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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 Bertie20on Jan 20, 2023 11:00am
250 Views
Post# 35235500

RE:RE:Commissioning

RE:RE:CommissioningBased on a note DME just posted on their website, it sounds to me that they will be selling helium during the optimization process. After all, they will be producing during that time, even if it's modest amounts initially. Working backwards, Dom said in that twitter interview yesterday, he said full commercial production will be in May/June. Given that they're suggesting that optimization will take 90 days, I'd estimate that production--and soon after sales--will commence in late February. That's must my take though: hopefully DME will do another interview soon and provide a bit more clarity.
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