Desert Mountain Energy is pleased to announce that the West Pecos Slope Abo Gas Field has been successfully operational for over two months. The plant is autonomous, with an AI component coordinating the integrated systems necessary to process the various crude gas components being produced by the wells.
As interest in the helium industry in Arizona continues to grow, DME, along with a coalition of interested parties, is coming together to push for legislative change that will support the economic extraction of helium and hydrogen gases while also protecting vital aquifers.
Desert Mountain Energy Corp. is pleased to announce that the separation of commercial volumes of helium from a complex natural gas stream has been achieved. The processing plant has been recirculating and enriching helium with the end product going into an end user’s tube trailer.
Desert Mountain Energy Corp., at the request of the BC Securities Commission, clarifies information previously disclosed in its news release of June 19, 2023.
Desert Mountain Energy Corp. (“DME” or the “Company”) is pleased to announce its ongoing collaboration with key stakeholders across Arizona, including members of Congress, relevant state agencies, trade associations, and the private sector, to advance the responsible extraction of helium.
Desert Mountain Energy Corp. (“DME” or the “Company”) has granted a total of 5,875,000 incentive stock options at an exercise price of $0.36 per share to its directors, officers, employees, and consultants.
The Company is pleased to announce the commencement of operations at its helium processing plant on the West Pecos Field in New Mexico. The plant is currently separating helium from the natural gas stream and transferring it to an offtake trailer.
The Company is pleased to announce that it has signed a new agreement with Beam Earth Ltd. to commence hydrogen exploration in Arizona, targeting the fourth quarter of 2024.
The Company is pleased to update its shareholders on the current operational developments in New Mexico and Arizona. DME has successfully installed the necessary physical equipment for the helium processing plant in New Mexico, achieving its initial objective of becoming a fully vertically integrated helium company.
Desert Mountain Energy Corp. (the “Company” or “Desert Mountain”) (TSXV:DME) was not able to file its annual audited financial statements for the year ended September 30, 2023