Fabrication has begun on the ‘world’s first’ solar-powered helium processing facility.
Desert Mountain Energy is behind the McCauley helium processing facility, based in Arizona, US, that will use solar energy to produce and process helium in an environmentally friendly manner.
Desert Mountain Energy’s contractor, GENERON, has begun fabrication of the McCauley Helium Processing Facility. The processing facility is the first solar-powered helium processing facility in the world.
Desert Mountain Energy Corp. (DME) is pleased to announce that it has completed cased hole work on Wells 5 and 6. Completion work on Well 7 is anticipated to be completed later this week.
The Company has released a corporate demonstration showcasing our general drilling and casing procedures which exceed state regulatory requirements.
Desert Mountain Energy Corp. has now started completion work on Offset Wells #5, #6 and #7 in the McCauley Helium Field.
The Company is pleased to announce that it has purchased five heavy haul rigs to move drilling and plant processing equipment. The Company has lost critical time waiting to get drilling equipment moved and has seen a large increase in heavy haul rig costs.
The Company is pleased to announce that it is mobilizing the cased hole logging work on Wells #5, #6 and #7.
As DME continues on its path to production, the Company would like to make an update on the progress through to the start of Q3.
Desert Mountain Energy Corp. (DME) is pleased to announce that the Arizona Court of Appeals has ruled unanimously in favor of the Company and ordered the original ruling vacated and remanded.
I’m going to make the premise of this article really easy in four points.
First, the world is experiencing a helium shortage and Desert Mountain Energy (OTCQX:DMEHF) might be the ticket to play this looming crisis.
Second, A large percent of the worlds neon production just stopped via the Ukraine-Russia war. Some sources place this at 50% of worldwide neon production, while others peg it at 90% (if looking at semiconductor grade neon). Guess who found neon gas in wells. Answer: Desert Mountain Energy.