DESERT MOUNTAIN ENERGY STARTS CASED HOLE COMPLETION WORK ON WELL #5, #6, #7

The Company is pleased to announce that it is mobilizing the cased hole logging work on Wells #5, #6 and #7.

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DESERT MOUNTAIN ENERGY CORPORATE UPDATE

As DME continues on its path to production, the Company would like to make an update on the progress through to the start of Q3.

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ARIZONA APPELLATE COURT RULES UNANIMOUSLY IN FAVOR OF DESERT MOUNTAIN ENERGY CORP., VACATES SUPERIOR COURT ORDER

Desert Mountain Energy Corp. (DME) is pleased to announce that the Arizona Court of Appeals has ruled unanimously in favor of the Company and ordered the original ruling vacated and remanded.

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DESERT MOUNTAIN ENERGY COMPLETES DRILLING OF WELL #7 FOR HELIUM IN McCAULEY HELIUM FIELD, ARIZONA

Desert Mountain Energy Corp. (DME) is pleased to announce that it has set production casing to the top of the Granite Formation in Well #7 (13-1).

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DESERT MOUNTAIN ENERGY HAS BEEN AWARDED BEST HELIUM EXPLORATION AND DEVELOPMENT COMPANY – NORTH AMERICA

The Company is pleased to announce that they have been chosen as the recipient of “Best Helium Exploration and Development Company – North America” by the Canadian Business Awards 2022.

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DESERT MOUNTAIN ENERGY COMPLETES DRILLING OF WELL #6 FOR HELIUM IN McCAULEY HELIUM FIELD, ARIZONA

Desert Mountain Energy Corp. (DME) is pleased to announce that it has set production casing to the top of the Granite Formation in Well #6 (10-1), as previously stated in the 02/28/22 press release.

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DESERT MOUNTAIN ENERGY DISCOVERS HYDROGEN FIELD IN ARIZONA

Desert Mountain Energy Corp. (DME) is pleased to announce that it has defined three edges of a Hydrogen field with wells #4 (11-1), #5 (1-1), #6 (10-1). The Company has set and cemented surface and intermediate strings of casing and is in the process of finishing up drilling in the McCauley field.

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DESERT MOUNTAIN ENERGY SUCCESSFULLY COMPLETES DRILLING OF WELL #5 IN McCAULEY FIELD

Desert Mountain Energy Corp. is pleased to announce that it has completed drilling operations, set and cemented production casing on Well #5 (1-1) in the McCauley Field in Navajo County, AZ. The well was drilled to a total depth of 3,925’ in the top of the Granite Formation.

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DESERT MOUNTAIN ENERGY CORP. RECEIVES PERMIT FOR NEXT WELL

The Company is pleased to announce that it has received the permit for the first offset well, (the 1-1) to the McCauley Field discovery well, (1-1). This well is situated on a local structural high, where the porosity and permeability are expected to be highly productive in multiple formations. The Company expects the rig to be mobilized and the well spudded by the end of this week.

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DESERT MOUNTAIN ENERGY SETS STOCK OPTIONS

The Company has reserved 1,000,000 stock options aggregated to officers, directors and certain consultants. The options are subject to approval by regulatory agencies and are exercisable for a period of five years at a price of $2.50 which was a premium to the close of market on 01/11/22.

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