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Ellis Martin Report: Desert Mountain Energy’s Don Mosher (TSX-V:DME/OTC:DMEHF) Helium in Arizona.

Join Ellis Martin for a conversation with Don Mosher, Vice President of Capital Markets for Desert Mountain Energy (TSX-V:DME/OTC:DMEHF).to discuss the exploration and development of Helium and Rare Earth Gas properties in the American Southwest with a substantial landholding at the Holbrook Helium Project in Holbrook, Arizona, the world’s best address for Helium with prolific historic production. The company intends on becoming completely vertically integrated, producing helium from their wells in Arizona for delivery to off-take candidates within the region. The consumption of helium along with recent prices has proliferated as its uses in the medical world, in computers and other areas have grown.

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DESERT MOUNTAIN ENERGY FILES WITH USFCR

DESERT MOUNTAIN ENERGY SECURES PERMIT FOR WELL

Stock Talk: I didn’t know helium was rocket fuel. All about Helium and Desert Mountain Energy

Austin and Andrew focus on Helium and Desert Mountain Energy Corp. They do a deep dive into why it became a top pick, the company’s management and structure, the latest news regarding what DME has been up to and where it is headed, along with the significance of helium and why the stock has been performing so well.

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oilprice.com: A Global Helium Shortage Is Now Looming

Ellis Martin Report: Desert Mountain Energy (CVE:DME) (OTCMKTS:DMEHF) Complete Vertical Integration of Needed Helium Production

oilprice.com: A Global Helium Shortage Is Now Looming

The so-called ‘noble’ or ‘inert’ gases such as helium, argon, neon, xenon, and krypton frequently tend to be confined to niche markets. But whereas their stable structure renders them mostly unreactive in many chemical reactions, rare gases are anything but inert in our economies. To read more, click HERE.

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Ellis Martin Report: Desert Mountain Energy (CVE:DME) (OTCMKTS:DMEHF) Complete Vertical Integration of Needed Helium Production

Ellis Martin Report: Desert Mountain Energy (CVE:DME) (OTCMKTS:DMEHF) Complete Vertical Integration of Needed Helium Production

Join Ellis Martin for a conversation with Robert Rohlfing, the President and CEO of Desert Mountain Energy (CVE:DME) (OTCMKTS:DMEHF). Desert Mountain Energy is a resource company actively engaged in the exploration and development of Helium and Rare Earth Gas properties in the American Southwest with a substantial landholding at the Holbrook Helium Project in Holbrook, Arizona, the world’s best address for Helium with prolific historic production.

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PROACTIVE: Desert Mountain Energy Corp to begin construction on helium refining unit in summer 2021

PROACTIVE: Desert Mountain Energy Corp to begin construction on helium refining unit in summer 2021

Desert Mountain Energy’s Vice President of Capital Markets, Don Mosher, talks to Proactive about the Vancouver helium exploration group’s Holbrook Basin project in Arizona.

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SUPERCHARGED STOCKS: UPDATE ON DESERT MOUNTAIN ENERGY with CEO Robert Rohlfing

SUPERCHARGED STOCKS: UPDATE ON DESERT MOUNTAIN ENERGY with CEO Robert Rohlfing

Andrew O’Donnell is joined by Desert Mountain Energy CEO, Robert Rohlfing, to discuss the future of DME along with some interesting topics such as:

  • Carbon Neutral Footprints
  • Battery Energy Metals
  • ESG Market
  • Electric Vehicle Future
  • Green Energy Future

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STOCKHOUSE: Helium: The Truly Rare, Yet Critical Solution to the Future of Tech

Desert Mountain Energy Corp. Sponsors Free Flu Clinic in Muskogee, Oklahoma

The Muskogee Medical Foundation’s 26th annual “Boo on the Flu” is a FREE drive-thru flu shot clinic open to the public. Shots are given on a first-come, first-served basis to individuals 18 years of age and older. Shots will be administered in the arm, and participants will be required to sign a consent form before receiving their flu shot. All staff will be wearing masks for your protection…CLICK HERE FOR THE REST OF THE ARTICLE 

A REPORT FROM THE CEO: ROBERT ROHLFING

 

A REPORT FROM THE CEO: ROBERT ROHLFING

Monday, October 26, 2020

 

3RD QUARTER REVIEW

The third quarter has been very significant for the Company:

  • Received drill permits for wells State 10-1 and State 16-1.
  • Successfully completed both wells, significant pay zones were discovered in both holes.
  • Sampling proved significant concentrations of helium in both wells with excellent well pressure, low CO2 concentrations.
  • Purifying the helium will not involve any costly or problematic issues due to the mix of gases in our wells.
  • Completed a $13 million financing priced at $1.60.
  • Added 3 new board members to the team.
  • Began design work on a solar-powered processing facility

 

VERTICAL INTEGRATION

The Company is planning on becoming a vertically integrated helium producer selling directly to end users. Offtake discussions that have taken place over the last 2 years with helium processors made it evident that over 40% of our revenues would go to support their “processing system”. Prices for finished product have varying price points that range from $490 per mcf for shield gas to $3,200 per mcf for extreme high purity gas. We believe that the shareholders should benefit from the greater revenue achieved by finishing our own helium.

 

PRODUCTION

The Company plans to be in production starting the 4th quarter of 2021. To achieve this goal, we will undertake the general following items:

  • Finish permitting for a third well in the western part of the Holbrook basin to prove-up additional low CO2, high nitrogen content raw gas.
  • Drill third well in early November, secure gas analysis and flow rates
  • Contract with Gas Engineering firm to begin design of both well site Nitrogen stripping and final processing facilities.
  • Contract with power engineering firm to finalize solar generation site requirements. Goal is to become as close to carbon neutral as possible
  • Finalize & sign contracts with surface owners, for both power generation site and processing facilities.
  • Begin archeological studies and reviews for both well sites 4-6 and seismic acquisition
  • Exercise options for up to additional 42,000 acres of leases or some portion thereof.
  • After further gas analysis and flow testing, provide possible end users with options for purchase agreements and execute them when most advantageous for DME.
  • Secure Tractor trailer rigs as required by agreements.
  • Train plant personnel and secure additional contract drivers for trucking aspects

 

DME’S 4-YEAR PLAN:

We plan to start producing from 4 to 6 wells the fourth quarter of 2021. Our success in raising $13 million gives us the money to rapidly move forward with the first phase of our plans. Full development of our land package is expected to take approximately 4 years.

The 4-year plan to full production:

  • Total number of wells projected to be 50-55
  • Total projected capital expenditures including all drilling and infrastructure over 6 years is $45,000,000
  • Upgrade helium to end users will result in a shorter payback period.
  • Signing contracts with end users will stabilize future price swings in the helium market and give us a competitive edge.

We realize this is a very ambitious plan, however, with the success of the first 2 wells proving our geological model, it can be achieved. There is a lot of work and planning to be done along with expanding our team.

 

ABOUT DESERT MOUNTAIN ENERGY CORP:

Desert Mountain Energy Corp. is a publicly traded exploration and resource company focused on the discovery and development of rare earth gas fields in the US. The company is primarily looking for elements deemed critical to the green energy and high technology industries. We are an equal opportunity employer.

We seek safe harbor

Robert Rohlfing, CEO

 

For more information, contact:
Don Mosher, Vice President of Finance 604-617-5448

E-mail: don@desertmountainenergy.com

The TSX Venture Exchange & IIROC has not reviewed and does not accept responsibility for the adequacy or accuracy of the information contained herein. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the company’s expectations.