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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 biloxibuzz2on Jul 11, 2022 5:31pm
392 Views
Post# 34816397

This gets settled no matter what!

This gets settled no matter what!Nobody is going to loose anything. The Mc Caully's may get dingged a little. DME may have to give a percentage of stock to the entity that previously leased it. I believeit will cost sometime, though. After Gunnar Dome they were planning another well on this field. That will be postponed. It may have to work thru the courts and that will take time. I am thinking this works out OK, but time will be lost.
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