Desert Mountain Energy Corp. is pleased to announce the purchase of 40 acres of land for drilling of developmental wells the planning to start in January 2022. The Company is pursuing ownership of acreages surrounding future well locations, believing it is in the best interests of both local landowners and the Company. Owning the land will allow the Company easy access and the ability to secure the wells while at the same time paying local landholders fair market value for the properties.
The Company is pleased to announce that it has selected GENERON as the main contractor for the build-out of its first Solar/Hydrogen powered Helium processing plant, located in Arizona.
Desert Mountain Energy Corp. is pleased to announce that it has completed additional work on Well #2 and has discovered helium and hydrogen in a lower portion of the previously perforated formation.
Desert Mountain Energy Corp. (DME-TMX.V) is pleased to announce that it has entered into an agreement with Earl Resources Ltd. (ERL-TMX.V), to provide geologic, land, well planning, drilling and completion for the purposes of developing bedded and domal salt cavern energy storage in Arizona and the southwest.
Desert Mountain Energy Corp. announces that it granted on September 22nd, 2021, subject to any necessary regulatory approvals, incentive stock options to purchase in aggregate 275,000 shares of its Common Stock.
Corporate Update – September 21, 2021
Desert Mountain Energy Corp. is pleased to announce that it has finished testing of well #4 and those results show that the company was successful in discovering another new helium field in Arizona.
Desert Mountain Energy Corp. is pleased to announce that it has finished the completion and testing of well #4 and has released the rig.
Desert Mountain Energy Corp. is pleased to announce that it has mobilized the completion rig, additional testing equipment and associated personnel to undertake the completion and flow testing of well #4.
Desert Mountain Energy Corp. is pleased to announce that in its ongoing efforts to actively seek out the most qualified and diverse board members in keeping with corporate policy, the company has appointed Jessica Davey as VP of Land and to the Board of Directors.
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