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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 2percentheliumon Apr 21, 2022 10:20am
216 Views
Post# 34619873

RE:RE:RE:News

RE:RE:RE:NewsI think well #2 was re-worked down to 4000' as well...so the % He is likely less but purity greater. But I could be wrong, there have been a lot of interviews and news releases since it was initally drilled.  With new investors coming on board daily now, it might be important to understand the fields with the highest % He are not necessarily the easist ones to process. Hence, a $7 million dollar plant  to process 1.13% He, vs a $55 million plant to process 3% He in Sask..But in all the wells, there was multiple pay zones, so RR could(would) match up pay zones to produce maximum amounts of He with a minimum of processing.  So why % of He is important, % and composition of other gasses are just as important.  The hammering DME took last sept. was based on % He, despite it being one of the cleanest fields on the planet. Coremark was not helpful either in looking at just one parameter.  But with He availabilty so low right now, companies finding it are going to get ahead of thir skis from time to time...
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