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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 12groundpounderon Jul 13, 2021 4:12am
267 Views
Post# 33534561

2 zones 688-933 bpd he 11more zones 8 weeks2,3,x up

2 zones 688-933 bpd he 11more zones 8 weeks2,3,x upYes two zones are 688 to 933 barrels per day Helium From Wells number one and two ,what will 11 more zones add as each is tested followed by a reserve report from Wells Number four and then one and two.
     1 Production numbers not from just one zone Like Wells number one and two with only 5 feet 0f perforations but production and flow testing of all four zones followed by a reserve report .Then back to well one and two for the seven zones flow tested and reserve report This should  be accompanied by the percentages Of helium in each well as well as the other gases and percentages  that are in the mix
      2 the other seven zones in Wells number one and two that were never perforated with military explosives will be flow tested with a reserve report  from all seven zones.
        3. If The other zones production  is  anything close to the two zones that were tested in the first two wells  the reserves will be huge with massive production numbers. In company literature they said that in the future they would be brave and ask for down spacing which if granted would double the amount of wells too Produce two wells per square miles producing  from separate zones. If we get this massive production of 800 barrels a day from the first two zones  producing revenue of $800,000 a day  Think What the same kind of production and reserves would do from If the other zones are just as good or close to it. We would then have 40 to 50 year reserves Per well if we only produce from one zone. The quality of this would skyrocket higher than any other helium company on the planet. Highest profit with the lowest cost with the biggest net back volume wise and percentagewise. This would be rated premium premium premium. I can see the institutions falling over themselves to buy some Shares in this.
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