Desert Mountain Energy Corp. Stock Analysis DME.V

Desert Mountain Energy Corp. Is engaged in the acquisition, exploration, and development of helium and natural gas reserves. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2008-06-27. The firm is focused on helium extraction from different raw gas sources in an environmental and economical manner by supplying elements deemed critical to the renewable energy and high technology industries. Its Holbrook Basin Helium Project comprises more than 100,000 acres of key helium prospects under lease, which are located in the prolific Holbrook Basin in Northeast Arizona. Its West Pecos Slope Abo Gas Field and gas gathering system is located in Chaves County, New Mexico. The West Pecos Gas Field encompasses an infrastructure, including 188 wells, over 50 miles of gas collection lines, and 77,000 acres of oil and gas leases. Its secondary focus is developing hydrogen assets located within their helium fields.