Desert Mountain Energy Enters Into Licensing Agreement With Hethos Ltd.
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
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 RohlfingExec Chairman & CEO
SOURCE Desert Mountain Energy Corp.
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Companies
Latest issues
-
Hydrogen Hit or Hype? BP’s Exit Isn’t the Full Story
Inside This Issue 🔌 BP's Indiana Exit Is Not the Endgame for Clean Hydrogen ☀️ Cadiz Signs Second MOU for Hydrogen - Solar Development at Cadiz Ranch 🏗️ Heidelberg Materials Inaugurates Brevik CCS...
-
Clean Energy Bill Fallout: Who’s on Top, Who’s Not?
Inside This Issue 🧩 Who Gets Left Behind? Inside the Senate Plan Reshaping America's Clean Energy Future 🌿 TMD Energy Limited Enters into Strategic Memorandum of Agreement to Advance Green Bioener...
-
BP Hits Brakes on Indiana Carbon Storage Project, Indefinitely Delayed
Inside This Issue 🛑 BP Pauses Project to Pipe, Store Carbon Emissions Underground in Indiana Indefinitely 🤝 Deep Sky Announces Multi-Year Offtake Agreement with Rubicon Carbon 🤖 Automating Hydroge...
Company Announcements
-
Industry-first framework addresses critical gaps in carbon capture verification, enabling safer, more bankable projects DNV has released a new service specification (DNV-SE-0696) for the verificat...
-
Cadiz Signs Second MOU for Hydrogen - Solar Development at Cadiz Ranch
Clean energy and digital infrastructure projects at Cadiz expected to generate $7-$10 million per year in lease revenue and water supply sales, in addition to supporting sustainable water and farmi...
-
Expro Wins Well Test Contract for Major UK CCS Project
Latest contract extends Expro’s decade-plus support of the UK Carbon Capture and Storage (CCS) industry ABERDEEN, Scotland--Energy services provider, Expro (NYSE: XPRO), has secured a key contract...
-
MAX Power Team Identifies Rare Basement Source Rocks as Potential Natural Hydrogen Source
Multi-Well Drill Program Planned for Target-Rich Areas MAX Power Acquires Exploration Permits Covering 1.3 Million Acres Vancouver, British Columbia--(Newsfile Corp. - June 18, 2025) - MAX Power M...