Published by Todd Bush on March 3, 2025
VANCOUVER, BC, March 3, 2025 /PRNewswire/ – Desert Mountain Energy Corp. (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) has entered into an exclusive licensing agreement with Hethos Ltd. for its proprietary helium extraction plant design, targeting operations in South West England.
Hethos Ltd. is focused on a cost-effective proprietary process to extract hydrogen and then process it into a form suitable for safe bulk transportation. Desert Mountain Energy's autonomously operating plant is designed to be highly energy-efficient, allowing it to operate using alternative energy sources like solar and wind power. This design significantly reduces energy consumption compared to other processing plants.
The first plant built by Desert Mountain Energy was initially powered by solar energy in Arizona. However, due to regulatory delays, it was relocated to New Mexico's West Pecos Abo Gas Field. It now operates using natural gas from the field. The strategic reduced energy consumption design of the modular plant demonstrates its flexibility and adaptability.
This agreement is between Desert Mountain Energy Corp., a Canadian publicly traded company currently producing processed natural gas and helium, and Hethos Ltd., a United Kingdom-registered company. Under the terms of the agreement, Desert Mountain Energy will receive a 5% royalty on helium gases extracted by the plant and retains the rights to participate in and be named as the operator for any or all projects within the designated area of exclusivity.
The licensed area covers Cornwall, Devon, Bristol, and Gloucestershire, including any offshore prospects that may be drilled from onshore locations. Both companies are exploring opportunities for the exploration, development, and production of hydrogen and helium.
>> In Other News: Capito Gives Update on Hydrogen Hub Project
Desert Mountain Energy Corp. is a publicly traded resource company primarily focused on the exploration, development and production of helium, hydrogen and natural gas. The Company is focused on helium extraction from different raw gas sources in an environmental and economic manner, supplying elements deemed critical to the renewable energy and high technology industries*.*
We seek safe harbor
_"Robert Rohlfing"_Robert RohlfingExec Chairman & CEO
SOURCE Desert Mountain Energy Corp.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue ⭐ Deep Sky Receives First Pre-Issuance DAC Rating ♻️ Casella Waste Systems and Waga Energy Bring Third RNG Facility Online at McKean Landfill 🌐 Sinopec and International Partners...
Inside This Issue ✈️ Montana Renewables Announces Innovative, Capital-Efficient Expansion to 200 Million Gallons of Sustainable Aviation Fuel ⚗️ Live Oak Starts Competitive FEED for Nebraska E-Met...
Inside This Issue 🏗️ Construction Begins on Blue Point Project 🧪 Commencement of FEED for the Live Oak Project for e-NG Production in Nebraska 🍁 Mercer International Secures C$20 Million Canadian ...
Deep Sky Receives First Pre-Issuance DAC Rating
Pre-Issuance Rating for Deep Sky One Follows New DAC-Specific Integrity Framework with Sylvera Deep Sky, the world’s first technology-agnostic carbon removal project developer, has received an AAA...
Sinopec And International Partners Launch Initiative To Advance Global CCUS Cooperation
ASTANA, Kazakhstan, Sept. 4, 2026 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") joined the International CCUS Technology Innovation Cooperation Organization, the...
Casella Waste Systems and Waga Energy Bring Third RNG Facility Online at McKean Landfill
RUTLAND, Vt., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling and resource management services company in the Eastern United States,...
Methanol Qualified As A Feedstock For Sustainable Aviation Fuel
The more than 23,000 large aircraft worldwide consume approximately 350 billion liters of fuel annually and account for about 3 percent of human-caused CO2 emissions. For long-haul flights over 4,0...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.