Business
Desert Mountain Energy Stays on Schedule in 2021 with Drilling Wells #4 and #5
(TheNewswire) January 4, 2021 - TheNewswire - Vancouver, British Columbia...
About this update from Desert Mountain Energy Corp.
[{"type":"text","content":"Desert Mountain Energy Stays on Schedule in 2021 with Drilling Wells #4 and #5\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n January 4, 2021 - TheNewswire -\n \n \n Vancouver, British\nColumbia\n \n \n -\n \n \n DESERT MOUNTAIN ENERGY CORP.  (the “Company”)\n(TSXV:DME\n \n \n ) (\n \n \n OTC:DMEHF\n \n \n ) (\n \n \n Frankfurt:QM01) From the President of the Company.\n \n \n \n \n \n Desert Mountain Energy Corp.’s\n(“DME” or the “Company”) efficacy of its proprietary system\nfor geological research has moved from conceptual to reality with\nactual drilling results. The Company looks forward to proving up more\nof their forward-thinking methodologies. DME is looking for higher\npercentage He3 & He4 concentrations similar to what it has thus\nfar found and with similar bottom hole pressures to that found in our\nfirst 3 wells.\n \n \n \n \n \n \n The Company is pleased to announce that\nin keeping with its first quarter 2021 plans, it selected well\nlocations for #4 & #5 and successfully completed the associated\ncultural resources field work and plant survey. Well #4 will be\ndrilled on private land and leases with both planned wells to be\ndrilled to the Pre-Cambrian Granite at 3,900’+-, with drilling\nscheduled upon final permit & equipment availability. Both well #4\nand #5 will be located approximately 30 miles from wells #1 & #2.\nThe Company’s geological staff believe that the anticlinal feature\nand required trapping mechanisms for helium are present. It is\nexpected well #4 will be proving up multiple deeper / higher pressured\nprospective zones. The Company would anticipate the area surrounding\nthis well could accommodate placement of 8-12 wells, the majority of\nwhich would be on the same friendly private surface and mineral\nownership. In keeping with the Company’s direction of being a\nresponsible member of the community, starting with limiting the\nsurface area of disturbance.  Most of these locations are very close\nto all weather roads and on sites with little or no vegetations with\nthe utilization of only NSF 60 additives, if required, for the\ndrilling of any well. For the past two decades principal management of\nthe Company has utilized only these environmentally safe additives.\n \n \n \n \n \n The Company has h...