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DESERT MOUNTAIN ENERGY (OTCMKTS: DMEHF) STOCK QUOTE

Last Trade: US$0.23 0.01 5.50
Volume: 5
5-Day Change: 3.62%
YTD Change: -10.49%
Market Cap: US$20.950M

LATEST NEWS FROM DESERT MOUNTAIN ENERGY

VANCOUVER, BC , June 28, 2024 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy Corp. ("DME" or the "Company") has granted a total of 5,875,000 incentive stock options at an exercise price of $0.36 per share to its directors, officers, employees, and consultants. The options will be exercisable for a period of 3 years.... Read More
VANCOUVER, BC , June 26, 2024 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce the commencement of operations at its helium processing plant on the West Pecos Field in New Mexico . The plant is currently separating helium from the natural gas stream and transferring it to an offtake trailer. The startup... Read More
VANCOUVER, BC , May 16, 2024 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it has signed a new agreement with Beam Earth Ltd. to commence hydrogen exploration in Arizona , targeting the fourth quarter of 2024. The previously announced agreement dated July 18, 2022 is superseded by the new... Read More
VANCOUVER, BC , April 1, 2024 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to update its shareholders on the current operational developments in New Mexico and Arizona . DME has successfully installed the necessary physical equipment for the helium processing plant in New Mexico , achieving its initial objective... Read More
VANCOUVER, BC , March 12, 2024 /CNW/ - Desert Mountain Energy Corp. (the "Company" or "Desert Mountain") (TSXV: DME) was not able to file its annual audited financial statements for the year ended September 30, 2023 and its related MD&A, and other documents (the "Required Filings") as set out in its news release of January 30, 2024 . At this time, the Company is continuing to work on the Required Filings and has no further... Read More
TSX.V: DME U.S. OTC: DMEHF Frankfurt : QM01 VANCOUVER, BC , Jan. 30, 2024 /CNW/ - Desert Mountain Energy Corp. (the " Company " or " Desert Mountain ") (TSXV: DME) was not able to file its annual audited financial statements for the year ended September 30, 2023 and its related MD&A, and chief executive officer and chief financial officer certifications in respect of the foregoing, as well as its statement of reserves data... Read More
VANCOUVER, BC , Jan. 22, 2024 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy Corp. (DME) is pleased to announce the successful reassembly of its natural gas and helium processing and extraction facility. The Company has received the final operational permit from the BLM. The company has made several plant... Read More
VANCOUVER, BC , Oct. 26, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to confirm the delivery of all necessary components for the West Pecos helium processing plant. Heavy rains washed out portions of roads not maintained by the Company which delayed delivery of the larger multi-stage compressor. Operational... Read More
VANCOUVER, BC , Sept. 5, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is excited to report its ongoing success in reassembling the helium processing facility in New Mexico . An additional dehydration unit will be added to the system, resulting in the removal of helium, inert gases, and heavy C-molecules. This will lead... Read More
VANCOUVER, BC , Aug. 16, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S.OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it has successfully completed the disassembly of the helium processing plant. All components have been transported to the West Pecos Slope Abo Gas Field and reassembly has begun. The Company expects this process to take... Read More
VANCOUVER, BC , Aug. 9, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy Corp. is pleased to announce the appointment of Michael O'Shea to the Board of Directors . Michael has agreed to become the head of the audit committee as an independent director. The Company acknowledges that being a publicly traded... Read More
VANCOUVER, BC , July 6, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it has closed on the purchase of the West Pecos Slope Abo Gas Field and gas gathering system located in Chaves County, New Mexico . The Company has assumed operations and the revenue stream from the existing wells. The... Read More
VANCOUVER, BC , June 30, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy Corp. announces the immediate resignation of Jessica Davey from the Board of Directors. The Company thanks Jessica for her contribution and wishes her success in all future endeavours. ABOUT DESERT MOUNTAIN ENERGY Desert Mountain Energy... Read More
VANCOUVER, BC , June 19, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it has signed a binding letter of intent to purchase the Pecos Slope West Abo Gas Field and gas gathering system located in Chaves County, New Mexico . The company will close the purchase on June 30, 2023 , from a... Read More
VANCOUVER, BC , May 31, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company wishes to apprise shareholders that it has continued to complete planned work as previously outlined, per the use of proceeds from the last financing. "The Company is in an excellent financial position," said Robert Rohlfing , CEO of DME. "There is... Read More
Vancouver, British Columbia--(Newsfile Corp. - May 19, 2023) - Desert Mountain Energy Corp. (TSXV: DME) announced today that it will be presenting at the 13th Annual LD Micro Invitational at the Luxe Sunset Boulevard Hotel, California on June 6th-8th, 2023. The event is expected to feature 150+ companies, presenting in half-hour increments, as well as private 1:1 meetings. Desert Mountain Energy Corp. is scheduled to present... Read More
VANCOUVER, BC , April 17, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it has closed on an additional 80 acres of surface property within the McCauley Helium Field which could be significant for future hydrogen and noble gas operations. The Company was offered the property at $125 per acre... Read More
VANCOUVER, BC , April 5, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (FSE: QM01) From the President of the Company. The Company is in the final stage of development that will lead to commercial production. The recently completed financing will allow the company to build all the infrastructure necessary and complete the start-up work necessary to bring six helium wells into... Read More
VANCOUVER, BC , April 4, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy Corp. (" DME " or the " Company ") is pleased to announce that, further to its news releases of March 29 and 31, 2023, an additional 545,000 common share purchase warrants of the Company, issued pursuant to its Short Form Prospectus dated... Read More
VANCOUVER, BC , March 31, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S.OTC: DMEHF) (FSE: QM01) From the President of the Company. The Company is pleased to announce that further to its news release on March 24, 2023 announcing the closing of its "best efforts" public offering of units (the "Units") (the "Offering"), Beacon Securities Limited (the "Agent") has fully exercised the remainder of its... Read More
VANCOUVER, BC , March 29, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy Corp. ("DME" or the "Company") is pleased to announce 11,300,000 common share purchase warrants of the Company, issued pursuant to its Short Form Prospectus dated March 20, 2023 , will commence trading on TSX Venture Exchange at the... Read More
VANCOUVER, BC , March 27, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy Corp.'s ("DME" or the "Company") has is pleased to announce the approval by its Board of Directors effective today of the adoption of an advance notice policy (the " Policy ") that requires advance notice to the Company in circumstances where... Read More
VANCOUVER, BC , March 27, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it has successfully re-entered Well #3. After running Cement Bond Log (CBL) to verify that all water courses were protected via multiple strings of casing, previously set and cemented in December 2020 . The Company then... Read More
VANCOUVER, BC , March 24, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (FSE: QM01) From the President of the Company. The Company is pleased to announce the closing of its previously announced "best efforts" public offering of 11,300,000 units of the Company (each, a "Unit") at a price of C$1.95 per Unit (the "Issue Price") for gross proceeds of C$22,035,000 , which includes the partial... Read More
VANCOUVER, BC , March 21, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Further to the Company's news releases of March 2 nd and 3 rd , 2023, the Company is pleased to announce it has filed and obtained a receipt for the final short form prospectus in connection with its previously announced "best efforts" public offering of a minimum... Read More
VANCOUVER, BC , March 14, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that GENERON has completed its work on the McCauley Helium Processing Facility. The initial sale will be going to an Arizona -based industrial gas supplier, which is supplying its own trailer. The Company expects to work through... Read More
VANCOUVER, BC , March 3, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce the terms of its previously announced marketed public offering (the "Offering") of units (the "Units") in the capital of the Company. The Company intends to issue up to 10,300,000 Units at a price of C$1.95 per Unit (the "Issue... Read More
VANCOUVER, BC , March 2, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it has launched a marketed public offering (the "Offering") of units (the "Units") in the capital of the Company, at a price to be determined in the context of the market (the "Issue Price") for gross proceeds of up to C$20... Read More
VANCOUVER, BC , Feb. 27, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (FSE: QM01) From the President of the Company. The Company is pleased to announce that it has completed high-pressure testing of all the processing facility components and has powered up the facility through the compressed natural gas (CNG) generators. The McCauley Helium Processing Facility will transition to... Read More
VANCOUVER, BC , Feb. 22, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it has signed a letter of agreement to purchase raw or crude helium gas from PetroSun, subject to approval by the Company and available processing capacity at the anticipated date of delivery. The agreement calls for... Read More
VANCOUVER, BC , Feb. 21, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (FSE: QM01) From the President of the Company. The Company is pleased to announce that it has been granted an exemption to the 640-acre spacing requirements allowed by the State of Arizona . This exemption will allow the Company to drill wells on 40 acres of spacings as opposed to the usual 1 well per section that... Read More
VANCOUVER, BC , Jan. 30, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it has leased an additional 15,600 acres situated on indicated structural traps for helium. With this acreage combined with the previously announced 8023 acres, Desert Mountain Energy Corp has increased its Arizona... Read More
VANCOUVER, BC , Jan. 23, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSX.V: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce it has been named to the 2023 OTCQX® Best 50, a ranking of top-performing companies traded on the OTCQX Best Market last year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the... Read More
GreenStockNews
VANCOUVER, BC , Jan. 19, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSX.V: DME), (U.S. OTC: DMEHF), (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that on January 17, 2023 , the Company held a commissioning ceremony for the McCauley Helium Processing Facility. A... Read More
VANCOUVER, BC , Jan. 11, 2023 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME), (U.S. OTC: DMEHF), (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it has elected to exercise its option to lease an additional 8,023 acres in Arizona . The Company's geologic team identified the structural highs on the additional acreage based on geophysical data. Along with intact... Read More
GreenStockNews
VANCOUVER, BC , Dec. 15, 2022 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that three of the four components which house the McCauley Helium Processing Facility arrived on-site on December 13, 2022 ,... Read More
VANCOUVER, BC , Dec. 13, 2022 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it has successfully completed its wildcat well on the Gunnar Dome prospect. As previously announced, the Company made the decision to test multiple zones in the well to have a better understanding of the localized geology... Read More
GreenStockNews
VANCOUVER, BC , Dec. 7, 2022 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The company is pleased to announce that testing of the McCauley Helium Processing Facility has been completed. The temporary interconnect lines are being removed and... Read More
VANCOUVER, BC , Nov. 11, 2022 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company, November 11, 2022 - The Company is pleased to announce its plant build contractor, GENERON, is completing assembly and will begin testing of the plant by 11/18/2022. It is expected that the testing of all modular units will be completed by 11/29/2022. Once testing is... Read More
Desert Mountain Energy Corp. (TSXV: DME) (OTCQX: DMEHF) (FSE: QM01) ("DME" or the "Company"), today announced that Don Mosher, President of Desert Mountain Energy Corp. will be attending the Q4 Investor Summit virtually. During the presentation, Don Mosher will discuss that DME is in the final stages of building a vertically integrated primary producer of helium in NE Arizona. Event: Q4 Investor Summit Date: November 15th,... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy Corp. ("DME" or the "Company") has granted a total of 815,000 incentive stock options at an exercise price of $2.35 per share to its directors, officers, employees, and consultants. The options will be issued to newly appointed directors, officers, and the accounting and legal... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. GUNNAR DOME WELL The workover rig and the required associated equipment are scheduled to arrive next week upon being released from their current work. We will be conducting a cement squeeze operation on both sets of current perforations in order to isolate them. Once completed, perforation into a... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME ) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it has signed a Joint Operating Agreement (JOA) with Beam Earth Ltd. The JOA initially encompasses the shallow hydrogen zones found while drilling in the McCauley helium field. The agreement provides for the Company's continued ability to remain focused on its... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that court in Coconino County, AZ has dismissed every claim filed against the Company by the City of Flagstaff with the exception of one breach of contract claim, regarding a prior licensing agreement. The Company is in the process of reviewing all pertinent details of... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSX.V: DME) (OTC: DMEHF) (Frankfurt: QM01) is pleased to announce that it has closed its non-brokered private placement previously announced on September 1, 2022 (the "Offering"), raising gross proceeds of CAD $6,090,400 . The Company issued 2,342,461 units (the "Units") at a price of CAD $2.60 per Unit. Each Unit is made up of one common share of the Company and one share... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) is pleased to announce that $5.3M has been received with the balance of the announced $5.98M private placement expected to be received shortly. The financing will be closed upon receiving TSXV conditional approval. The completion rig is on the Gunnar Dome Well site. Completion and testing should be completed next week with sampling... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) is pleased to announce that it is proceeding with a non-brokered private placement offering to raise up to CAD $5.98 Million . Under the terms of the private placement, the Company will offer for sale up to 2.3 million Units (the "Units") at CAD $2.60 per Unit. Each Unit will consist of one common share of the Company and one share... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) , (OTC: DMEHF) , (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it has acquired an additional 40 acres of land for future facilities in Navajo County, Arizona. Desert Mountain Energy Corp. has made progress on the Gunnar Dome prospect and has set and cemented the production casing. The completion rig is scheduled for the... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it has encountered the largest number of helium and hydrogen showings from all wells drilled thus far, on its Gunnar Dome prospect in Arizona . Mass spectrometer readings during drilling operations clearly delineated multiple zones which had either helium, hydrogen... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce they have entered into an agreement with Beam Earth Ltd. to cooperate and define the commercial possibilities of the Company's sulphur-free hydrogen discoveries. Beam Earth Ltd. has expertise in cost-effective and innovative methods to produce hydrogen-related products... Read More
Desert Mountain Energy is pleased to announce the spudding of the Gunnar Dome Wildcat Well. The intended depth of this well is 4,500'+- and is designed to test all zones to the top Granite Formation. DME will be utilizing the same successful drilling procedures, including multiple casing strings designed to protect all zones and the environment. Our geologic modelling suggests that the gas composition should contain high... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that the rig has been released to us and will be mobilized to our Gunnar Dome prospect in Arizona . The intended depth of this well is 4,500'+- and is designed to test all zones to the top Granite Formation. We will be utilizing our same successful drilling procedures,... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) Due to general negative market pressures over the weeks, and a corresponding reduction in the Company's trading price, the Company will be reducing the per unit price of the private placement announced June 8 and 21 , 2022. The price per Unit of the private placement will be reduced from $3.00 per Unit to $2.50 per Unit. All other terms... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) is pleased to announce that due to greatly increased demand, it is increasing the size of its non-brokered private placement offering recently announced on June 8 , 2022. The Company now plans to raise up to CAD $7.5 Million , an increase of 50% over the original amount announced. Under the terms of the private placement, the Company... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) is pleased to announce that it is proceeding with a non-brokered private placement offering to raise up to CAD $5 Million . Under the terms of the private placement, the Company will offer for sale up to 1.667 million Units (the "Units") at CAD $3.00 per Unit. The Company may in its sole discretion increase the maximum of the... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it has received permits for the next two helium wells in Arizona . The Gunner Dome wildcat prospect is approximately 16 miles east of the McCauley Helium Field. Operations for this well will begin in July when the rig is finished with its current contract. An... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company The Company is pleased to announce that it has added Marta Hodan Wasko as VP of Geology. Marta is a petroleum geologist with a focus on sedimentology and stratigraphy with multiple years of experience in exploration, development, reservoir characterization, and wastewater injection. She has multiple... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S.OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy Corp. (DME) is pleased to announce that Helium concentrations in Offset Wells #5, #6 & #7 were higher than originally found in Discovery Well #4. The average Helium percentage makeup using combined starting flow rates from the offsets was 3.511%. CO2 averaged 0.0201% with the... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy's contractor, GENERON, has begun fabrication of the McCauley Helium Processing Facility. The processing facility is the first solar-powered helium processing facility in the world. In addition to using solar energy, the Company will also use hydrogen that was discovered in the... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy Corp. (DME) is pleased to announce that it has completed cased hole work on Wells 5 and 6. Completion work on Well 7 is anticipated to be completed later this week. Bottom hole pressures were within the expected values and the initial flow test and sampling for gaseous analysis... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTCQX: DMEHF), (Frankfurt: QM01) From the President of the Company. The Company has released a corporate demonstration showcasing our general drilling and casing procedures which exceed state regulatory requirements . Cementing and casing costs have increased by over 19% by following these procedures but are deemed necessary by our technical team. These procedures not... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy Corp. has now started completion work on Offset Wells #5, #6 and #7 in the McCauley Helium Field. Sampling will be completed in the next 10-14 days with approximately another 14 days to get results for public release. "The team is excited to finally complete and sample the 3 offset... Read More
VANCOUVER, BC , April 14, 2022 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it has purchased five heavy haul rigs to move drilling and plant processing equipment. The Company has lost critical time waiting to get drilling equipment moved and has seen a large increase in heavy haul rig costs. DME spent... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSX.V: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it is mobilizing the cased hole logging work on Wells #5, #6 and #7. DME will be utilizing additional cased hole logging tools to further increase our team's knowledge and correlate the mass spectrometer, gas chromatograph readings, geo logs, mineralogical... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. As DME continues on its path to production, the Company would like to make an update on the progress through to the start of Q3. CRITICAL GLOBAL HELIUM SHORTAGE: 1. The Russian Amur Complex fires and explosion has removed a projected source of up to 25% of global helium demand. 2. The US Government (BLM)... Read More
Desert Mountain Energy Corp. (DME) is pleased to announce that the Arizona Court of Appeals has ruled unanimously in favor of the Company and ordered the original ruling vacated and remanded. Furthermore, the Company will make announcements concerning Well #3 and other pertinent issues as appropriate. We deeply appreciate and applaud our legal team. ABOUT DESERT MOUNTAIN ENERGY Desert Mountain Energy Corp. is a publicly... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSX.V: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy Corp. (DME) is pleased to announce that it has set production casing to the top of the Granite Formation in Well #7 (13-1). In addition to the previously announced hydrogen and helium zones, the well encountered additional multiple zones where helium was shown to be present... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSX.V: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that they have been chosen as the recipient of "Best Helium Exploration and Development Company – North America " by the Canadian Business Awards 2022. For the past six years, the Canadian Business Awards honours pioneering industries and businesses that have... Read More
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. The well encountered multiple zones where helium was shown to be present via the mass spectrometer, in addition to the previously announced hydrogen and helium zones. We had three repeated zones of interest for helium as were... Read More
DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. 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.... Read More

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