Desert Mountain Energy Corp. (DME), headquartered in Vancouver, Canada, is a dynamic resource company dedicated to the exploration, development, and production of helium and natural gas in the U.S. Southwest. With a keen focus on maximizing shareholder value, the company operates primarily in two significant regions: the West Pecos Slope Abo Gas Field in New Mexico and the Holbrook Basin in Arizona.
The West Pecos Slope Abo Gas Field is a key asset for DME, housing 188 wells, over 50 miles of surface collection lines, and encompassing approximately 120 square miles of oil and gas leases. This field is crucial due to its operational processing plant, which enables the company to commercially extract various grades of helium and natural gas. In Arizona, the Holbrook Basin is renowned as one of the world's premier locations for helium, boasting historic production grades of 8% to 10%. DME's extensive leasehold of over 100,000 acres in this area highlights its commitment to harnessing this valuable resource.
In addition to its primary focus on helium, DME is exploring hydrogen production, signaling its strategic vision for the future of energy. This includes a partnership with Beam Earth Ltd. to leverage naturally occurring nitrogen and hydrogen in their gas fields. The company emphasizes sustainable and socially responsible practices in its operations, aiming to balance profitability with environmental stewardship and community engagement.
Led by a seasoned management team with extensive experience in the oil and gas sector, Desert Mountain Energy is positioned to capitalize on the growing demand for helium and the opportunities presented by a global energy transition. The company remains committed to improving the lives of the communities in which it operates while prioritizing environmental conservation.
