Desert Mountain Energy Corp.

Desert Mountain Energy Corp. From the President of the Company. The Company is pleased to announce that it has issued options to Directors, Officers, and consultants or employees. The Company issued options priced above market close today at a price of $1.72 CDN with an expiration period of three years. The Company has maintained a sufficient number of allotted and unissued shares in its treasury to permit the exercise of [...]

Desert Mountain Energy Corp. From the President of the Company. The Company is pleased to announce that it has acquired an additional 9,885.2 acres in Navajo County, AZ. These properties were selected based on results from drilling and the Company exploration team feels strongly about these newest acquisitions and the additional 15 highly prospective well locations. Most junior exploration companies rarely have the [...]

Desert Mountain Energy Corp. From the President of the Company. 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. The report is available on the DME website or click HERE. Currently there is no other [...]

Desert Mountain Energy Corp. The Company is pleased to announce that it is continuing to review properties it had originally acquired for hydrogen production possibilities. The Company had originally acquired properties that it considered as highly prospective for both hydrogen and helium production and had chosen to focus on the more easily enhanced nitrogen/helium properties instead of the more involved hydrogen /helium [...]

Desert Mountain Energy Corp. The Company is pleased to announce that is has set 4:00 pm EST on 01/21/21 as the time for a conference call with senior management. Callers are welcome to join the Zoom meeting using. The Company is also asking callers to mute their devices unless speaking. It is expected that the CEO will speak for 10-12 mins followed with limited questions. In an effort to cover as many questions as [...]

Desert Mountain Energy Corp. The Company is pleased to announce that has exercised some of it options on properties and has acquired an additional 8,510 acres in Navajo County, Arizona. All of the newest properties are on private lands. Dr. Ed Coalson and Dr. Jim Cronoble are extremely excited with the number of probable locations across a helium trend where previous wells had helium showings in different horizons within [...]

Desert Mountain Energy Corp.’s efficacy of its proprietary system for geological research has moved from conceptual to reality with actual drilling results. The Company looks forward to proving up more of their forward-thinking methodologies. DME is looking for higher percentage He3 & He4 concentrations similar to what it has thus far found and with similar bottom hole pressures to that found in our first 3 wells. The [...]

Desert Mountain Energy Corp. The Company has received information, not yet confirmed with the City of Flagstaff, that Flagstaff has filed a temporary restraining order against the Company seeking an evidentiary hearing to stop the further drilling of any oil and gas wells located on the Company’s land holdings adjacent to Red Gap Ranch. The Company has not been directly contacted by the city or received any official [...]

Desert Mountain Energy Corp. The Company is pleased to announce that it successfully completed drilling of the previously approved and permitted third well last Tuesday 12/08/20 and open hole logs run and production casing set and cemented into place. Upon the removal of drilling equipment, the single pit was immediately filled, thereby completing the initial remediation on 12/09/20. As previously press released the [...]

Desert Mountain Energy Corp. is pleased to announce that it has commenced drilling its third well in Arizona. DME well # State 26-1. The well is anticipated to be drilled to a total depth of approximately 2,000 feet. This well is located approximately 70 miles west of the first two wells and is intended to prove up a number of significant geological structures in the western portion of the basin. The Company’s technical [...]