Desert Mountain Energy (DME) yesterday commenced drilling of its first helium well in Arizona’s Holbrook Basin.

DME’s said its first well was spudded in Navajo County in the central portion of the Basin, and it is anticipated to be drilled to a total depth of approximately 2790ft.

The company’s technical team has identified five potential target zones for helium bearing gas at varying depths.

According to Irwin Olian, CEO of DME, “We are very excited to be moving forward at this time with our helium drill program in Arizona and are looking forward to success.”