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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 Margin321on Aug 07, 2021 8:07am
210 Views
Post# 33668028

RE:New tech Identifies reads which gases & how much

RE:New tech Identifies reads which gases & how muchDME has a price for their Helium contingent on a certain ppm of Helium3. 

They do not have a price for He3 since they don't have any (just possible a richer feedstock for extraction process). 

The extraction process right now has be done at near zero temps and has really never been used to create meaningful amounts of He3 from natural gas or from other primary helium wells either. Rather the helium3 has come from decay of tritium in aging nuclear warheads, and that supply is diminishing. 

Of course the are working in new and better ways to extract He3 - after all they are the Department of Energy Isotope Laboratory.  But that extraction will remain very difficult and technical for a long time - no company will likely be able to sell purified He3 to the government for a long time, and then only the biggest gas processors with the most sophisticated technology (not even fully developed at this time.

With all that said, a source of Helium that is closer to primordial (or cosmological) helium is very valuable to governments trying to advance the technology of extracting He3 from natural sources on earth. Helium from natural gas wells has 5-20 ppm of He3.  I think all sources of primary Helium combined with nitrogen but absent hydrocarbons (DME in Arizona, some Saskatchewan and Alberta areas, and especially Tanzania) will be tested for He3 and any supply with 100-200 ppm will get a premium price from some government (or maybe some huge gas processor) working to advance the extraction technology.

It is very interesting that DME has such a price (otherwise no same day payment agreement) and also has specifications (how many ppm of He3) for the gas that will get this price. I wish that we knew those two numbers. RR has loose lips for sure but not that loose. I am sure there are confidentiality agreements in those contract. 
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