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 🌱 Bio-Oil Breakthrough: Cleaning Up Abandoned Wells While Cutting CO₂ ⛏️ MAX Power Begins Historic Drilling of Canada’s First-Ever Natural Hydrogen Well ⚡ California Pauses Hydro...
Inside This Issue 💰 G20's Carbon Removal Gap Opens $1 Trillion Door ✈️ Gold Standard Labels First Credits As Eligible For CORSIA Compliance 🌲 Chestnut Carbon Has Sold High-Integrity IFM Carbon Rem...
Inside This Issue 💨 How Direct Air Capture Could Drop 75% in Cost ⚡ Cache Power Advances 30 GWh Compressed Air Energy Storage Project In Alberta 🪨 Canada Nickel And The University Of Texas At Aust...
MAX Power Begins Historic Drilling of Canada’s First-Ever Natural Hydrogen Well
The Lawson Target Exhibits All Five Key Elements for a Potential Natural Hydrogen Accumulation Including Source Rocks, Migration Pathways, Reservoirs, Seals and Traps, Along With a Defined Four-Way...
Next Hydrogen Announces $20 to $30M Equity Private Placement Led by Smoothwater Capital Corporation
MISSISSAUGA, Ontario, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Next Hydrogen Solutions Inc. (the “Company” or “Next Hydrogen”) (TSXV:NXH, OTC:NXHSF), a Canadian designer and manufacturer of hydrogen elect...
Cell Impact And Thyssenkrupp Automation Engineering Enter Cooperation Agreement
Cell Impact and thyssenkrupp Automation Engineering have entered a Strategic Cooperation Agreement for Joint Market Success in the Field of Hydrogen. The agreement includes a shared ambition to ca...
Innovative and proprietary solution aims to set a new standard for high-efficiency performance while delivering superior economics and flexibility to operate on natural gas and renewable natural ga...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.