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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 jrk8888on May 19, 2021 9:22am
157 Views
Post# 33228927

RE:Well #4 underway

RE:Well #4 underway The Company is pleased to announce that it has began operations on well #4 located near in the State of Arizona in the Holbrook Basin. Well #4 will be the deepest to date going to the bedrock granite, approximately 3900 feet, and is expected to take approximately 10 days to drill and test. Desert Mountain Energy expects to encounter rare earth gases in addition to helium. The Company is using cutting edge testing equipment, including drones and air borne sensing equipment to collect data. The resulting data will be combined with results from previously collected data, using non-invasive high tech sensing equipment.
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