Desert Mountain Energy is pleased to announce that it has now filed two separate applications with the Oil & Gas Conservation Division of the Oklahoma Corporation Commission in Oklahoma City to acquire drill permits for two new primary wells in the Company's Kight-Gilcrease Sand Unit oil field in Seminole County. The two wells will be simple [...]
Desert Mountain Energy is pleased to announce that it has now successfully completed all of its planned 2-D seismic studies in the Holbrook Basin of Northeastern Arizona. The geophysics program was carried out by Bird Seismic of Globe, highly experienced local geophysics professionals with an outstanding reputation for quality work product and [...]
Desert Mountain Energy Corp. is pleased to announce that Brixton Metals Corp. has released favorable drill results from its Thorn property in B.C's Golden Triangle by Press Release dated July 15, 2019. The results included an intersection of 554.70 m of 1.97 g/t AuEq, including 135.96 m of 1.35 g/t Au, 0.31% Cu, 133.62 g/t Ag or 5.00 g/t AuEq at [...]
Desert Mountain Energy Corp. is pleased to announce that analytical tests performed on gas samples from three existing oil & gas wells in the Company's Kight-Gilcrease Sand Unit oil field in Seminole County, OK returned positive results for the presence of helium, with concentrations up to 1.3622% He. These initial test results are viewed by [...]
Desert Mountain Energy is pleased to announce that Mr. Scott Davis, CPA, CGA, has been appointed to serve as the new Chief Financial Officer of the Company, replacing Ms. Jennifer Todhunter. Ms. Todhunter has resigned as CFO, Corporate Secretary and as a Director in order to pursue other professional and personal interests outside the resource [...]
Desert Mountain Energy Corp. is pleased to report that it is now conducting geological studies and gas sampling to determine the helium potential of its Kight Gilcrease Sand Unit oil and gas project in Seminole County, OK . The KGSU is situated in an area of Oklahoma which has been host to numerous helium bearing gas wells, with commercial [...]
Desert Mountain Energy announces that as of March 7, 2019, the TSX Venture Exchange suspended trading of the Company's securities as a result of a Cease Trade Order issued by the British Columbia Securities Commission and Ontario Securities Commission. The Company was in default by reason of late filing of its interim statements for the period [...]
- Desert Mountain Energy Corp. is pleased to announce that targeting work for its upcoming 2019 helium drill program is ongoing in Arizona's Holbrook Basin in North-Central Arizona . After preliminary review of geological, historical, cultural and environmental factors, the Company has developed seven distinct prime prospects in different areas [...]
- Desert Mountain Energy Corp. announces that the City of Flagstaff has terminated the Memorandum of Understanding for mutual cooperation and strategic development of helium and hydrocarbon resources in the greater Flagstaff region and Coconino County, Arizona. The newly elected City Council determined that it had not had sufficient opportunity to [...]
- Desert Mountain Energy Corp. is pleased to announce that it has entered into a Memorandum of Understanding with the City of Flagstaff for mutual cooperation and strategic development of helium and hydrocarbon resources in the greater Flagstaff region and Coconino County, Arizona. The initial Term is one year. Under the MOU, the parties agree to [...]
- Desert Mountain Energy Corp. is pleased to announce that it has now been assigned a new stock symbol by FINRA for trading of its Common Shares on the U.S. O-T-C Market. Effective Tuesday, January 29, 2019, the Company's Shares will trade under the symbol DMEHF. Previously, its Shares traded under the symbol AFQMF. According to Irwin Olian, CEO of [...]
- Desert Mountain Energy Corp. is pleased to announce Mr. Robert Rohlfing has been engaged as Executive Vice-President, Head of Technical Operations of the Company and of its U.S. subsidiary, Desert Energy Corp., a Nevada corporation. In addition, Mr. Rohlfing has accepted a position as a member of the Board of Directors of each company. Mr. Robert [...]