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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 Dec 15, 2022 3:04pm
156 Views
Post# 35174009

RE:RE:RE:RE:2.8% helium is a fine concentration number

RE:RE:RE:RE:2.8% helium is a fine concentration numberMetering and other well head measurements will not affect production or sales. it is the only way to assign the production to a specific well so they can monitor production but also flow rates, pressure stabilty, economic return of the well. Also once you load helium into a truck to transfer to the plant, there is leakage that occurs. I don't even know why they talked about this in the press release. They should have just given some indication of flow rates It would make a huge difference if the well flowed at the 1,250 MCFG/ day like the State 16-1 or at 24,200 MCFG/day like the State 10-1 well. (those numbers are on entry page of their well site. These wells are shallow, don't have high pressure and flow rates of deep gas (or helium) wells. They have shared flow rates in past, don't know why they won't share them on Gunnar well. 
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