The Company has reserved 1,000,000 stock options aggregated to officers, directors and certain consultants. The options are subject to approval by regulatory agencies and are exercisable for a period of five years at a price of $2.50 which was a premium to the close of market on 01/11/22.
Andrew O’Donnell from The Market Mindset sits down with Robert Rohlfing, CEO of Desert Mountain Energy, to discuss the latest news regarding their production facility as well as the purchase of 40 acres of land.
Desert Mountain plans to be the first vertically-integrated (wildcat exploration through delivery of a finished / refined He product grading up to 99.9999%) player in the world. Moreover, it plans to be the greenest supplier by building its own solar farm and using its own produced hydrogen to run back-up power generation.
For the past century, up to 95% of He production has come as a byproduct of hydrocarbon extraction. Recently this has been changing as geologists, geoscientists & mining / petroleum engineers seek trapped He in formations across the western U.S. & Canada.
No one is better at this than CEO Robert Rohlfing.
Vancouver, British Columbia – Desert Mountain Energy is pleased to announce guidance on helium reserves on its first well completed in 2020. The reserve estimate table is provided to help provide guidance on possible reservoir scenarios based on four point flow testing and correlated by Dr. Ed Coalson.
Vancouver, British Columbia – Desert Mountain Energy is pleased to announce that it is continuing to review properties it had originally acquired for hydrogen production possibilities.
Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME | U.S. OTC: DMEHF | Frankfurt: QM01) is pleased to report that it is now conducting geological studies and gas sampling to determine the helium potential of its Kight Gilcrease Sand Unit oil and gas project in Seminole County, OK (the “KGSU”). The KGSU […]
Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME | U.S. OTC: DMEHF | Frankfurt: QM01) is pleased to announce that it has entered into a Memorandum of Understanding (the “MOU”) with the City of Flagstaff (“Flagstaff”) for mutual cooperation and strategic development of helium and hydrocarbon resources in the greater Flagstaff […]
Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME | U.S. OTC: DMEHF | Frankfurt: QM01) is pleased to announce that it has now been assigned a new stock symbol by FINRA for trading of its Common Shares on the U.S. OTC Market. Effective Tuesday, January 29, 2019, the Company’s Shares will […]
Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce Mr. Robert Rohlfing has been engaged as Executive Vice-President, Head of Technical Operations of the Company and of its U.S. subsidiary, Desert Energy Corp., a Nevada corporation. In addition, Mr. Rohlfing has accepted a position as a member of the […]