE:RE:RE:RE:Technically don't get itAlternatively, just read this lad.

"Our plan is to have 60 to 70 wells online, four years from now. The five wells that we're bringing online, we expect will be generating about $50 million US a quarter in revenue, when they've been upgraded and sold to end users. You can do the numbers on what 60 or 70 wells would bring us.
https://metalsnews.com/t1356293i
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