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 [...]
- 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 [...]
MOUNTAIN ENERGY CORP. is pleased to announce the acquisition of the Kight Gilcrease Sant Unit oil and gas project in Seminole County, OK has closed. Under the terms of the definitive Purchase Agreement dated February 13, 2018, as amended on November 5, 2018, between the Company, Seminole Productions, LLC, an Oklahoma private company , and Desert [...]
- Desert Mountain Energy Corp. announces that it granted on November 26, 2018, subject to any necessary regulatory approvals, incentive stock options to purchase up to an aggregate of 1,212,500 shares of its Common Stock. Of these options, 1,137,500 are being granted to a group of five officers and directors, and 75,000 are being granted to a [...]
Desert Mountain Energy Corp. is pleased to provide the following amendment of terms and update on the status of its pending acquisition of the Kight Gilcrease Sand Unit oil and gas project in Seminole County, OK . The Company entered into a definitive Purchase Agreement dated February 13, 2018, with SEMINOLE PRODUCTIONS LLC, an Oklahoma private [...]
- Desert Mountain Energy Corp. is pleased to announce the closing of its previously announced non-brokered private placement which has raised gross proceeds of CAD $689,707. Under the terms of the private placement, the Company has issued 3,448,534 Units at CAD $0.20 per Unit. Each Unit consists of one common share of the Company and one-half of [...]