Frankfurt: QM01 Desert Mountain Energy Corp. From the President of the Company The Company is pleased to announce that it has added Marta Hodan Wasko as VP of Geology. Marta is a petroleum geologist with a focus on sedimentology and stratigraphy with multiple years of experience in exploration, development, reservoir characterization, and [...]
Desert Mountain Energy Corp. is pleased to announce that Helium concentrations in Offset Wells #5, #6 & #7 were higher than originally found in Discovery Well #4. The average Helium percentage makeup using combined starting flow rates from the offsets was 3.511%. CO2 averaged 0.0201% with the balance of the gas being Nitrogen. These zones were [...]
Desert Mountain Energy's contractor, GENERON, has begun fabrication of the McCauley Helium Processing Facility. The processing facility is the first solar-powered helium processing facility in the world. In addition to using solar energy, the Company will also use hydrogen that was discovered in the McCauley Helium Field as a backup energy source [...]
Frankfurt: QM01 Desert Mountain Energy Corp. From the President of the Company. Desert Mountain Energy Corp. is pleased to announce that it has completed cased hole work on Wells 5 and 6. Completion work on Well 7 is anticipated to be completed later this week. Bottom hole pressures were within the expected values and the initial flow test and [...]
Desert Mountain Energy Corp. The Company has released a corporate demonstration showcasing our general drilling and casing procedures which exceed state regulatory requirements. Cementing and casing costs have increased by over 19% by following these procedures but are deemed necessary by our technical team. These procedures not only protect [...]
Desert Mountain Energy Corp. has now started completion work on Offset Wells #5, #6 and #7 in the McCauley Helium Field. Sampling will be completed in the next 10-14 days with approximately another 14 days to get results for public release. "The team is excited to finally complete and sample the 3 offset wells in our McCauley Helium Field which [...]
Desert Mountain Energy Corp. From the President of the Company. The Company is pleased to announce that it has purchased five heavy haul rigs to move drilling and plant processing equipment. The Company has lost critical time waiting to get drilling equipment moved and has seen a large increase in heavy haul rig costs. DME spent in excess of USD [...]
Desert Mountain Energy Corp. From the President of the Company. The Company is pleased to announce that it is mobilizing the cased hole logging work on Wells #5, #6 and #7. DME will be utilizing additional cased hole logging tools to further increase our team's knowledge and correlate the mass spectrometer, gas chromatograph readings, geo logs [...]
Desert Mountain Energy Corp. As DME continues on its path to production, the Company would like to make an update on the progress through to the start of Q3. CRITICAL GLOBAL HELIUM SHORTAGE: 1. The Russian Amur Complex fires and explosion has removed a projected source of up to 25% of global helium demand. 2. The US Government has suspended [...]
Desert Mountain Energy Corp. is pleased to announce that the Arizona Court of Appeals has ruled unanimously in favor of the Company and ordered the original ruling vacated and remanded. Furthermore, the Company will make announcements concerning Well #3 and other pertinent issues as appropriate. We deeply appreciate and applaud our legal team [...]
Desert Mountain Energy Corp. is pleased to announce that it has set production casing to the top of the Granite Formation in Well #7. In addition to the previously announced hydrogen and helium zones, the well encountered additional multiple zones where helium was shown to be present via the mass spectrometer. We had three repeated zones of [...]
Desert Mountain Energy Corp. The Company is pleased to announce that they have been chosen as the recipient of "Best Helium Exploration and Development Company - North America" by the Canadian Business Awards 2022. For the past six years, the Canadian Business Awards honours pioneering industries and businesses that have contributed to the Canadian [...]