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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 HeliumHighon Jan 11, 2023 11:36am
325 Views
Post# 35215865

RE:RE:Indicator?

RE:RE:Indicator?I think I recall recent comments from DM that the existing wells "could" represent about 1/3 of the processing facility, so I would actually expect another ~10 producing wells could be supported by the current MF processing plant without further expanstion (which in theory should be relatively simple due to its modular design, but we'll see).  Moreover though, until we actually know the flow rates of the relevant wells, it is very difficult to guage the number of wells for which the current MF plant could process gas.  And to be clear, "currently" the MF plant can still process gas for 0 wells (though hopefully that changes very soon)!  :)

Thanks, Fredo.  I certainly endeavor to offer observations and analysis based in fact and reasonable analysis - but it is certainly easy for one to get carried away with the math on paper based purely on possibilities that do not yet have a sufficient basis in reality (which is a far cry from the results of actual operations).  I appreciate thoughtful questions and differing perspectives from those who have more (and perhaps healthier?) skepticism and/or modest expectations than I do about various aspects of DME.  But no, that is NOT an invitation to trolls that occassionally come here to try to promote other helium companies and simultaneously try to raise baseless questions, issues or attacks on DME (and yes I despise the senselessly incessant posts of "promoters" like our old friend 12groundpounder just as much).
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