• DME REVITALIZING THE WEST PECOS SLOPE ABO GAS FIELD IN NEW MEXICO, USA

  • DME’S WEST PECOS GAS FIELD COMPRISES 188 WELLS ON 77,000 ACRES OF OIL & GAS LEASES

    Includes 50 miles of gas collection lines

  • THE HOLBROOK BASIN HAS THE HIGHEST He GRADES IN THE WORLD

    Historic Production of Helium Gas – 9.23 Bcf – ranging from 8% to 10% He

  • DME DISCOVERED SIGNIFICANT PERCENTAGES OF HELIUM IN 7 WELLS

    State 10-1 : 7.13 % Helium
    State 16-1 : 4.0904% Helium

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  • HELIUM PRICES RECENTLY INCREASED DUE TO CRITICAL WORLD-WIDE SHORTAGES

    From $USD385/MCF to $USD850/MCF

Exploration and development of high grade Helium & Noble Gas properties – in the US Southwest

West Pecos Gas Field Project

The West Pecos Slope Abo Gas Field encompasses a vast infrastructure, including 188 wells, over 50 miles of gas collection lines, and 77,000 acres of oil and gas leases. With the potential for future expansion, an additional 70-100 wells could be developed. DME’s processing facility is capable of producing various grades of helium. The primary source of revenue for the company will come from the sales of helium, natural gas, and condensate. DME operates a vertically integrated business model, allowing us to sell directly to end users.

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Holbrook Basin Helium Project

Arizona’s Holbrook Basin is considered by many to be “the World’s best address for Helium”, with historic grades ranging from 8% to 10%, and known as “the Saudi Arabia of Helium”. +100,000 acres of key Helium prospects under lease in Holbrook Basin in North Eastern Arizona, with prolific historic production. More leases pending.

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Hydrogen Projects

DME’s secondary focus is developing hydrogen assets located within their helium fields. The Company has signed a joint operating agreement with Beam Earth Ltd. to develop commercial applications for hydrogen.

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Uses of Helium

Importance of Helium

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News from Desert Mountain Energy

DESERT MOUNTAIN ENERGY CORP. STATUS REPORT ON ANNUAL FINANCIAL STATEMENTS AND RELATED FILINGS

Desert Mountain Energy Corp. (the “Company” or “Desert Mountain”) (TSXV:DME) was not able to file its annual audited financial statements for the year ended September 30, 2023 and its related MD&A, and other documents (the “Required Filings”) as set out in its news release of January 30, 2024.

DESERT MOUNTAIN ENERGY CORP. STATUS REPORT ON ANNUAL FINANCIAL STATEMENTS AND RELATED FILINGS

Desert Mountain Energy Corp. (the “Company” or “Desert Mountain”) (TSXV:DME) was not able to file its annual audited financial statements for the year ended September 30, 2023 and its related MD&A, and other documents

DESERT MOUNTAIN ENERGY CORP. ANNOUNCES DELAY IN FILING OF ANNUAL FINANCIAL STATEMENTS AND RELATED FILINGS

Desert Mountain Energy Corp. (the “Company” or “Desert Mountain”) (TSXV:DME) was not able to file its annual audited financial statements for the year ended September 30, 2023 and its related MD&A, and chief executive officer and chief financial officer certifications in respect of the foregoing, as well as its statement of reserves data and other oil and gas information, report

DESERT MOUNTAIN ENERGY COMPLETES REASSEMBLY OF WEST PECOS FIELD PLANT

Desert Mountain Energy Corp. (DME) is pleased to announce the successful reassembly of its natural gas and helium processing and extraction facility. The Company has received the final operational permit from the BLM. The company has made several plant modifications to enhance safety and accommodate upcoming regulatory changes in 2024.

DESERT MOUNTAIN ENERGY PROVIDES PROGRESS REPORT ON WEST PECOS SLOPE ABO PROJECT IN NEW MEXICO

The Company is pleased to confirm the delivery of all necessary components for the West Pecos helium processing plant. Heavy rains washed out portions of roads not maintained by the Company which delayed delivery of the larger multi-stage compressor. Operational start-up is anticipated to take place in the first half of November.

DESERT MOUNTAIN ENERGY GIVES UPDATE ON THE WEST PECOS SLOPE ABO GAS FIELD

The Company is excited to report its ongoing success in reassembling the helium processing facility in New Mexico. An additional dehydration unit will be added to the system, resulting in the removal of helium, inert gases, and heavy C-molecules.
The McCauley Helium Processing Facility

DESERT MOUNTAIN ENERGY COMPLETES HELIUM PROCESSING FACILITY MOVE TO NEW MEXICO GAS FIELD

The Company is pleased to announce that it has successfully completed the disassembly of the helium processing plant. All components have been transported to the West Pecos Slope Abo Gas Field and reassembly has begun.

DESERT MOUNTAIN ENERGY CORP. APPOINTS NEW MEMBER TO THE BOARD OF DIRECTORS

Desert Mountain Energy Corp. is pleased to announce the appointment of Michael O’Shea to the Board of Directors. Michael has agreed to become the head of the audit committee as an independent director. The Company acknowledges that being a publicly traded entity, it requires a board filled with competent independent members to meet the corporate governance standards set by the BCSC.

DESERT MOUNTAIN ENERGY PROVIDES UPDATE ON THE ARIZONA PROJECTS AND CLOSING ON THE INITIAL NEW MEXICO PROJECT

The Company is pleased to announce that it has closed on the purchase of the West Pecos Slope Abo Gas Field and gas gathering system located in Chaves County, New Mexico. The Company has assumed operations and the revenue stream from the existing wells.

The significance of Helium for technology.

Helium now plays a critical role in many important technologies, and is in disproportionately low supply throughout the world. Its important for the manufacture of high capacity hard drives, barcode readers, computer chips, semiconductors, LCD panels and fiber optic cable; as a refrigerant in cryogenics research; and as a coolant for nuclear reactors, MRI machines and space vehicles. These technologies are all dependent on Helium. Analysts have forecast a raw helium shortage due to dwindling reserves with year-to-year prices having increased 135% in 2018.

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Experienced Management Team

A seasoned oil & gas industry operations executive with a strong geological background and over 26 years’ experience in formulating, conducting and managing successful exploration, drilling, development and production programs for oil & gas and minerals worldwide.

Don Mosher has 35 years of experience in corporate finance, business development, management and marketing.  He has served on boards and management teams of many publicly traded companies, advising companies on marketing, financing and corporate strategies.

He earned his B.S. in Geology from the University of Oklahoma followed with both his M.S. and PhD. in Geology from the Colorado School of Mines.  His more than forty years of exploration and operations experience in the Rocky Mountains and Mid-Continent of the United States. Discovered and/or extended production in the Denver basin of eastern Colorado, the Sedgwick basin of southeastern Kansas, and the Cherokee basin of southeastern Kansas and northeastern Oklahoma.

Petroleum Engineer who has exhibited exceptional technical, leadership and organizational skills in all facets of drilling operations for oil & gas over the past 13 years in various management positions with ConocoPhillips.  Working in diverse locations in North America including the Bakken, Alaska and the Rockies, she has served as Drilling Engineering Supervisor in the Bakken, Global Wells Planning Coordinator and currently as Drilling Engineering Supervisor for ConocoPhillips’ Kuparuk, Alaska program.

Valorie focuses on streamlining accounting processes, budgeting and financial reporting, and supporting tax return preparation. Her firm focuses on tax and accounting support for over 320 clients in a variety of industries including oil and gas partnerships and corporations.

With 13 years of Oil & Gas experience as both an engineer and field supervisor, James’ drive to tackle new projects makes him an innovative leader and an integral part of the success of Desert Mountain Energy Corp. In addition to working on all aspects of the life of a well, he developed and designed a Real-Time Operating center that allowed for remote work on wells.

An accomplished professional with significant experience in senior audit and management roles, Michael’s career has spanned over 35 years working at KPMG and the Ontario Provincial Auditor’s Office, followed by senior audit positions at Enbridge and Gulf Canada.

Dr. Kelli Ward has dedicated herself to medicine, business, public policy and politics for the past 25 years. As an osteopathic physician, Dr. Ward has a specific interest in the current uses of helium in medicine and its role in the future. She has extensive experience as a physician, public health expert, small business owner, and policymaker.