Desert Mountain Energy Corp. From the President of the Company. The Company is pleased to announce that it has acquired an additional 9,885.2 acres in Navajo County, AZ. These properties were selected based on results from drilling and the Company exploration team feels strongly about these newest acquisitions and the additional 15 highly [...]
Desert Mountain Energy Corp. From the President of the Company. Desert Mountain Energy is pleased to announce guidance on helium reserves on its first well completed in 2020. The reserve estimate table is provided to help provide guidance on possible reservoir scenarios based on four point flow testing and correlated by Dr. Ed Coalson. The report [...]
Desert Mountain Energy Corp. The Company is pleased to announce that it is continuing to review properties it had originally acquired for hydrogen production possibilities. The Company had originally acquired properties that it considered as highly prospective for both hydrogen and helium production and had chosen to focus on the more easily [...]
Desert Mountain Energy Corp. The Company is pleased to announce that is has set 4:00 pm EST on 01/21/21 as the time for a conference call with senior management. Callers are welcome to join the Zoom meeting using. The Company is also asking callers to mute their devices unless speaking. It is expected that the CEO will speak for 10-12 mins followed [...]
Desert Mountain Energy Corp. The Company is pleased to announce that has exercised some of it options on properties and has acquired an additional 8,510 acres in Navajo County, Arizona. All of the newest properties are on private lands. Dr. Ed Coalson and Dr. Jim Cronoble are extremely excited with the number of probable locations across a helium [...]
Desert Mountain Energy Corp.’s efficacy of its proprietary system for geological research has moved from conceptual to reality with actual drilling results. The Company looks forward to proving up more of their forward-thinking methodologies. DME is looking for higher percentage He3 & He4 concentrations similar to what it has thus far found and [...]
Desert Mountain Energy Corp. The Company has received information, not yet confirmed with the City of Flagstaff, that Flagstaff has filed a temporary restraining order against the Company seeking an evidentiary hearing to stop the further drilling of any oil and gas wells located on the Company’s land holdings adjacent to Red Gap Ranch. The Company [...]
Desert Mountain Energy Corp. The Company is pleased to announce that it successfully completed drilling of the previously approved and permitted third well last Tuesday 12/08/20 and open hole logs run and production casing set and cemented into place. Upon the removal of drilling equipment, the single pit was immediately filled, thereby completing [...]
Desert Mountain Energy Corp. is pleased to announce that it has commenced drilling its third well in Arizona. DME well # State 26-1. The well is anticipated to be drilled to a total depth of approximately 2,000 feet. This well is located approximately 70 miles west of the first two wells and is intended to prove up a number of significant [...]
The Company is pleased to announce that the Arizona Oil & Gas Conservation Commission has granted Desert Mountain Energy Corp. the permit to drill the third exploratory helium well in NE Arizona. This well is located approximately 70 miles west of the two successful wildcat helium wells the Company drilled then completed in August of this year [...]
Desert Mountain Energy Corp. is pleased to announce that it has been granted OTCQB listing status in the U. S. This move will help facilitate easier access for brokers and new shareholders in the United States. Also, the company has made significant progress in regards with the decision for placement of the final helium processing facilities and [...]
Desert Mountain Energy Corp. The third quarter has been very significant for the Company. Received drill permits for wells State 10-1 and State 16-1. Successfully completed both wells, significant pay zones were discovered in both holes. Sampling proved significant concentrations of helium in both wells with excellent well pressure, low CO2 [...]