Desert Mountain Energy has received permits for its next two helium well in Arizona.

The British Colombia-based helium exploration firm today (7th June) confirmed the milestone for its Guner Dome Wildcat prospect, located approximately 16 miles east of its McCauley Helium field.

Already, the firm has said that work on the Guner Dome Wildcat prospect is expected to begin in July when the rig is finished with its currently contract.

Robert Rohlfing, CEO of Desert Mountain Energy, said, “We are excited about drilling the Gunner Dome Wildcat. Adding another new field to our existing three helium fields will increase the asset value of our portfolio.

“The additional offset will increase our anticipated cash flow from the McCauley Helium Processing Facility.”