Brief: Desert Mountain Energy Provides Update On The Arizona Projects And Closing On The Initial New Mexico Project

Desert Mountain Energy

06/07/2023 12:45

July 6 (Reuters) - Desert Mountain Energy Corp  DME.V :
    * DESERT MOUNTAIN ENERGY PROVIDES UPDATE ON THE ARIZONA
PROJECTS
AND CLOSING ON THE INITIAL NEW MEXICO PROJECT
    * DESERT MOUNTAIN ENERGY CORP - CLOSED ON PURCHASE OF WEST
PECOS
SLOPE ABO GAS FIELD AND GAS GATHERING SYSTEM LOCATED IN CHAVES
COUNTY, NEW MEXICO
    * DESERT MOUNTAIN ENERGY CORP - ASSUMED OPERATIONS AND
REVENUE
STREAM FROM EXISTING WELLS OF WEST PECOS SLOPE ABO GAS FIELD
    * DESERT MOUNTAIN ENERGY CORP - AT THIS POINT IN TIME, ALL
PLANNED
DRILLING OPERATIONS IN HOLBROOK BASIN WILL HALT
    * DESERT MOUNTAIN - WILL CONTINUE TO WORK WITH ARIZONA
REGULATORY
AUTHORITIES AS THEY MODIFY AND DEVELOP STATE REGULATIONS
SPECIFIC TO HELIUM INDUSTRY
    * DESERT MOUNTAIN ENERGY CORP - PLANS TO RE-ENTER ARIZONA
STATE
WITH NEW SECOND FACILITY ONCE ASSURANCES AND PERMITS HAVE BEEN
GRANTED

Source text for Eikon:  ID:nPn36xKmBa 
Further company coverage:  DME.V 

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