DMEHF - Desert Mountain Energy Commences Drilling the Third Well of its Helium Program in Arizona's Holbrook Basin
(TheNewswire)
December 7, 2020 - TheNewswire - Vancouver, BritishColumbia - DESERT MOUNTAINENERGY CORP. (the “Company”) (TSXV:DME ) ( OTC:DMEHF ) ( Frankfurt:QM01) From the President of theCompany.
Vancouver, British Columbia —Desert Mountain Energy Corp. (the “Company”) (TSX. V:DME) ispleased to announce that it has commenced drilling its third well inArizona. DME well # State 26-1.
The well is anticipated to be drilled to a total depth(TD) of approximately 2,000 feet. This well is located approximately70 miles west of the first two wells and is intended to prove up anumber of significant geological structures in the western portion ofthe basin. The Company’s technical team has identified threepotential target zones in this well. Surface casing has been set andcemented into place and after sufficient curing time for the cement,drilling to planned TD is ongoing.
After drilling this well to planned TD and a decisionhas been made to set & cement production casing, a completion rigwill be brought in to complete the well, perforate and test specificzones. That testing if undertaken will include a full gas compositiontest completed by an independent third party.
Desert Mountain Energy Corp. is a publicly traded exploration andresource company focused on the discovery and development of rareearth gas fields in the US. The Company is primarily looking forelements deemed critical to the green energy and high technologyindustries.
We seek safe harbor
“ Robert Rohlfing ”
Robert Rohlfing
Chairman & CEO
For more information, contact:
Don Mosher, Vice President of Finance (604) 617-5448 E-mail: Don@desertmountainenergy.com |
The TSX Venture Exchange has not reviewed and does notaccept responsibility for the adequacy or accuracy of the content ofthe information contained herein. The statements made in this pressrelease may contain certain forward-looking statements that involve anumber of risks and uncertainties. Actual events or results maydiffer from the Company’s expectations.
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