Desert Mountain Energy discovers commercial helium / hydrogen well.
DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company.
Desert Mountain Energy Corp. 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. The gaseous composition will permit the Company to comingle production from Well #2 with gas production from Well #4 in the McCauley Field.
Tests results from an independent laboratory:
| Nitrogen | 91.970% | |
| Helium | 4.171% | |
| Hydrogen | 3.832% | |
| Co2 | 0.019% | |
| Hexanes | 0.000% | |
| Pentanes | 0.000% | |
| Methane | 0.000% | |
| Sulphur | 0.000% |
Finishing & Processing Plant
The base site prep has been completed and our engineering team is finalizing the sourcing, acquisition and construction for the operation plant. Definitive time frames for initial production will be announced upon completion of balance of supplier contracts being executed.
Well #3 Update
The Company continues to be optimistic after the appellate court hearing last week. The Company would urge caution to those who are trying to reach conclusions after listening to the video taped hearing as less than 10% of all evidence was reviewable in the public domain.
About Desert Mountain Energy
Desert Mountain Energy Corp. is a publicly traded exploration and resource company focused on the discovery and development of rare noble and hydrogen gas fields in the U.S. The Company is primarily looking for elements deemed critical to the renewable energy and high technology industries.
Robert Rohlfing, Exec Chairman & CEO
We seek safe harbor
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in polices of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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.
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Desert Mountain Energy Discovers Commercial Helium / Hydrogen Well, VANCOUVER, BC, October 26, 2021
