Desert Mountain Energy Corp. GUNNAR DOME WELL The workover rig and the required associated equipment are scheduled to arrive next week upon being released from their current work. We will be conducting a cement squeeze operation on both sets of current perforations in order to isolate them. Once completed, perforation into a different zone where [...]
Desert Mountain Energy Corp. The Company is pleased to announce that it has signed a Joint Operating Agreement with Beam Earth Ltd. The JOA initially encompasses the shallow hydrogen zones found while drilling in the McCauley helium field. The agreement provides for the Company's continued ability to remain focused on its helium prospects, whilst [...]
Desert Mountain Energy Corp. The Company is pleased to announce that court in Coconino County has dismissed every claim filed against the Company by the City of Flagstaff with the exception of one breach of contract claim, regarding a prior licensing agreement. The Company is in the process of reviewing all pertinent details of the judge's ruling [...]
Desert Mountain Energy Corp. is pleased to announce that it has closed its non-brokered private placement previously announced on September 1, 2022, raising gross proceeds of CAD $6,090,400. The Company issued 2,342,461 units at a price of CAD $2.60 per Unit. Each Unit is made up of one common share of the Company and one share purchase warrant [...]
Desert Mountain Energy Corp. is pleased to announce that $5.3M has been received with the balance of the announced $5.98M private placement expected to be received shortly. The financing will be closed upon receiving TSXV conditional approval. The completion rig is on the Gunnar Dome Well site. Completion and testing should be completed next week [...]
Desert Mountain Energy Corp. is pleased to announce that it is proceeding with a non-brokered private placement offering to raise up to CAD $5.98 Million. Under the terms of the private placement, the Company will offer for sale up to 2.3 million Units at CAD $2.60 per Unit. Each Unit will consist of one common share of the Company and one share [...]
In this segment of The Ellis Martin Report, Desert Mountain Energy Corp.'s Executive Chairman Robert Rohlfing reviews the Company's Helium and Hydrogen Projects in Navajo County, Arizona, including the upcoming delivery of the modular solar-powered production facility. Desert Mountain Energy was also pleased to speak at the Asia Pacific Drilling [...]
Frankfurt: QM01 Desert Mountain Energy Corp. , , From the President of the Company. The Company is pleased to announce that it has acquired an additional 40 acres of land for future facilities in Navajo County, Arizona. Desert Mountain Energy Corp. has made progress on the Gunnar Dome prospect and has set and cemented the production casing. The [...]
Desert Mountain Energy Corp. From the President of the Company. The Company is pleased to announce that it has encountered the largest number of helium and hydrogen showings from all wells drilled thus far, on its Gunnar Dome prospect in Arizona. Mass spectrometer readings during drilling operations clearly delineated multiple zones which had [...]
Desert Mountain Energy Corp. From the President of the Company. The Company is pleased to announce they have entered into an agreement with Beam Earth Ltd. to cooperate and define the commercial possibilities of the Company's sulphur-free hydrogen discoveries. Beam Earth Ltd. has expertise in cost-effective and innovative methods to produce [...]
Desert Mountain Energy Corp. From the President of the Company. Desert Mountain Energy is pleased to announce the spudding of the Gunnar Dome Wildcat Well. The intended depth of this well is 4,500'+- and is designed to test all zones to the top Granite Formation. DME will be utilizing the same successful drilling procedures, including multiple [...]
Desert Mountain Energy Corp. From the President of the Company. The Company is pleased to announce that the rig has been released to us and will be mobilized to our Gunnar Dome prospect in Arizona. The intended depth of this well is 4,500'+- and is designed to test all zones to the top Granite Formation. We will be utilizing our same successful [...]
