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Bullboard - Stock Discussion Forum 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... see more

TSXV:DME - Post Discussion

Desert Mountain Energy Corp > Rig Mobilization for #4 well...
View:
Post by jrk8888 on Jul 27, 2021 6:17am

Rig Mobilization for #4 well...

Desert Mountain Energy Announces Rig Mobilization for Completion and Testing of Well #4

V.DME 

TSXV: DME
U.S. OTC: DMEHF
Frankfurt: QM01

VANCOUVER, BCJuly 27, 2021 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME)(U.S. OTC: DMEHF)(Frankfurt: QM01) From the President of the Company.

Desert Mountain Energy Corp. is pleased to announce that it has mobilized the completion rig, additional testing equipment and associated personnel to undertake the completion and flow testing of well #4. "We are pleased to be using some of the newest and most cutting-edge tools for the downhole completion portion of this well. We look forward to expanding the application of these tools along with other completion equipment and improving the technological database. The library of detailed information derived from our drilling programs will expand the company's understanding of specific geological formational environments which produce helium," said Desert Mountain Energy Corp. CEO, Robert Rohlfing.

Comment by Margin321 on Jul 27, 2021 6:50am
Good to get going on this. Just a little weird but so what. Don't know why they need "newest and most cutting edge tools” or why they need to "expand the application of these tools along with other completion equipment" or to improve "technological database (and) understanding of specific geological formational  environments that produce helium".  Just flow ...more  
Comment by tylerod1 on Jul 27, 2021 7:39am
4/4 on wildcats i don't care if the run around the desert burning sage and sacrificing goats. 
Comment by Margin321 on Jul 27, 2021 10:25am
I don't think that is Kelli Ward's thing. Robert Rohlfing either.
Comment by 12groundpounder on Jul 27, 2021 8:02am
I've always been old school house never one to except the new Technology. Who would've thought our computers would end up on A cell phone with massive storage videos the camera would be obsolete music beautiful music and gorgeous sounds good stereo on the shelf and I laughed at it. I think the new technologies give you an advantage over your competitor  and  Anything that gives ...more  
Comment by GoldenArm on Jul 27, 2021 9:45am
Just buzz words "Cutting" and "Leading edge"  The use of new tech would imply that the data derived from it would be information no one has gotten before or that the information would be of higher resolution. When you are 4/4 you want to be 50/50 and if this gives them that edge go for it. For the average investor this means nothing technologically, other than your ...more  
Comment by Bertie20 on Jul 27, 2021 11:59am
Even though DME are four-for-four, each well has learnings for the company. In this instance, it was the first well that was drilled so deep, which may partly explain the reference to "deepen understanding of specific geological formations environments". Rohlfing in one of his recent interviews in passing mentioned that wells 5 and 6 may not have been the sweet spot for porosity (though ...more  
Comment by Engineersoilgas on Jul 27, 2021 12:55pm
This is Great news!  Seeing no test separator on the 10-1 test made me cringe.  Now  bringing a test separator will allow them to do multi rate testing and get better reservoir data.  I was a test engineer on offshore wells and there is a lot they can do to improve data quality.  For example they could do a downhole shut in to improve the quality of the pressure buildup. A ...more  
Comment by Buyhigheatchips on Jul 31, 2021 5:53pm
Does this same analysis still need to be done on wells 1 and 2?
Comment by 12groundpounder on Aug 01, 2021 4:09am
I believe in one of the videos that Don did he spoke of finishing with well 4 and then moving back to Wells number one and two to test the other zones seven of them but they haven't tested. You'll just have to wait for an update as they have been fine-tuning the way they do things all along the way which is good because if they didn't take their time drilling well number 4 They say ...more  
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