The Company is pleased to confirm the delivery of all necessary components for the West Pecos helium processing plant. Heavy rains washed out portions of roads not maintained by the Company which delayed delivery of the larger multi-stage compressor. Operational start-up is anticipated to take place in the first half of November.
The Company is excited to report its ongoing success in reassembling the helium processing facility in New Mexico. An additional dehydration unit will be added to the system, resulting in the removal of helium, inert gases, and heavy C-molecules.
The Company is pleased to announce that it has successfully completed the disassembly of the helium processing plant. All components have been transported to the West Pecos Slope Abo Gas Field and reassembly has begun.
Desert Mountain Energy Corp. is pleased to announce the appointment of Michael O’Shea to the Board of Directors. Michael has agreed to become the head of the audit committee as an independent director. The Company acknowledges that being a publicly traded entity, it requires a board filled with competent independent members to meet the corporate governance standards set by the BCSC.
Robert Rohlfing, the Chief Executive Officer and Executive Chairman of DME engages in a discussion concerning the global helium scarcity with presenter John Batchelor.
The Company is pleased to announce that it has closed on the purchase of the West Pecos Slope Abo Gas Field and gas gathering system located in Chaves County, New Mexico. The Company has assumed operations and the revenue stream from the existing wells.
Desert Mountain Energy Corp. announces the immediate resignation of Jessica Davey from the Board of Directors.
Helium exploration and development company Desert Mountain Energy has signed a binding letter of intent to purchase the Pecos Slope West Abo gas field and gas gathering system in Chaves County, New Mexico.
The Company is pleased to announce that it has signed a binding letter of intent to purchase the Pecos Slope West Abo Gas Field and gas gathering system located in Chaves County, New Mexico.
The Company wishes to apprise shareholders that it has continued to complete planned work as previously outlined, per the use of proceeds from the last financing.