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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 HeliumHighon Feb 17, 2023 2:02pm
670 Views
Post# 35292575

Spacing Exemption

Spacing Exemption

I know we are all anxious for updates regarding the McCauley processing plant, but I just head that an AOGCC public meeting was held today and that DME was approved for a spacing exemption that would allow it to drill one well per 40 acres in the McCauley field. DME has talked about this possibility and I'm glad to hear that they are executing accordingly. I assume there will be some announcement will be forthcoming at some point (maybe along with an update on the plant startup) with more details and associated plans. 


Just a bit of good news to carry you through the weekend!

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