Desert Mountain Receives Permit for the 1-1 Helium Well

Desert Mountain Energy has received a permit for the first offset well, the 1-1 at the McCauley Field. The Company expects the rig to be mobilised and the well spudded by the end of this week. The well is planned to reach a TD of ~4,300 feet and is located on a structural high, where the porosity and permeability are expected to be highly productive in multiple formations.

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