DME SIGNS STRATEGIC AGREEMENT WITH SUSTANY HOLDINGS AND PROVIDES OPERATIONAL UPDATE FOR ARIZONA AND NEW MEXICO
Desert Mountain Energy (DME) has signed a strategic agreement with Sustany Holdings to construct a large data center exceeding 200 MW, powered by grid electricity, solar energy, and natural gas. This partnership secures a long-term user for DME's natural gas and significant helium output.
The company plans to enhance operations by potentially adding a nitrogen separation unit and upgrading approximately 33 miles of new lines to increase natural gas and helium production. During these upgrades, wells and processing facilities will temporarily pause operations, with BLM approval secured.
Key developments include:
- Expansion of McCauley Helium Field solar facilities
- Integration with Southwest Power Grid in Arizona
- Commitment to environmentally conscious gas processing
- Planned UK expansion with CEO meetings
DME's gathering system maintains efficiency without methane leakage issues common in older systems. The company continues to focus on cost-effective operations while advancing projects in Arizona and New Mexico.
Desert Mountain Energy (DME) ha firmato un accordo strategico con Sustany Holdings per la costruzione di un grande data center con una potenza superiore a 200 MW, alimentato da energia elettrica di rete, solare e gas naturale. Questa collaborazione garantisce un utilizzatore a lungo termine per il gas naturale e una significativa produzione di elio di DME.
L'azienda prevede di migliorare le operazioni aggiungendo eventualmente un'unità di separazione dell'azoto e aggiornando circa 33 miglia di nuove condotte per aumentare la produzione di gas naturale ed elio. Durante questi aggiornamenti, i pozzi e gli impianti di lavorazione sospenderanno temporaneamente le attività, con l'approvazione della BLM già ottenuta.
Sviluppi chiave includono:
- Espansione delle strutture solari del giacimento di elio McCauley
- Integrazione con la rete elettrica Southwest Power Grid in Arizona
- Impegno per un trattamento del gas rispettoso dell'ambiente
- Espansione prevista nel Regno Unito con incontri del CEO
Il sistema di raccolta di DME mantiene l'efficienza senza problemi di perdite di metano comuni nei sistemi più vecchi. L'azienda continua a concentrarsi su operazioni economicamente vantaggiose mentre porta avanti i progetti in Arizona e New Mexico.
Desert Mountain Energy (DME) ha firmado un acuerdo estratégico con Sustany Holdings para construir un gran centro de datos de más de 200 MW, alimentado por electricidad de la red, energía solar y gas natural. Esta asociación asegura un usuario a largo plazo para el gas natural y una producción significativa de helio de DME.
La compañía planea mejorar sus operaciones añadiendo potencialmente una unidad de separación de nitrógeno y actualizando aproximadamente 33 millas de nuevas líneas para aumentar la producción de gas natural y helio. Durante estas mejoras, los pozos y las instalaciones de procesamiento suspenderán temporalmente sus operaciones, con la aprobación de la BLM ya obtenida.
Desarrollos clave incluyen:
- Expansión de las instalaciones solares del campo de helio McCauley
- Integración con la red eléctrica Southwest Power Grid en Arizona
- Compromiso con el procesamiento de gas ambientalmente responsable
- Expansión planificada en el Reino Unido con reuniones del CEO
El sistema de recolección de DME mantiene la eficiencia sin problemas de fugas de metano comunes en sistemas más antiguos. La compañía continúa enfocándose en operaciones rentables mientras avanza con proyectos en Arizona y Nuevo México.
Desert Mountain Energy (DME)는 Sustany Holdings와 전략적 협약을 체결하여 200MW를 초과하는 대형 데이터 센터를 건설할 예정이며, 이 데이터 센터는 전력망 전기, 태양광 에너지, 천연 가스로 운영됩니다. 이 파트너십은 DME의 천연 가스와 상당한 헬륨 생산에 대한 장기 사용자를 확보합니다.
회사는 질소 분리 장치 추가 및 약 33마일의 신규 라인 업그레이드를 통해 천연 가스와 헬륨 생산을 증가시키는 방안을 계획하고 있습니다. 업그레이드 기간 동안 우물과 처리 시설은 일시 중단되며, BLM 승인을 이미 확보했습니다.
주요 개발 사항은 다음과 같습니다:
- McCauley 헬륨 광산 태양광 시설 확장
- 애리조나의 Southwest Power Grid와 통합
- 환경 친화적 가스 처리에 대한 약속
- CEO 미팅과 함께 예정된 영국 확장
DME의 집합 시스템은 기존 시스템에서 흔히 발생하는 메탄 누출 문제 없이 효율성을 유지합니다. 회사는 애리조나와 뉴멕시코에서 프로젝트를 진행하며 비용 효율적인 운영에 계속 집중하고 있습니다.
Desert Mountain Energy (DME) a signé un accord stratégique avec Sustany Holdings pour construire un grand centre de données de plus de 200 MW, alimenté par l'électricité du réseau, l'énergie solaire et le gaz naturel. Ce partenariat garantit un utilisateur à long terme pour le gaz naturel et une production significative d'hélium de DME.
L'entreprise prévoit d'améliorer ses opérations en ajoutant potentiellement une unité de séparation d'azote et en modernisant environ 33 miles de nouvelles conduites pour augmenter la production de gaz naturel et d'hélium. Pendant ces améliorations, les puits et les installations de traitement seront temporairement arrêtés, avec l'approbation de la BLM déjà obtenue.
Les développements clés incluent :
- Extension des installations solaires du champ d'hélium McCauley
- Intégration avec le Southwest Power Grid en Arizona
- Engagement envers un traitement du gaz respectueux de l'environnement
- Expansion prévue au Royaume-Uni avec des réunions du PDG
Le système de collecte de DME maintient son efficacité sans les problèmes de fuites de méthane courants dans les systèmes plus anciens. L'entreprise continue de se concentrer sur des opérations rentables tout en faisant progresser ses projets en Arizona et au Nouveau-Mexique.
Desert Mountain Energy (DME) hat eine strategische Vereinbarung mit Sustany Holdings unterzeichnet, um ein großes Rechenzentrum mit über 200 MW zu errichten, das mit Netzstrom, Solarenergie und Erdgas betrieben wird. Diese Partnerschaft sichert einen langfristigen Nutzer für DME's Erdgas und eine beträchtliche Heliumproduktion.
Das Unternehmen plant, den Betrieb durch die mögliche Hinzufügung einer Stickstoffabscheidungseinheit und die Aufrüstung von etwa 33 Meilen neuer Leitungen zur Steigerung der Erdgas- und Heliumproduktion zu verbessern. Während dieser Aufrüstungen werden die Brunnen und Verarbeitungsanlagen vorübergehend stillgelegt, wobei die Genehmigung der BLM bereits vorliegt.
Wichtige Entwicklungen umfassen:
- Erweiterung der Solaranlagen im McCauley Heliumfeld
- Integration in das Southwest Power Grid in Arizona
- Verpflichtung zu umweltbewusster Gasverarbeitung
- Geplante Expansion im Vereinigten Königreich mit CEO-Treffen
Das Sammelsystem von DME arbeitet effizient und ohne Methanleckagen, wie sie bei älteren Systemen häufig vorkommen. Das Unternehmen konzentriert sich weiterhin auf kosteneffizienten Betrieb und treibt Projekte in Arizona und New Mexico voran.
- Strategic agreement with Sustany Holdings for 200+ MW data center secures long-term natural gas and helium sales
- Planned facility upgrades to maximize helium production throughput
- BLM approval received for temporary production suspension during upgrades
- Expected increase in royalties and sales tax revenues from reduced lost volumes
- Company's gathering system reportedly free from methane leakage issues
- Temporary production shutdown required during facility upgrades and line installations
- Current facility operating below volume capabilities
- 33 miles of new lines need to be upgraded and expanded, indicating significant capital expenditure
- Neighboring well owners planning production interruptions
- Current gas sales contracts from other buyers deemed economically unviable
TSX.V: DME
To increase the production of tariff-regulated gas and high-grade helium, DME may add a nitrogen separation unit to meet gas purity specifications of the data center. The company will also update and reroute flow lines to maximize throughput at its processing facility. Although the facility has been optimized for peak helium extraction, it has been operating below volume capabilities; maximum helium production will require all wells to be routed through the plant.
DME plans to upgrade and expand approximately 33 miles of new lines, including the installation of larger lines to reduce pressure and increase natural gas and helium production. During these upgrades, wells and the processing facility will be temporarily shut in for specific periods.
DME's gathering system is not subject to the methane leakage issues found in some older systems in the area. After gas leaves DME's meter, the company is not responsible for subsequent leakages or line losses due to other processing systems. DME remains committed to cost-effective and environmentally conscious gas processing. The Bureau of Land Management has approved the temporary suspension of production during these enhancements. DME anticipates increased royalties and sales tax revenues from reduced lost volumes.
Some neighboring well owners have announced plans to interrupt production to install new gathering lines and pursue direct sales to end-users. DME and other operators have worked diligently to secure realistic gas sales contracts, however, terms offered by other buyers would not be economically viable for long-term operations or shareholder returns.
Discussions with Sustany Holdings also include potential expansion of the McCauley Helium Field solar facilities and integration with the Southwest Power Grid in
In preparation for feasibility and geophysical studies in the
ABOUT DESERT MOUNTAIN ENERGY
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 Rohlfing
Exec Chairman & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in polices of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.
Cautionary Note Regarding Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward looking statements and information herein include but are not limited to statements regarding the Company's anticipated performance in the future the planned exploration activities, receipt of positive results from drilling, the completion of further drilling and exploration work, and the timing and results of various activities.
Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company and its operations to be materially different from those expressed or implied by such statements. Such factors include, among others, changes in national and local governments, legislation, taxation, controls, regulations and political or economic developments in
Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the continued operation of the Company's exploration operations, no material adverse change in the market price of commodities, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company does not intend to, and nor does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.
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SOURCE Desert Mountain Energy Corp.
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