SEEKING ALPHA – Desert Mountain Energy: Closer To Revenue And Overseas Expansion

All hopes and dreams rest on the helium plant coming online. Once this occurs and hopefully is successful DME can parlay the profits into various project expansions and new venues. Let us explore helium a bit more and a long term outlook.

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.

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.

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.