| Oil, Gas & Consumable Fuels Industry | Energy Sector | Mr. Robert Rohlfing CEO | OTC GREY Exchange | CA25043D1078 ISIN |
| United States Country | - Employees | - Last Dividend | 10 Apr 2018 Last Split | - IPO Date |
Desert Mountain Energy Corp. is a forward-looking company engaged in the detailed exploration and responsible development of oil and gas, alongside significant interests in helium, hydrogen, condensate, and various mineral properties located within the Southwestern United States. Its flagship project centers around helium exploration within the Holbrook Basin in Northern Arizona. Initially established under the name African Queen Mines Ltd., the company underwent a pivotal rebranding to Desert Mountain Energy Corp. in April 2018 to better reflect its strategic focus on the North American energy sector. Since its incorporation in 2008, Desert Mountain Energy has positioned its headquarters in Surprise, Arizona, embodying a commitment to leveraging the rich natural resources of the region through innovative and sustainable practices.
The cornerstone of Desert Mountain Energy Corp.'s product suite is its helium exploration and development initiatives, particularly within the Holbrook Basin project in Northern Arizona. Recognizing helium's critical role in various high-tech industries, from medical technologies and space exploration to fiber optic manufacturing, the company meticulously focuses on identifying and capitalizing on helium-rich natural gas streams. Through strategic exploration efforts, Desert Mountain Energy endeavors to meet the rising global demand for helium, ensuring a stable supply for essential technological and medical applications.
Desert Mountain Energy Corp. is also branching into the exploration of hydrogen as part of its diversification strategy. Hydrogen, hailed for its potential as a clean and sustainable energy source, figures prominently in the company's long-term vision. By developing viable sources of hydrogen, Desert Mountain Energy aims to contribute to the energy transition towards lower carbon technologies and fuel sources, highlighting its commitment to environmental sustainability and innovation in energy solutions.
Alongside its focus on helium and hydrogen, Desert Mountain Energy continues to explore and develop traditional energy resources, such as oil and gas. The company leverages its expertise in geology and engineering to identify promising oil and gas reserves in the Southwestern United States. Through responsible and efficient extraction methods, it seeks to optimize production while minimizing its environmental footprint, adhering to a commitment to sustainability and ethical energy production.
In addition to energy resources, Desert Mountain Energy Corp. extends its exploratory activities to include a variety of mineral properties. This diversification into minerals underlines the company's strategic approach to resource development, aiming to identify and exploit mineral deposits that have potential industrial and commercial value. Through comprehensive geological surveys and research, Desert Mountain Energy aspires to uncover new mineral resources, contributing to the broader resource development sector in the Southwestern United States.