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.
Desert Mountain Energy Corp. is pleased to announce that it has encountered significant showings of helium across four formations in its fourth wildcat well.
Desert Mountain Energy Corp. announces the resignation of Dr. Edward A. Schiller from the Board of Directors.
From helping to launch rockets to driving antibiotics deep into the lungs of COVID patients, helium has many uses. This company is geared up to meet the growing demand. The Holbrook Basin Project comprises of over 85,000 acres of key Helium prospects under lease.
The Holbrook Basin Project comprises +85,000 acres of key Helium prospects under lease. Located in the prolific Holbrook Basin in East-Central Arizona, widely considered to be the world’s best address for Helium. Two of the world’s richest historic producing helium gas fields, the Pinta Dome and Navajo Springs, are situated in this region. Historic production of 9.23 Billion Cubic Feet (Bcf) with exceptionally high grades of helium gas produced, ranging from 8%-10%, versus the industry benchmark of 0.3% to 1% for commercial grade.
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