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 🏦 How Carbon Removal Offtakes Are Starting to Unlock Commercial Debt 🌉 California Opens the Door to a Three-Way Carbon Market 🧪 New Material Developed at Oregon State Provides Bo...
Inside This Issue 🍁 Canada Explores Article 6 Path to Global Carbon Buyers 🌲 ARC Bio Demonstrates Canadian Forest Residue Pathway to Sustainable Aviation Fuel 🌾 Business, Forestry and Agriculture ...
Inside This Issue 🌾 ADM's 800,000-Ton Nebraska Bet on Carbon Removal Credits 🏔️ BLM Reaches New Milestone for Southeast Wyoming Carbon Storage Project 🍁 Haffner Energy Receives a €3.2M Firm Order ...
Uniper signs capacity reservation agreement for future SAF supply from Syzygy Plasmonics' NovaSAF™ platform This agreement reflects growing market momentum in biogas to SAF technology and provides...
Anew Climate Expands European Forest Carbon Portfolio Through Ten-Year Agreement with Sweden's EKEN
Partnership brings Swedish improved forest management credits, developed under Verra's VM0045, to Anew's corporate buyers. Anew Climate (Anew), one of the world’s largest developers and marketers ...
Ocean Visions Launches Comprehensive Knowledge Platform on Marine Carbon Dioxide Removal
mCDR Knowledge Platform New public platform connects organizations, technologies, projects, and field trials to provide a more integrated view of the rapidly evolving mCDR landscape "This user-fr...
Reverion builds world-record efficiency solid oxide fuel cell (SOFC) power plants that generate electricity from gas, provide flexible energy storage through reversibility and can be run carbon-ne...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.