Natural Gas and Helium production in New Mexico Exploration and development of high-grade Helium and Hydrogen in Arizona
West Pecos Gas Field Project
The West Pecos Slope Abo Gas Field encompasses a vast infrastructure, including 188 wells, over 50 miles of gas collection lines, and 77,000 acres of oil and gas leases. With the potential for future expansion, an additional 70-100 wells could be developed. DME’s processing facility is capable of producing various grades of helium. The company’s primary revenue source comes from processed helium and natural gas sales. DME operates a vertically integrated business model, allowing us to sell directly to end users.
Holbrook Basin Helium Project
Arizona’s Holbrook Basin is considered by many to be “the World’s best address for Helium”, with historic grades ranging from 8% to 10%, and known as “the Saudi Arabia of Helium”. +100,000 acres of key Helium prospects under lease in Holbrook Basin in North Eastern Arizona, with prolific historic production. More leases pending.
Hydrogen Projects
DME’s secondary focus is developing hydrogen assets located within their helium fields. The Company has signed a joint operating agreement with Beam Earth Ltd. to develop commercial applications for hydrogen.