Desert Mountain Energy Corp V.DME

DESERT MOUNTAIN ENERGY DISCOVERS HYDROGEN FIELD IN ARIZONA

[Betteryear2]

VANCOUVER, BC, Feb. 28, 2022 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP.  (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company.

https://www.prnewswire.com/news-releases/desert-mountain-energy-discovers-hydrogen-field-in-arizona-301491507.html

 

[Bertie20]

Bit of a left field announcement!! Seems like they are trying to make the max news from one well (which is fine by me)--note, they have also divested the oil acreage in Oklahoma, which is probably a good thing as it was contradictory to their clean energy image. One last thing to add: just because this announcement doesn't mention helium, it doesn't mean that none has been found. We

[Fredo51545]

At the very least, this means there is potential for significant by-product credits which will be additive to the He value of the wells. Importantly, the hydrogen does not impair their ability to separate He. Recall that well #2 had some H and they were going to use it as a backup fuel supply for their solar power. Whether they can commercialize larger quantities from their location remains to be

[ScaleofSale]

The He numbers at the end of the current phase of drilling will be what matters. Production level amounts is all that really matters.