Desert Mountain Energy is pleased to announce significant progress on Senate Bill 1444, which aims to establish responsible helium exploration and production regulations in Arizona. On Thursday, March 13, 2025, the Arizona Senate voted to advance SB1444 to the House, where it received bipartisan support from stakeholders. The bill has now been transferred to the Arizona House of Representatives, where it will be assigned [...]
Desert Mountain Energy is pleased to announce that on March 4, 2025, the Arizona Court of Appeals, Division One, issued a 12-page opinion in which it found that the City of Flagstaff's claims against Desert Mountain Energy Corp were null and void. The Court instructed the Trial Court to enter summary judgment in favour of DME. Robert Rohlfing, Executive Chairman of the Board and CEO of Desert Mountain Energy Corp [...]
Desert Mountain Energy has entered into an exclusive licensing agreement with Hethos Ltd. for its proprietary helium extraction plant design, targeting operations in South West England. Hethos Ltd. is focused on a cost-effective proprietary process to extract hydrogen and then process it into a form suitable for safe bulk transportation. Desert Mountain Energy's autonomously operating plant is designed to be highly [...]
Desert Mountain Energy from the President of the Company. DME is pleased to announce that it has closed on the first tranche of its non-brokered private placement offering originally announced on Feb 4, 2025. The Company has initially raised C$514,000 through the issuance of 2,056,000 Units at a price of C $0.25 per Unit. Each Unit consists of one common share of the Company and one share purchase warrant, with each whole [...]
Desert Mountain Energy is pleased to announce significant progress on Senate Bill 1444, which aims to streamline helium exploration in Arizona, requiring that operations are 'designed, constructed, operated, and maintained to not discharge a contaminant into an aquifer.1' The bill successfully passed the Senate Committee on Natural Resources with a 5-2 vote on Tuesday, February 11, 2025, and has advanced to the Rules [...]
Frankfurt: QM01 Desert Mountain Energy Corp. , , From the President of the Company. DME is pleased to announce that it is proceeding with a non-brokered private placement offering to raise up to CAD $2 Million. Under the terms of the private placement, the Company will offer for sale up to 8 million units at CAD $0.25 per Unit. Each Unit will consist of one common share of the Company and one share purchase warrant , with [...]
Desert Mountain Energy is pleased to share an update on its operations in New Mexico and Arizona, as well as a review of the audited financials for 2024. New Mexico Operations The helium processing facilities at the West Pecos Abo Gas Field in New Mexico were brought online over a span of several months. As stated in a press release dated October 30, 2024, we faced various software issues that were present from the [...]
Desert Mountain Energy Corp. From the President of the Company. Desert Mountain Energy is pleased to announce that the West Pecos Slope Abo Gas Field has been successfully operational for over two months. The plant is autonomous, with an AI component coordinating the integrated systems necessary to process the various crude gas components being produced by the wells. DME's technical team has worked through numerous [...]
Desert Mountain Energy Corp. From the President of the Company. As interest in the helium industry in Arizona continues to grow, DME, along with a coalition of interested parties, is coming together to push for legislative change that will support the economic extraction of helium and hydrogen gases while also protecting vital aquifers. The coalition is working closely with the Arizona State Government to implement [...]
Desert Mountain Energy Corp. From the President of the Company. Desert Mountain Energy Corp. is pleased to announce that the separation of commercial volumes of helium from a complex natural gas stream has been achieved. The processing plant has been recirculating and enriching helium with the end product going into an end user's tube trailer. The facility has been in commercial operation following the resolution of [...]
Desert Mountain Energy Corp. From the President of the Company. Desert Mountain Energy Corp., at the request of the BC Securities Commission, clarifies information previously disclosed in its news release of June 19, 2023. The Company retracts its statement that "The well files clearly show elevated helium and hydrogen percentages ranging from 3.863% to 1.374%." and its statement that "The gas tests from 02/23 are [...]
Desert Mountain Energy is pleased to announce its ongoing collaboration with key stakeholders across Arizona, including members of Congress, relevant state agencies, trade associations, and the private sector, to advance the responsible extraction of helium. "While there is still work to be done, we are encouraged by the progress we've made and the meaningful conversations we are having. The importance of helium to [...]