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Desert Mountain Energy Announces Helium Discovery on Well

Desert Mountain Energy Announces Helium Discovery on Well Canada NewsWire ...

articleDesert Mountain Energy Corp.July 9, 20214/company/desert-mountain-energy-corp/news/desert-mountain-energy-announces-helium-discovery-on-well
Desert Mountain Energy Announces Helium Discovery on Well

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[{"type":"text","content":"\n \n \n \n Desert Mountain Energy Announces Helium Discovery on Well\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n TSX.V: DME\n \n U.S. OTC: DMEHF\n \n \n Frankfurt\n \n : QM01\n \n \n \n VANCOUVER, BC\n \n ,\n \n July 9, 2021\n \n /CNW/ -\n \n DESERT MOUNTAIN ENERGY CORP.  (the \"Company\")\n \n (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01)\n \n From the President of the Company.\n \n \n \n Desert Mountain Energy Corp. is pleased to announce that it has encountered significant showings of helium across four formations in its fourth wildcat well. A decision was made to set production casing and is in the process of cementing it into place. In keeping with the original plan, indications suggest there was very limited background levels of gases other than Nitrogen and Helium present during drilling.\n \n \n The Company will be scheduling the completion equipment and will not make further announcements with regards to this well until those completion procedures and testing are completed.\n \n \n The Company is also pleased to announce that it has been assigned a direct payee number by the US government, to enable immediate same day payment for gases shipped.\n \n \n The Company has assigned 150,000 options at\n \n $4.25 CDN\n \n to a consultant.\n \n \n \n ABOUT DESERT MOUNTAIN ENERGY\n \n \n \n Desert Mountain Energy Corp. is a publicly traded exploration and resource company focused on the discovery and development of rare earth gas fields in the U.S. The Company is primarily looking for elements deemed critical to the renewable energy and high technology industries.\n \n \n We seek safe harbor\n \n \n \n \"Robert Rohlfing\"\n \n \n \n Robert Rohlfing\n \n \n Chairman & CEO\n \n \n 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 an...

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