In this segment Ellis Martins meets with these gentlemen in Scottsdale Arizona’s Old Town District as Desert Mountain Energy Discovers Commercial Helium/Hydrogen Well.
Desert Mountain Energy Corp. is pleased to announce that it has completed additional work on Well #2 and has discovered helium and hydrogen in a lower portion of the previously perforated formation.
We spoke with Don Mosher, President and Director of Desert Mountain Energy (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01). Desert Mountain Energy is building their Holbrook Basin Helium Project, in Arizona, into a vertically integrated Helium producer, with their own solar facility, to produce their own electricity, and with plans to sell directly to end users, primarily in Arizona. They have now successfully drilled four wells, and announced the discovery of McCauley Field, with commercial grade helium, in discovery well #4. The Company is looking to move forward, through the development stage and into production and positive cash flow, by second quarter of 2022.
Through the new deal the company will expand into compressed air and hydrogen storage consulting for geologic, drilling, land, well planning. It will specifically focus on the development of bedded and salt cavern energy storage in the Southwest and Arizona.
In this exclusive video podcast, Stockhouse Media’s Dave Jackson was joined by company President Don Mosher to get company shareholders and investors completely up-to-date with all things Desert Mountain Energy Corp.
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