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DESERT MOUNTAIN
ENERGY CORP.
2500 Park Place
666 Burrard Street
Vancouver, BC V6C 2X8
Canada
USA OFFICE
Suite 1023
14155 W. Mountain View Blvd.
Surprise, AZ 85374
USA
INVESTOR CONTACT
Don Mosher
President & Director
Tel: +1-604-617-5448
Email: [email protected]
Branding and Design:
NextPhase Strategy Marketing Inc.
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.
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.
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.
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.
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.
DESERT MOUNTAIN ENERGY CORP. ACQUIRES 40 ACRES OF LAND FOR WELLS IN THE McCAULEY FIELD
Desert Mountain Energy is pleased to announce the purchase of an additional 40 acres of land for the drilling of developmental wells with plans to begin work this month. The Company is continuing to pursue ownership of acreage surrounding future well locations, believing it is in the best interests of both local landowners and the Company. The permitting process was previously started for the next well in the McCauley field and it is expected to have that permit shortly.
DESERT MOUNTAIN ENERGY CORP. ACQUIRES 40 ACRES OF LAND SURROUNDING McCAULEY FIELD
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.
DESERT MOUNTAIN ENERGY SELECTS PROCESSING PLANT BUILDER
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 DISCOVERS COMMERCIAL HELIUM / HYDROGEN WELL
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 ANNOUNCES AGREEMENT TO PROVIDE CONSULTING FOR HYDROGEN / COMPRESSED AIR ENERGY STORAGE
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.