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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 canuckktraderon Sep 17, 2021 2:51pm
328 Views
Post# 33878719

RE:AOGCC Update

RE:AOGCC Update

I'm really sorry guys but I think some people need to wake up a bit here, this is the ultimate spin going on to try and coverup some really bad wells.

From past experince in drilling Oil and Gas wells, if you have a economical well there is no way you would apply for an Abandonment permit just because you need to wait 12 months to get equipment. This is total and utter nonsese. Cap your well head and suspend the well while waiting t for equipment there is zero logic in applying for abandonment unless its not a good well, and if I recall the preassures on wells 1 and 2 were so small I was doubtful they were every going to flow.

Do people really think they are going to fill these wells with cemet which is required for abandonomet and then come back and re drill them lol lol

 

I will give them this though they sure are good and trying to put a postive spin on some bad results.

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