• DME DISCOVERED SIGNIFICANT PERCENTAGES OF HELIUM IN THE FIRST FOUR WELLS

    State 10-1 : Flow Rate 24,214 MCFGPD @ 7.13 % Helium
    State 16-1 : Flow Rate 1,251.2 MCFGPD @ 4.0904% Helium

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  • DEVELOPING A +85,000 ACRE HELIUM PROJECT IN THE HOLBROOK BASIN, NORTHERN ARIZONA

  • 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

  • HELIUM IS IRREPLACEABLE IN MANY HIGH TECH APPLICATIONS AND THERE’S A GLOBAL SHORTAGE

    Helium recently increased from $USD300/MCF to $USD600/MCF due to critical world-wide shortages

  • DME IS BUILDING ITS SOLAR-HYDROGEN POWERED McCAULEY HELIUM FINISHING FACILITY

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

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”. +85,000 acres of key Helium prospects under lease in Holbrook Basin in East Central Arizona, with prolific historic production. More leases pending.

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Noble Gas Projects

DME’s secondary focus is developing noble gas properties in the US Southwest. Along with helium (He), noble gases also include: neon (Ne), argon (Ar), krypton (Kr), xenon (Xe), and radon (Rn). With the strong demand for these gases, DME is committed to developing this sector.

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TSX.V: DME – Stock Quote

Here you’ll find detailed Desert Mountain Energy information for shareholders, potential investors, brokers and financial analysts. This provides access to our Stock Quote, Investor Presentation, financial and corporate SEDAR Filings, and more.

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Learn more about Helium here.

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Uses of Helium
Learn more about Helium here.

Importance of Helium

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The DME Helium Story hosted by Dennis Quaid on ViewPoint.

Desert Mountain Energy Corp. was featured on the Viewpoint Project with Host Dennis Quaid as one of the companies leading the world in an effort to protect it for future generations.

Through environmentally conscious methods, DME has become one of the only publicly traded resource companies in North America pressuring ESG initiatives to move in the right direction for the needs of our society and future.

News from Desert Mountain Energy

DESERT MOUNTAIN ENERGY COMPLETES TESTNG OF THE McCAULEY HELIUM PROCESSING FACILITY

The Company is pleased to announce that testing of the McCauley Helium Processing Facility has been completed.
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DESERT MOUNTAIN ENERGY ACQUIRES ADDITIONAL LAND ALONG WITH AN UPDATE ON THE McCAULEY HELIUM PROCESSING FACILITY

The Company is pleased to announce that it has acquired 40 acres of land for its South Winslow prospect.
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DESERT MOUNTAIN ENERGY CORP. UPDATE ON THE McCAULEY HELIUM PROCESSING FACILITY

The Company is pleased to announce its plant build contractor, GENERON, is completing assembly and will begin testing of the plant by 11/18/2022. It is expected that the testing of all modular units will be completed by 11/29/2022.
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DESERT MOUNTAIN SETS STOCK OPTIONS

Desert Mountain Energy Corp. (“DME” or the “Company”) has granted a total of 815,000 incentive stock options at an exercise price of $2.35 per share to its directors, officers, employees, and consultants.
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DESERT MOUNTAIN ENERGY CORP. QUARTERLY UPDATE

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 well logs and instrumentation indicated helium, will be performed.
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DESERT MOUNTAIN ENERGY SIGNS JOINT OPERATING AGREEMENT & GUNNAR DOME WELL UPDATE

The Company is pleased to announce that it has signed a Joint Operating Agreement (JOA) with Beam Earth Ltd. The JOA initially encompasses the shallow hydrogen zones found while drilling in the McCauley helium field.
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COURT GRANTS MOTION TO DISMISS CLAIMS AGAINST COMPANY

The Company is pleased to announce that court in Coconino County, AZ 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.
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DESERT MOUNTAIN ENERGY ANNOUNCES CLOSING OF CDN$ 6 MILLION PRIVATE PLACEMENT

DME is pleased to announce that it has closed its non-brokered private placement previously announced on September 1, 2022 (the “Offering”), raising gross proceeds of CAD $6,090,400.
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DESERT MOUNTAIN ENERGY RECEIVES FUNDS

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.
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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.

As the CFO of Desert Mountain Energy, Scott has extensive accounting and finance experience dealing with the complexities of both public and private corporations in a variety of industries.

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.

Jessica Davey earned her B.S. in Applied Geology from Metropolitan State University of Denver and her M.S. in Global Energy Management from the University of Colorado Denver. She has international experience in petroleum and mining consulting including geologic studies, economics evaluations, and land and regulatory research.  

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.

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.