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DESERT MOUNTAIN ENERGY GIVES UPDATE ON THE WEST PECOS SLOPE ABO GAS FIELD
DESERT MOUNTAIN ENERGY GIVES UPDATE ON THE WEST PECOS SLOPE ABO GAS FIELD Canada NewsWi...
About this update from Desert Mountain Energy Corp.
[{"type":"text","content":"\n \n \n \n DESERT MOUNTAIN ENERGY GIVES UPDATE ON THE WEST PECOS SLOPE ABO GAS FIELD\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.prntar{\nTEXT-ALIGN: RIGHT\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 \n VANCOUVER, BC\n \n \n ,\n \n \n Sept. 5, 2023\n \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 The Company is excited to report its ongoing success in reassembling the helium processing facility in\n \n New Mexico\n \n . 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 to a higher net price for the methane gas produced by the company. The elimination of these particles will have an immediate and substantial impact on the net price received by the Company for its natural gas.\n \n \n The Company will continue replacing specific portions of flow lines and has implemented a scheduled maintenance program for the flow lines. The continued pigging of lines will help to lower flowing pressures from the furthest distant wells. Smaller gathering system compressors have been delivered, when coupled with line pigging will enable boosting production from the wells testing with elevated levels of helium. As stated in the press release on 08/16/23, the geologic team conducted independent gas analysis on specific individual wells, focusing on wells that showed higher levels of helium in previous tests over the past two years. The overall average gas composition of the tested wells, including C1-C10, Nitrogen, and Helium percentages, falls within the expected ranges based on testing and reported by the former operator. The Company plans to continue conducting additional independent gas composition tests on specific wells to further delineate opportunities to increase the overall helium throughput of the plant.\n \n \n \n \n THE McCAULEY PROJECT IN\n \n ARIZONA\n \n \n \n \n \n DME, in partnership ...