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.
Andrew O’Donnell from The Market Mindset sits down with Robert Rohlfing, CEO of Desert Mountain Energy, to discuss the latest news regarding their production facility as well as the purchase of 40 acres of land.
Desert Mountain plans to be the first vertically-integrated (wildcat exploration through delivery of a finished / refined He product grading up to 99.9999%) player in the world. Moreover, it plans to be the greenest supplier by building its own solar farm and using its own produced hydrogen to run back-up power generation.
For the past century, up to 95% of He production has come as a byproduct of hydrocarbon extraction. Recently this has been changing as geologists, geoscientists & mining / petroleum engineers seek trapped He in formations across the western U.S. & Canada.
No one is better at this than CEO Robert Rohlfing.
Desert Mountain plans to be the first vertically-integrated (wildcat exploration through delivery of a finished / refined He product grading up to 99.9999%) player in the world. Moreover, it plans to be the greenest supplier by building its own solar farm and using its own produced hydrogen to run back-up power generation.
For the past century, up to 95% of He production has come as a byproduct of hydrocarbon extraction. Recently this has been changing as geologists, geoscientists & mining / petroleum engineers seek trapped He in formations across the western U.S. & Canada.
No one is better at this than CEO Robert Rohlfing.
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’s Director/VP of Land, Jessica Davey, was recently presented with two awards at the AIPG Annual Conference.
The Nancy J. Wolverson, 2021 National President Presidential Certificate of Merit was awarded for going above and beyond this past year. Jessica Davey has been working to make the organization more inclusive.
The John Stewart Memorial Early Career Professional Award honors those for mentoring and aiding the advancement of Early Career Professionals members in their early careers.
To learn more about Jessica Davey, please click HERE
In this segment of The Ellis Martin Report, we chat with Robert Rohlfing, the CEO of Desert Mountain Energy (TSX-V:DME)(OTC:DMEHF). The company recently acquired 40 acres surrounding the McCauley Field Finishing Facility at the Holbrook Helium Project in Arizona, for drilling of developmental wells planning to start in January 2022.
Andrew O’Donnell from The Market Mindset sits down with Robert Rohlfing, CEO of Desert Mountain Energy, to discuss the latest news regarding their production facility as well as the purchase of 40 acres of land.
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.
In late October 2021, Desert Mountain announced that it had completed additional work on Well #2 and has discovered helium and hydrogen in a lower portion of the previously perforated formation. The gaseous composition will permit the company to comingle production from Well #2 with gas production from Well #4 in the McCauley Field.