Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 12groundpounderon Aug 11, 2021 6:17am
149 Views
Post# 33683560

RE:RE:Dme 1, 5 zone well = 4 that others drill for 5 mln

RE:RE:Dme 1, 5 zone well = 4 that others drill for 5 mlnIt's nice to have a very long life reserves and the institutions want tobuy In Will pay premium premium to get the best. Perhaps later on Arizona will allow us to drill other wells and down space. The important thing is to be the premium of premium helium companies. Once Arizona realizes how rich this is they will realize there's not a threat to the production by allowing down spacing into half a mile instead of a mile . Then possibly even a quarter mile that's in the future though. This is a new major industrial development for Arizona. They will adjust the rules as they deem prudent. If you had three wells in a square mile of producing from another Reservoir that wouldn't infringe on long life reserves of individual zones then I'm sure they'll allow it.
<< Previous
Bullboard Posts
Next >>