Entries by Lee Dunston

DESERT MOUNTAIN ENERGY ENCOUNTERS SIGNIFICANT GAS FLOWS IN ITS SECOND WELL; DRILLING CONTINUES

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) is pleased to report that drilling of its second helium well in Arizona’s Holbrook Basin, DME Well No. State 16-1 (API No. 02-017-20131), is continuing.   We have encountered significant gas flows in the well.  We anticipate reaching target depth […]

DESERT MOUNTAIN ENERGY SHARES APPROVED FOR DTC ELIGIBILITY

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) is pleased to announce that shares of its Common Stock (CUSIP No. 25043D107) have now been approved for DTC Eligibility by the Depository Trust Company (“DTC”). Founded in 1973 and based in New York City, DTC is the world’s […]

HELIUM: Alphabet’s Project Loon launches balloon internet service in Kenya

Alphabet’s Loon launches balloon internet service in Kenya By Duncan Miriri  July 8, 2020 Here is a interesting news story published by National Post about Project Loon and use of Helium to launch internet service in Kenya.   https://nationalpost.com/pmn/entertainment-pmn/alphabets-loon-launches-balloon-internet-service-in-kenya/wcm/0bdd5c08-fa5d-40b0-a91d-285554c6ecdf/

DESERT MOUNTAIN ENERGY COMMENCES DRILLING THE SECOND WELL OF ITS HELIUM PROGRAM IN ARIZONA’S HOLBROOK BASIN

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) is pleased to announce that it has commenced drilling its second helium well in Arizona’s Holbrook Basin.  DME Well No. State 16-1 (API No. 02-017-20131) was spudded in Navajo County in the central portion of the Basin approximately one […]

DESERT MOUNTAIN ENERGY CONFIRMS PUBLIC DISCLOSURES COMPLETE

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) confirms at the request of IIROC that its public disclosures are up to date and that there are no material undisclosed corporate events.  The Company refers investors to its Press Release dated June 23, 2020, which discusses drilling of […]

DESERT MOUNTAIN ENERGY ENCOUNTERS GAS IN MULTIPLE ZONES AND SETS PRODUCTION CASING IN ITS FIRST EXPLORATORY WELL IN ARIZONA’S HOLBROOK BASIN

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) is pleased to announce that it has encountered gas in multiple zones in its first wildcat exploratory well in Arizona’s Holbrook Basin.  DME Well No. State 10-1 (API No. 02-017-20130) encountered gas in five different zones aggregating approximately 182 […]

DESERT MOUNTAIN ENERGY COMMENCES DRILLING THE FIRST WELL OF ITS HELIUM PROGRAM IN ARIZONA’S HOLBROOK BASIN

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) is pleased to announce that it has commenced drilling its first helium well in Arizona’s Holbrook Basin.  DME Well No. State 10-1 (API No. 02-017-20130) was spudded today in Navajo County in the central portion of the Basin.  The […]

DESERT MOUNTAIN ENERGY MOBILIZING DRILL RIG FOR FIRST TWO WELLS OF ITS HELIUM PROGRAM IN ARIZONA’S HOLBROOK BASIN

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 now mobilizing heavy machinery, equipment and supplies for the initial two wells of its helium drill program in Arizona’s Holbrook Basin.  Included are the drill rig, swivel, various bits, blow-out protector, air […]

DESERT MOUNTAIN ENERGY CLOSES $651,350 PRIVATE PLACEMENT FINANCING

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) is pleased to announce that it has closed its non-brokered private placement previously announced on June 1, 2020 (the “Offering”), raising gross proceeds of CAD $651,350. Under the terms of the Offering, the Company issued 1,861,000 Units (the “Units”) […]