Desert Mountain Energy Corp. Expands Internationally with Helium and Hydrogen Ventures
Key Ideas
- Desert Mountain Energy reached a key operational milestone with the departure of its first helium trailer from its New Mexico facility.
- The company established Desert Energy UK Ltd. and secured a substantial onshore exploration license for helium and hydrogen in the UK, covering 370 square miles.
- DME signed a MoU with Hethos Ltd. to explore and produce helium and hydrogen in the UK and the US, with plans for minimal capital expenditure.
- Investing in technology development, DME entered an NDA for cost-effective extraction technologies and is collaborating on research with universities for detecting commercial helium and hydrogen deposits.
Desert Mountain Energy Corp. (DME) announced significant developments in its operations, legal matters, and strategic initiatives in Arizona, New Mexico, and the United Kingdom. DME achieved a milestone with the first helium trailer leaving its New Mexico facility. The company formed Desert Energy UK Ltd., securing an onshore exploration license in the UK for helium and hydrogen. Collaborating with Hethos Ltd., DME signed a MoU to explore helium and hydrogen in the UK and the US. DME is investing in innovation through NDAs for extraction technologies and research partnerships with universities. The company's focus on responsible project advancement and fostering strategic partnerships reflects its commitment to helium and hydrogen ventures.
Topics
Projects
Innovation
Energy Exploration
International Expansion
Technology Development
Strategic Partnerships
Regulatory Collaboration
Legal Matters
Resource Stewardship
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