The Company is pleased to announce that it has encountered the largest number of helium and hydrogen showings from all wells drilled thus far, on its Gunnar Dome prospect in Arizona.
The Company is pleased to announce they have entered into an agreement with Beam Earth Ltd. to cooperate and define the commercial possibilities of the Company’s sulphur-free hydrogen discoveries.
Desert Mountain Energy is pleased to announce the spudding of the Gunnar Dome Wildcat Well. The intended depth of this well is 4,500’+- and is designed to test all zones to the top Granite Formation.
The Company is pleased to announce that the rig has been released to us and will be mobilized to our Gunnar Dome prospect in Arizona. The intended depth of this well is 4,500’+- and is designed to test all zones to the top Granite Formation.
Due to general negative market pressures over the weeks, and a corresponding reduction in the Company’s trading price, the Company will be reducing the per unit price of the private placement announced June 8 and 21, 2022.
The Company is pleased to announce that due to greatly increased demand, it is increasing the size of its non-brokered private placement offering recently announced on June 8, 2022.
Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) is pleased to announce that it is proceeding with a non-brokered private placement offering to raise up to CAD $5 Million.
The Company is pleased to announce that it has received permits for the next two helium wells in Arizona. The Gunnar Dome wildcat prospect is approximately 16 miles east of the McCauley Helium Field.
The Company is pleased to announce that it has added Marta Hodan Wasko as VP of Geology. Marta is a petroleum geologist with a focus on sedimentology and stratigraphy with multiple years of experience in exploration, development, reservoir characterization, and wastewater injection.
Desert Mountain Energy Corp. (DME) is pleased to announce that Helium concentrations in Offset Wells #5, #6 & #7 were higher than originally found in Discovery Well #4. The average Helium percentage makeup using combined starting flow rates from the offsets was…
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