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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

Post by Bertie20on May 24, 2021 8:33am
347 Views
Post# 33256498

Helium market

Helium market

I've just read an interesting report from Hannam & partners. It's actually a report covering Helium One, so you can ignore the first two pages. However, pages 3 and 4 cover global helium demand/supply trends. Overall, it looks bullish for the helium price....

The section on the US is especially intriguing. I can't seem to copy and paste, but a few highlights are that US helium production was down 10% last year, and that there is a risk that supply from the BLM (the big US strategic reserve) could decline sharply because of reservoir issues. Anyhow, like I said, pages 3-4 are quite interesting (link below):

https://drive.google.com/file/d/1sopNrDIccz-Tf4RcUlRKK08SQolp9nkN/view


 

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