Desert Mountain Energy Corp V.DME

Well #3

[Boscoe2015]

Anybody remember the specifics of well 3?

[gossamer8]

This post has been removed in accordance with Community Policy

[Boscoe2015]

Wrong company and commodity. Well 3 from DME showed great potential. Production casing and potential 40-60 ft pay layer. Jmo. Glta.

[Jimmyjohn1]

Well 3 hasn't been tested yet, Flaggstaff pulled them into a lawsuit before they could. We know there is showings of Helium there. But don't know how much.

[Deerock]

The only significant thing I remember is that Don said it was at the meteor crater location which, when properly sampled, will officially be the discovery of another new helium field. They did set production casing so I'm quite confident there is helium. 

[fausthimself]

https://www.desertmountainenergy.com/desert-mountain-energy-successfully-completes-drilling-of-third-helium-test-well-in-az/

[Bertie20]

I wonder if DME might be tempted to keep the completion rig for wells 5,6 and 7 just a little bit longer, and test well 3 as well? I doubt it would delay things by much at all, and it would save the additional mob/demob costs that an extra rig to test well 3 would require. 

[Deerock]

I think there's a chance we may have to hold our breath a little longer in regards to well #3. I'm certainly no expert in law but know a words legal definition is usually something different than what it usually means in regular use. I looked into the terms "vacate" and "remand". I think in this case vacate means to render legally void the decision of a lower court

[ScaleofSale]

That's basically correct. It will be up to the lower court to decide to re-litigate the particular issue(s) the appellate court determined the judge applied the law to incorrectly. Unlikely, but who knows. DME, I believe, also has the option to request a different judge, based on his error(s). I may be incorrect on that facet though as I'm not super familiar with the U.S. system.

[Buyhigheatchips]

I would like to read the decision from the appeals court. If anyone gets their hands on it can you host it on dropbox or Google drives and post the link?

[Bertie20]

Here you go: https://casetext.com/case/city-of-flagstaff-v-desert-mountain-energy-corp

[Marshall]

Sounds like some of the local politicians might be exploiting this.  Let me guess, an election is on the horizon.  

[ScaleofSale]

With only the ignorance of municipal government as my barometer, they appear likely to actually try again and they will likely lose. 

[Deerock]

All I can say is I'm great full to have RR and team with their foresight and optionally steering this ship. Seems like there are plenty of good targets out there that don't need the approval of municipal governments. 

[Marshall]

It is DME's plan to drill 50 to 60 holes.  This is moving ahead regardless of the noise.  The appeal is a wast of time.  Just more political posturing at the expense of their tax payers.  If you go back in history, these same politicians were once thinking of participating in DME's project and chose not to because of the risky nature.  So now they're apposed to